Overlook Restaurant for Sale

Leavenworth , Indiana Restaurant for sale: 50 Year old iconic destination  restaurant located in Southern Indiana overlooking the Ohio River. Well established clientele.

Overlook Restaurant for Sale


The restaurant is located with one of the best views of the Ohio River. Customers are third generation and come from as far as 2-3 hour drive. Numerous times during weekends there is an 1.5 to 2 hr wait which bodes well for expansion. Renovated downstairs into bar with deck seating. My wife and I are in mid 60’s so we haven’t been as aggressive on promoting the outside deck so a lot of potential to increase revenue.



Location

Country:

USA

State or Province:

Indiana

City:

Leavenworth

Location Zip or Postal Code:

47137

Listing Information

Service Type:

Sit-Down Table Service

Title of Listing:

Overlook Restaurant for Sale

Year Established:

1970

Number of Locations:

1

Number of Seats:

Over 150

Size:

6000, Square Feet

Patio:

Yes

Number of Employees:

11-50

Hours of Operation:

11-7 Seven days weekly

Growth or Expansion Opportunities:

Yes

Reason for Selling:

Retirement

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Training Provided:

Yes

Links

Link to Facebook Page:

The Overlook Restaurant

Link to TripAdvisor Review Page:

Overlook Restaurant, Leavenworth,Indiana

Website:

WWW .TheOverLook.com

Financial Details

Asking Price:

$1,000,000

Gross Revenue:

1.35-1.4 million

Gross Revenue Range:

$1,000,000+

EBITDA Range:

$100,000-$300,000

SDE Range:

$100,000-$300,000

FF&E Value (Furniture Fixtures and Equipment):

225,000

FF&E Value (Furniture Fixtures and Equipment) included in price:

Yes

Inventory Estimated Value:

$25,000

Inventory Value included in price?:

Yes

Asset or Share Sale:

Flexible

Real Estate Owned or Leased:

Real Estate Owned

Real Estate Value Included?:

Yes

Financial Comments (include any Financing information that may be useful):

Land the restaurant sits on worth 350,000 -400,000

Contact Listing Owner