Fast Casual Restaurant and Catering Business with Loyal Customers
Arkansas
Sale Pending
| Asking Price: | $450,000 |
| Gross Revenue: | $1,026,908 |
| FF&E: | $291,000 |
| Established Year: | 1961 |
| Cash Flow: | $322,714 |
| Inventory: | $7,000 |
| Real Estate: | $650,000 |
Listing ID: 2193114Listing provided by BizBuySell
BUSINESS DESCRIPTION
This restaurant and catering business is a family-owned gem that has been serving top-notch food to walk-in and catering customers in the region for decades. Their loyal customers can attest to the quality of their food, as well as the welcoming family atmosphere created by the owners and their tenured and cross trained staff.
DETAILED INFORMATION
Location
Arkansas
Inventory
Included in asking price
Real Estate
Owned
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This full-service casual restaurant and catering service includes all kitchen and catering equipment in great condition. Alongside the restaurant, the real estate also includes suites that may be leased for additional income.
Competition
There are currently few fast-casual and fast-food competitors in the area, but there may be an increase as new infrastructure is completed and development in the area continues to grow.
Growth & Expansion
The business is expected to grow organically, thanks to the local residential and commercial expansion in the area. The new owners can grow the business by expanding weekend operating hours and offering online ordering which would increase their takeout orders. Additionally, by expanding the catering staff, they can facilitate more customer-site and delivered catering opportunities.
Support & Training
To ensure a seamless transition, the current owners are willing to provide training to the new owners for a reasonable amount of time. They are also open to consultation following the transition.
Reason for Selling
Retirement
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