Award Winning Family Restaurants
Location United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $12500000
Net Profit / Cash Flow $1664000
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 2007 was a banner year for these well established family restaurants with revenues up nearly $1 million. This year promises to be the same, with only a modest price increase mid-year. 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
Click Here To Contact Seller
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