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Businesses For Sale   >>   Food and Beverage Businesses For Sale

Award Winning Family Restaurants

Location  United States
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $1063000
Net Profit / Cash Flow  $2001000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1983
Number of Employees  > 200
Relocatable  No
Number of Employees  > 200
Real Estate  Leased
Training  By owner during transition.
Reason for Sale  Lifestyle change.

Description  With the first price increase in years, and moderately at that, 2008 showed excellent profits. These restaurants are ranked number one year after year by their patrons for consistent service and food quality. The loyal local clientele plus the robust tourist traffic confirms the people's choice awards from the local media as well as a national magazine. The popularity of these establishments is evidenced by the frequent long waits at lunch and dinner. A full service bar, souvenir & adjacent shopping area, playgrounds and live entertainment are available to compliment the diner's enjoyment. Well trained management is in place along with a staff that is well known for its award winning customer service. The real estate is not included in the asking price but is available for sale. More details are available from broker. These restaurants are ranked number one year after year by their patrons for consistent service and food quality. The popularity of these establishments is made known by the frequent long waits at lunch and dinner. A full service bar, shopping area, playgrounds and live entertainment is available for the diners enjoyment. The income producing real estate is not included in the asking price, but is available for sale. Contact the broker for more details. Combined seating in the 17,000 SF waterfront facilities is near 600. Kitchens are in mint condition. Private room available for special events. Expansion limited only by imagination... expanded retail gifts, branded food products and souvenirs, to name a few. A proven platform for additional locations. SIC 5812-08

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