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North Arkansas High Traffic Restaurant
This hometown restaurant in a tourist town is located on the main highway which sees an average of 9,600 vehicles a day. Customer volume increases during tourist seasons, and the locals support the business during the other times of the year. It has been in operation with the current ownership for well over a decade. Covid was tough on the owner, and now she is looking for a slowdown in her professional life. 2021 saw revenue at 550,000 and 2022 posted 250,000 in the first 6 months. Overall, the numbers have been stable despite the hardship of the pandemic. All new equipment was purchased for the company 2 years ago in 2020, which has just been paid off.
High traffic of local patrons along with tourists from spring to fall
All new equipment
Previous successful management transition
Over a decade under the management of the current owner
Listed By: Jack Pritchett (CBI)
Background information
Reference:
N155-JP
Finance
Sales:
$550,903
Price and terms
Price:
$170,000