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Successful Restaurant, Scenic North Arkansas
This restaurant is a profitable and growing establishment located in the Northwest Arkansas region. The restaurant draws patrons from a 50 mile radius. Historically, this restaurant has maintained its solid reputation along with a growing repeat clientele. The area is expected to continue its strong growth as tourism, new residents, and new businesses continue to grow and expand.
The long-term staff, extraordinary food, and scenic setting keep new and repeat customers coming back for another exceptional dining experience.
Highlights
Experienced Staff
Well-known with Great Reputation
Delicious Menu and Impeccable Service
Everything a Premier Steakhouse Should Be
Listed By: Carol Gresham (CBI)
Background information
Reference:
N184-CMG
Reason selling:
Other responsibilities, lives far away
Finance
Sales:
$919,504
Profits:
$162,160
Profit type:
Discretionary Earnings
Operations
Inventory:
Average inventory is $13,000 and not included in price
Furniture fixtures and equipment:
$73,600
Premises
Facility:
Historic property in scenic setting
Rent and lease terms:
Real Estate: A long-term lease can be negotiated with the current Owner.
Location:
Northwest Arkansas region
Opportunities
Growth:
Restaurants in this area are thriving due to rapid growth.
Price and terms
Price:
$675,000
Training:
The Seller will be willing to train and consult with the new owner to help insure the historic quality and reputation will remain the same. The current chef will also be on site and available to train.