Business Overview
About the Company
Rare opportunity to acquire a very profitable multi-unit full-service restaurant chain. This 3-unit chain has decades of successful operation. The units are well staffed with experienced employees operating scratch kitchens. With a cash flow of over $3 million per year, these opportunities are hard to find. The chain offers full bars, outdoor dining, and catering. The concept is scalable up and poised for growth.
FACILITY: Large facilities in excellent condition - commissary kitchen large capacity
PARKING: Plenty of Parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: Varies by location: New lease terms; 2 years with two (2) five-year options; 5
years plus extensions available
BASE RENT: Varies by location: $8,000 plus NNN; $8,800 plus NNN; $15,833 (includes
NNN)
CONCEPT: Restaurant & Bar, Events
SIZE: Varies by location
SEATS: Varies by location
HOURS: Open Daily
LICENSES: Full Liquor Licenses
SALES: Over $10,000,000 per year
CASH FLOW: +/- $3,000,000 per year
ASKING PRICE: $11,500,000 (For the Business & Brand)