Established Restaurant in the NWA/River Valley Area

Arkansas
Restaurant for Sale in Western Arkansas
Asking Price:$378,500
Gross Revenue:$1,117,380
FF&E:$450,000
Cash Flow:$141,965
Inventory:$10,000
Real Estate:$1,000,000
BUSINESS DESCRIPTION

This established restaurant in the Northwest Arkansas/River Valley area boasts an impressive loyal customer base, unique food offerings and an excellent location. With a planned local hospital expansion and a frenzy of commercial projects underway close to the business, there is a tremendous opportunity to increase revenue, especially in the area of catering. And with over 5,000 sq. ft. of real estate, including an outdoor patio seating area, it also offers plenty of room for future expansion. Potential buyers can rest assured that this restaurant has proven to be resilient. The current owners successfully operated it through the pandemic, and it is now trending to top pre-pandemic revenue numbers. All equipment is in excellent condition and the long-tenured staff is cross-trained.


DETAILED INFORMATION
Location
Arkansas
Inventory
Included in asking price
Real Estate
Owned
Building SF
5,000
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
A 5,000 sq. ft. building with outdoor patio seating.
Competition
Customer engagement activities and live music has helped foster loyal patronage and a unique enough menu has helped secure a niche portion of the market.
Growth & Expansion
A local hospital's planned expansion, and a frenzy of commercial projects underway close to this business, present abundant opportunities to expand catering services. This restaurant is on pace to grow 50% year on year. With a little over 10% projected growth of the restaurant industry in 2021, it shows great promise.
Support & Training
Free training and help with transition for a reasonable time period.
Reason for Selling
Owners retiring
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Mark
Kincannon
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Mark Kincannon