Business For Sale Listing 154205
Restaurant - Franchise Model
Status as of Dec-1-2008 at 05:59 PM: Active
Business Summary
Our firm is representing an excellent of restaurant and catering company that offers extensive growth capability from four separate revenue streams, three of which are well established in the existing operations.
The restaurant is a best market niche, upscale – casual, for its geographic location. The physical location offers very high-growth commercial and residential demographics with new large medical facilities and commerce opening as well as new upscale residential and multi-family residential projects providing appropriate income-based population growth for the two and five mile radius of the facility.
More impressive than the décor and atmosphere is the food; featuring fabulous barbeque and delicious steaks complimented with seafood, fresh desserts and breads. The meats are prepared with specialty sauces in two massive smokers. The quality of the meats and specialty preparations create a premier branding for their barbeque and steaks.
The bar area, with its attractive lay-out and high seas décor, is an inviting gathering spot for after work or later in the evening for all adult age groups. The bar area can minimally triple its current revenues as it can be staged for music, as well the popular big screen - sports bar is incorporated.
An additional under utilized profit center is the Catering Service. Currently the service is well operated with a growing repeat-user client base. The present ownership has not promoted or chosen to develop this revenue area.
A fourth profit center could be added within year one of operation, Franchising. Our franchise associate has analyzed the existing operations and modeled a program that will project probable $1,500,000 to $2,000,000 annual franchise revenue.
SALE VALUE $2,400,000
Determining Value Points
• Real Estate Value - $1,850,000
• Fair Market Value of Assets - $310,694
• Goodwill - $300,000
• Recast Normalized EBITDA - $323,593
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million |
| Profits: |
Between $100 Thousand and $500 Thousand |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $1 Million and $2.5 Million |
