High Performing Restaurant – 20+ Years in business
| Asking Price: | $1,250,000 |
| Gross Revenue: | $1,930,000 |
| FF&E: | $700,000 |
| Cash Flow: | $481,000 |
| Inventory: | $20,000 |
| Established Year: | 2000 |
Consistently Profitable ~2 Million Revenue
Located in the mid-valley area. Long-time local and visitor favorite. Outstanding and diverse menu. Roomy, easy to work in, well maintained facilities with attractive outdoor seasonal seating make this restaurant an attractive stop year-round for lunch or dinner. Solid local and online reputation. Well established systems and consistent high level of profitability.
There is no substitute for the kind of visibility and location this business enjoys. Parking is excellent, the equipment package and buildout are significant. The space is customer friendly, easy to work in and comfortable.
Earnings/cash flow referred to is “Sellers Discretionary Earnings”. With discretionary earnings near ½ million for the last several years (‘24/481K, ‘23/476K, ‘22/553K, ‘21/477K) this is an excellent opportunity for a new owner to step in and enjoy the benefits of an operation that is already doing it right! At 2.6X Discretionary Earnings this business is priced fairly and has been approved by an SBA lender.
Potential purchasers should note that the asking price does NOT include inventory which averages about 20K.
Please Note: Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the resources to complete a transaction of this size BEFORE additional information will be provided.
