Southern Style Restaurants
| Gross Revenue: | $2,115,000 |
| EBITDA: | $398,000 |
Listing ID: 2245754Listing provided by BizBuySell
BUSINESS DESCRIPTION
The Company, is a three-location restaurant that provides an array of southern classics and comfort food in the Southeast. The Company was established in 2004 and has evolved into one of the highest-rated southern style restaurants in the region.
Key Aspects
• The Company has a proven track record with over 15 years of operation
• The Company's leading entity generated almost 50% of revenue in 2023
• All three restaurants have shown strong growth in adjusted EBITDA with
compound annual growth rates (CAGRs) of 53.3%, 44.6%, and 15.5% from 2020
through 2023
•Financials as of 12/23
REF-BN000025330
DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Leased
Growth & Expansion
•Grow the customer base by implementing drive through capabilities
• Increase recurring revenue by establishing a customer loyalty program
• Grow revenues by expanding the number of restaurant locations in
(mobile application payments, WIFI, loyalty cards, etc.)
• Grow revenues by expanding the number of restaurant locations in underserved markets
• Reduce recruitment costs by establish an employee engagement
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