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- RE: Family Style Restaurant With Event Space
- Contact: Not Disclosed
Quick Facts
Asking Price: | $745,000 | |
Annual Revenue: | $1,442,669 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $209,362 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2021 | |
Employees: | 12 | |
BBN Listing #: | 980465 | |
Broker Reference #: | RST018-A |
Business Overview:
Presenting a family-style casual restaurant located in Gretna, Nebraska. The menu options include pizzas, phillycheesesteaks, wings, salads, soft drinks, and alcohol. The restaurant occupies a spacious facility with an event space, and they are capable of accommodating up to 150 customers. The dedicated team of 12 includes key roles such as General Manager, Operations Manager, Lead Supervisor, Shift Supervisor, Line Cooks, and Servers. The owner is semiactively involved by choice, including general oversight, administrative tasks, and financial reviews. These responsibilities can likely be absorbed by existing management. The owner is relocating out of state which is the reason to sell. To ensure a smooth transition for the buyer, the seller is willing to provide training over a six-month period. Additionally, the seller has offered to carry 15% of the purchase price to show their vested interest in the continued success of the business post-close. Priced at $745,000, a down payment of $74,500 can return $95,449 in the first year after debt payments! Gretna’sexpanding population and increasing economic activity create a favorable environment for restaurant opportunities. This strategic location provides easy access for local residents andalso draws in visitors from surrounding communities looking for quality dining options. There are several avenues for growth that could be explored by future owners; these opportunities include the addition of catering services and expanded menu items like desserts, it stands poised for continued success under new ownership.
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Property Features and Assets:
Assets Included in Purchase: $791,482
Market Competition and Expansion:
Offer catering services, add dessertitems to the menu, and expand on the current marketing strategy.
Reason for Selling:
Relocating out of stateAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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