Profitable restaurant + FREE bonus restaurant
Asking Price: | $2,000,000 |
Gross Revenue: | $1,100,000 |
Rent: | $6,000/Month |
FF&E: | $800,000 |
Cash Flow: | $600,000 |
Inventory: | $1,000,000 |
EBITDA: | $600,000 |
Established Year: | 2020 |
Long-running establishment in prominent location is for sale, with a brand new adjacent restaurant being thrown in for absolutely free.
The primary owner is exiting the restaurant industry to focus on other business holdings and start a family.
Both restaurants are self-running with plenty of staff in all positions. Owners are often absentee.
Fixtures, furnishings, and non-perishable inventory included easily total up to the sale price.
Primary restaurant, alone, averages $800k annual profit. Verifiable through tax returns and other documents. Full bar with one of the largest spirits collections in the area. Second restaurant is too new to gauge full run-rate, so owner is throwing it in for free to sweeten the deal. Brand new coffee bar and retail shopping area located within restaurant. Plus a huge collection of spirits at the cocktail bar.
Restaurants are frequently rented out for special events and not too affected by seasonality.
Close vicinity to plenty of residential, commercial, and lodging traffic.