Semi-Absentee, Profitable, Quick Service Restaurant

Business Overview:

This quick-service restaurant specializes in gourmet burgers and handcrafted sandwiches, offering a premium dining experience in a vibrant, high-traffic location. Known for its innovative menu and exceptional customer service, the restaurant has consistently achieved year-over-year growth, solidifying its reputation as a local favorite and a destination for visitors.

Strategically situated near several major hotels and a bustling university campus, the restaurant benefits from a steady flow of both local patrons and out-of-town guests. Its prime location in a high-traffic area ensures excellent visibility and accessibility, making it a go-to spot for casual diners, food enthusiasts, and professionals seeking a unique and satisfying meal.

The business is poised for continued success with several growth opportunities, including expanding catering services, enhancing its online ordering and delivery options, and increasing marketing efforts to attract university students and hotel guests. With a loyal customer base, strong community presence, and a menu that appeals to diverse tastes, this restaurant is positioned to thrive in the dynamic dining industry.

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Property Features and Assets:

The restaurant was originally founded by the previous owners, and in March of 2020, the current owners took over just as COVID began. Despite the challenges that many businesses faced during that time, the restaurant thrived. During the pandemic, sales were doubling year-over-year, and since then, the business has continued to grow, surpassing $1,000,000 in revenue in both 2023 and 2024. The location has proven to be a perfect fit for the concept, benefiting from high foot traffic and its proximity to a popular hotel, which has helped boost visibility and attract more customers. When the current owners purchased the restaurant, they saw incredible potential in the prime location and were excited about the opportunity to build on its strengths. Their goal has always been to grow the business and eventually sell, with plans to return to school after completing their work.

Market Competition and Expansion:

The burger and specialty sandwich restaurant operates in a highly competitive market, located in a small city with high foot traffic. Its prime location near a large university, local businesses, and a popular hotel gives it a consistent flow of potential customers from both the student population and area professionals.

Competitors in the area likely include other fast-casual and sit-down dining options, such as traditional burger joints, sandwich shops, and national fast-food chains. While larger chains may dominate with lower price points and established brand recognition, this restaurant has the advantage of offering a higher-end, unique menu with specialty items that cater to evolving tastes. Its proximity to the university and hotel also positions it well to target both local residents and transient visitors looking for a quality, convenient meal.

However, with the growing demand for healthier, locally-sourced, or gourmet options, staying competitive will require continued focus on product innovation, customer service, and marketing efforts that emphasize the restaurant's unique offerings in a crowded market.

Potential Areas for growth include, but are not limited to:

-Underutilized Space: Two large back rooms currently used for office and storage could be converted into catering spaces or repurposed for new concepts or businesses.

-Basement Potential: The basement, as large as the entire restaurant above ground, offers the opportunity for a separate venue such as a restaurant, nightclub, comedy club, or event space.

- Alcohol Sales: Currently a minor focus, but there is potential for increased revenue with a shift toward growing alcohol sales.

-Catering Expansion: Catering services primarily serve university organizations, but there is significant room to attract a wider variety of clients and expand this segment of the business.

Reason for Selling:

Additional Details:

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