Cash Cow Restaurant With Management in Place For Sale
Cash Cow Restaurant With Management in Place For Sale
The restaurant is a consistent producing restaurant due to its captured customer base. This business sits off a high trafficked interstate as one of the main exits. It is part of a larger truck stop operation and captures year-round customers from locals, travelers and truckers. Management is in place and the owner lives out-of-state. Huge growth potential is backed by solid and consistent historical performance. Seller is motivated to sell! HIGHLIGHTS: • 2-year average Cash Flow is over $215,000!! • 2-year average Revenues over $1,100,000 per year!! • PRICE INCLUDES EQUIPMENT & INVENTORY! • Located off a major Southeastern USA Interstate. Captures year-round traffic from locals, travelers & truckers! • Can be Owner-Operator OR Absentee-Owner. • COMPLETE TURN-KEY CASH COW WITH MANAGEMENT IN PLACE!! • Some Owner Financing may be available for the right buyer.
Location
Country: | USA |
State or Province: | AR |
City: | Gurdon |
Location Zip or Postal Code: | 71743 |
Listing Information
Service Type: | Sit-Down Table Service |
Title of Listing: | Cash Cow Restaurant With Management in Place For Sale |
Year Established: | 1985 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | , Square Feet |
Patio: | No |
Number of Employees: | 11-50 |
Hours of Operation: | Monday - Sunday (7 days per week) 7 am - 10 pm |
Growth or Expansion Opportunities: | 1. More Involved Ownership - While ownership does not have to be present at the business daily, ownership which takes an active interest in the business will improve performance. 2. Marketing - Currently the business does absolutely nothing in marketing. A billboard on I-30, active website and social media platform’s. 3. Possible addition of beer. |
Reason for Selling: | The seller is divesting themselves of business interests. |
Owner Operated or Absentee Owner or Flexible: | Absentee Owner |
Training Provided: | Yes |
Links
Website: | https://www.bizbuysell.com/business-opportunity/reduced-price-motivated-seller-cash-cow-restaurant-with-management/2255297/?returnurl=d3d3LmJpemJ1eXNlbGwuY29tL2Jyb2tlcmRpcmVjdG9yeS9Qcm9maWxlL1ZpZXdCcm9rZXJQcm9maWxlLmFzcHg%2fQnJva2VyUHJvZmlsZUlEPTM3MjIw&returnurllabel=50 |
Financial Details
Asking Price: | $550,000 |
Gross Revenue Range: | $1,000,000+ |
EBITDA Range: | $100,000-$300,000 |
SDE (Sellers Discretionary Earnings): | $217,000 |
SDE Range: | $100,000-$300,000 |
FF&E Value (Furniture Fixtures and Equipment): | 201,840 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Estimated Value: | $15,000 |
Inventory Value included in price?: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Real Estate Owned |
Total Monthly Rent: | $FMR Adjustment to $5,000 |
Financial Comments (include any Financing information that may be useful): | The seller is in truck stops and commercial real estate. They own the real estate, but will form a lease for the buyer of the restaurant. A fair market rent adjustment has been made as the seller seeks $5,000 monthly in rent. Terms to be negotiated. The business has been pre-qualified for an SBA 7(a) loan. Depending on the buyer and the offer the seller may finance a small portion. |
Contact Listing Owner
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