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- RE: Established Wings Restaurant With Liquor License
- Contact: Dave Finsterwald
- License #: ER
Quick Facts
Asking Price: | $275,000 | |
Annual Revenue: | $750,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $84,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $136,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 9 | |
BBN Listing #: | 982504 | |
Broker Reference #: | GE-0931 |
Business Overview:
Profitable Established Non-franchise Opportunity!
This well-established restaurant, operating for over 10 years, presents a fantastic opportunity for an owner-operator or investor. Specializing in chicken wings and fries, the menu also features popular pub fare and a full-service bar thanks to a valuable liquor license. Located in a prime location with minimal nearby competition, the business enjoys a loyal customer base, including a strong takeout following.
•Proven track record with consistent profitability.
•Gross revenues averaging $750,000 annually.
•SDE (Seller's Discretionary Earnings) of $84,000.
•Prime location with limited competition.
•Strong repeat customer base and thriving takeout business.
•Valuable liquor license in place.
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Market Competition and Expansion:
This ready-to-run business capitalizes on the enduring popularity of chicken wings, a beloved choice for game nights, family gatherings, and casual dining. This operation provides a solid foundation for building a multi-restaurant chain or franchise with strong growth potential.Sellers are committed to ensuring a smooth transition, offering comprehensive training and a non-compete agreement.Don't miss this golden opportunity! Contact us today to schedule a private viewing and learn more about this thriving business.
Reason for Selling:
Partnership with 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
Documents:
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