Thriving Multi-Location Restaurant Business
Relocatable, MD Not Disclosed
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- RE: Thriving Multi-Location Restaurant Business
- Contact: Greg Knox
Quick Facts
| Asking Price: | $0 | |
| Annual Revenue: | $31,928,720 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $3,217,131 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $200,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1972 | |
| Employees: | 450 | |
| BBN Listing #: | 949282 | |
| Broker Reference #: | RESTAURANT |
Business Overview:
Executive Summary:Â 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.
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Property Features and Assets:
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.
Market Competition and Expansion:
Competition / Market Outlook: 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 and 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 sellers are willing to provide training and insights to help the new owner capitalize on these expansion opportunities.
Reason for Selling:
RetiringAdditional 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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