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Restaurant

Strong Earnings

REF# 3132 A/B


Loyal Customers



$650,000

Springfield, MO Area


Detailed Information

Years 2018 2017
Gross Revenues toottip $1,452,134 $1,582,294
CASH FLOW EBITDA toottip $188,791 $252,390
Years 2018 2017
Gross Revenues $1,452,134 $1,582,294
CASH FLOW EBITDA $188,791 $252,390
Inventory toottip Included $20,000
FF&E toottip Included $80,000
Leased toottip Included
Established 2011
Inventory toottip
$20,000 (Included)
FF&E toottip
$80,000 (Included)
Leased toottip
(Included)
Established
2011
Reason for Selling
Other Business Interests

Business Description

    This opportunity consists of two casual full-service restaurants.  Both locations are the same lively, fun concept with full bars. The menu includes appetizers, salads, sandwiches and entrees. Both locations offer theme nights and entertainment on a regular basis.

    Each location has a full-time manager that is not an owner and there are approximately 40 mostly part-time employees between the 2 locations. The current owners are minimally involved in the operations thanks to the systems they have created and the management team they have in place. This is a great opportunity for either a hands-on owner or an investor.

    Excellent long-term leases are in place and they each include extension options at reasonable rates. The rent is less than 7 percent of sales for each location. This business has captured several thousand customer email addresses and has 13,000+/- followers on Facebook.

    The current owners will assist in a smooth transition.

    Building Square feet:  Estimated at  5500 SF  & 4800 SF

     

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      Steve Nurnberg- Kingsley Group Business Brokers of Springfield Missouri

      Steve Nurnberg Kingsley Group


    Your Business Sales, Mergers & Acquisitions Specialist