Only Restaurant In The County Has Alcohol Licenses
Location Arkansas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1200000
Net Profit / Cash Flow $98000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1999
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Yes.
Reason for Sale Kids grown don't need my support, want to slow down to smell the roses!
Description Dream Restaurant, the only one in County has an Alcohol Licenses. This sale included all the equipment, fixtures. We spent more than $160,000.00 for an extensive remodeling in 2005.(The real estate alone was appraised for $600,000 in 2005 before the remodeling), We have 3 POS stations and a state of the art surveillance system, which has the capacity for viewing from home or other off-site locations through the internet. 6000+ Total Square Feet. Capacity for seating 200, plus banquet rooms that can seat 100+. Existing theme & decor is casual dining.
This restaurant is located at the intersection of three Hwys 67, 64, and 167 with daily traffic of more than 17,600 cars. Located at the best school district you looking for, within 45 mins. to beautful lake and recreations.
This restaurant is sitting at a small town at the intersection of highways and with a McDonald just down the road, attracts travelers and has a customer base that extends over 50 miles. Because of the location we are the only designated Traveling Center located inside a private location in Arkansas. We give away hundreds of tourist guides, maps and fishing manuals every week. We are the stopping point for both travelers and tourist buses.
The concept we have is Southern Home cooking with Oriental essence. We have a fresh raw vegetable/meat bar(Gusts choose their own veggies and meat), and we have a Chabroiler and Teppenyaki (Grill) in the middle of the dinning room where we custom-cook for our customers steak, stir-fry, fajitas, or saute', similar to a Japanese ''Showgun'' ''Teppan-yaki''.
The owner can train you for the day to day menu and the receipts that we carry all these years. However,this Establishment is designed for any kind of authentic concept.
The asking price is $400,00 that is including all the equipment and fixtures. The property and building will sell for $600,000. I intented to sell everything and train the new owner for one month free.
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