Package of 2 Profitable High-Volume Bistros - great locations!
Asking Price: | $1,900,000 |
EBITDA: | $546,825 |
Gross Revenue: | $3,400,000 |
Profitable Restaurants in great locations!
We are pleased to offer this package of 2 popular and profitable absentee run Bistro style restaurants in very desirable high traffic locations.
The Bistros are a branded concept which is well established with a strong positive and lasting reputation for excellent value and a creative menu. The restaurants operate with breakfast and lunch hours making them a favorite for brunch and casual dining. The menu focuses on breakfast items and classic dishes executed with high quality ingredients and attention to detail. Fine coffee, espresso drinks, beers, and mimosas make up the complimentary beverage menu.
The restaurants have comfortable interiors which offer a perfect combination of casual yet modern dining that suits both the cuisine and clientele. Each has a full kitchen with Hood/Ansul and all the equipment you need to do fast production for a full house.
The restaurants each occupy about 3,500 sf plus patio seating for total occupancy in the range of 120. Both locations are outstanding in terms of visibility and foot traffic.
Both locations do high volume sales, and they are profitable with mostly absentee ownership. The combined 2022 Net Sales were approx $3.4Mil with EBITDA of approx 546k. Financials will be available to qualified buyers who complete our Buyer Registration and NDA form.
The founding owner is pleased with the long-term success of the business, but the time has come to prepare for retirement. This would make a great choice for an experienced restaurateur, or restaurant company interested in expanding the brand. The owner prefers to sell both restaurants including the trade name as a package, but is also offering the restaurants individually (with some modification of the trade name required).
Interested? This is a confidential listing so registration with NDA is required to receive further details.
We look forward to talking with you about this exciting opportunity!
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