Business Price: $850,000
2018 Revenue: $1,845,046
2018 Operating Profit: $310,570
Summary Description: This bar and restaurant is well established with superior management in place allowing the owner to be mostly absentee. Its inviting warm, friendly ambiance attracts repeat and new customers. The menu offers popular choices at affordable prices.
The restaurant sees year over year growth. The revenue compound annual growth rate (CAGR) for the past three years (2016-2018) is approximately 8.5%; operating profit CAGR for the same period is approximately 9.5%.
Qualified buyers with restaurant experience preferred.
Employees: 15 full time employees
Facilities: Location! Location! Provides for a desirable and highly visible gathering place in an attractive area.
Growth and Expansion: The Restaurant has had 10 years of year over year growth even through the recession.
About the Sale:
Support and Training: Will be provided by the seller.
Reason Selling: To spend more time with family.
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