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- RE: MM Dollar Restaurant With Reputation For Excellence
- Contact: Bill White
Quick Facts
Asking Price: | $1,823,000 | |
Annual Revenue: | $3,952,481 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $780,680 | |
Total Debt: | Not Disclosed | |
FF&E: | $700,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2001 | |
Employees: | 83 | |
BBN Listing #: | 939489 | |
Broker Reference #: | 4301-18237 |
Business Overview:
Guests LOVE to indulge in this delightfully upscale full-service restaurant, tavern, and catering operation, where excellence is not just a reputation but a way of life. Boasting a dedicated team of over 80 culinary professionals, this exceptional eatery offers an experience like no other. The meticulously crafted menu showcases a symphony of flavors, featuring succulent steaks, delectable chicken specialties, fresh seafood, gourmet pastas, vibrant salads, mouthwatering sandwiches, and enticing starters. The restaurant takes pride in its commitment to utilizing locally sourced, sustainable ingredients whenever possible, ensuring a dining experience that is not only exceptional but also casual enough to satisfy the masses. With a robust presence on social media, the restaurant has amassed over 10,000 devoted followers, a testament to it’s widespread appeal and loyal customer base. A seasoned general manager, supported by a team of dedicated assistants and accomplished chefs, ensures the seamless operation of this neighborhood gem. Spanning nearly 6,000 square feet in a bustling shopping center, the space is designed to accommodate over 200 guests, artfully divided into multiple dining areas, including a lively tavern. Beyond the exquisite dining ambiance, the restaurant has cultivated a substantial carryout following, now utilizing 3rd party delivery apps.
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Property Features and Assets:
Nearly 6,000 Square Feet of leased space in a busy shopping center. Options available until April of 2029 and likely beyond.
Assets = $760,000
Market Competition and Expansion:
This Restaurant & Tavern has a fantastic location in a growing community, a wonderful reputation and over 10,000 Social Media followers. Owners are not concerned about competition.
This is a mature restaurant with well-established sales and excellent profits over many years. Growth is possible by maintaining or increasing standards of service, food quality, proper staffing, and proper attention to consumer desires. The addition of 3rd party delivery services has been rolled out in 2023 and deemed a success!
Reason for Selling:
Other Business Interests.Additional 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
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