Very Profitable Multi-Location Restaurant Business with 3.2MM EBITDA
District of Columbia, DC
Sale Pending
| Cash Flow: | $3,417,131 |
| Inventory: | $250,000 |
| FF&E: | $200,000 |
| Gross Revenue: | $31,928,720 |
| EBITDA: | $3,217,131 |
| Established Year: | 1976 |
Listing ID: 2255633Listing provided by BizBuySell
BUSINESS DESCRIPTION
This opportunity presents a well-established multi-location restaurant business that boasts a robust and profitable operational history. With multiple locations strategically positioned in high-traffic areas, this business has built a loyal customer base and a reputation for quality dining experiences. The current owner reports an annual Adjusted EBITDA of $3.2 Million. Additionally, there is approximately $200,000 in equipment value and $250,000 of inventory that will be included in the sale.
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Employees
450
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The current locations are in prime areas with high visibility and foot traffic.
The facilities are modern, well-maintained, and could be easily relocated if necessary.
Competition
While the restaurant industry is competitive, this business stands out due to its long-standing reputation for exceptional service and high-quality food. The business has maintained stability and consistent growth, even in fluctuating market conditions, thanks to its strong brand and dedicated customer base.
Growth & Expansion
The business currently relies on a mix of word-of-mouth, social media presence, and minimal online marketing for customer acquisition. A new owner could explore various growth opportunities, including expanding the online presence, implementing targeted marketing campaigns, and potentially opening new locations. The Seller is willing to provide training and insights to help the new owner capitalize on these expansion opportunities.
Financing
The owner is open to considering some financing options for a well-qualified buyer.
Support & Training
The owner is committed to providing comprehensive training to ensure a smooth transition for the new owner. This includes operational insights, staff management, and marketing strategies.
Reason for Selling
The current owner wishes to retire.
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