Active
High Margin Legacy Restaurant
This long-established, highly regarded leagacy restaurant presents a rare opportunity for a prospective owner. With several decades of continuous operation, the business has built a loyal customer base, recognized for its signature dishes and exceptional service.The restaurant operates in a prime, high-traffic location, consistently drawing regulars and new guests alike.Key Highlights:Strong, longstanding reputation with aloyal, multi-generational customer base.Proven, steady cash flow with room for growth and expansion.Well-established loyalty rewards program with a substantial internal customer database. Catalog of exclusive recipes ready for use or future expansion into additional locations.Dedicated and experienced team in place to support a seamless transition.This business is ideal for someone looking to step into a turnkey operation with a rich history, strong brand presence, and potential for growth.
Listed By: John Sherrill (CBI)
Background information
Reference:
N218-JS
Year established:
1950
Reason selling:
Retirement
Operations
Employees:
25 Full Time Employees
Equipment:
FF&E (included) $105,710
Inventory:
Inventory is included (varies).
Furniture fixtures and equipment:
Included
Premises
Square footage:
6100 Sq feet
Opportunities
Growth:
Opportunity for Growth.
Market:
Great location. Legacy Restaurant.
Price and terms
Price:
$1,500,000
Training:
Seller is willing to stay to help transition for a time. There are ample long term employees in place as well.