Spectacular Restaurant Group Concept
Location Arizona,United States
Asking Price Range $10.0M - $20.0M
Gross Revenues $6000000
Net Profit / Cash Flow $500000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 100 - 200
Relocatable No
Number of Employees 100 - 200
Real Estate Leased
Training There is everything in place for continued expansion on a large scale basis of this very attractive concept. Owner will stay as general manager and to expand concept nationally.
Description Own this Zagats winner restaurant group for sale that has blended the best qualities of Ethnic dining concepts into a unique offering that has broad appeal to the patron looking for authentic neighborhood ethnic food, and also those preferring a more upscale fine dining experience. You can have both, which makes it unique in the marketplace and allows the restaurant to capture most of the Ethnic Cuisine business in it's area, solely by word of mouth.
Business Highlights:
Brand Strength
Well recognized executive chefs
Fresh ingredient made onsite
Proprietary recipes
Talented Management Staff
Strategic locations
Strong training processes
The culmination of this 10 year concept development is presented in the last location of four restaurants. The concept effortlessly combines the casual and elegant. The staff warmly invites you into your own neighborhood restaurant where you can order your favorite dish and exquisite chefs specials. This long established profitable restaurant group, is perfectly poised for the right investment group to take nationwide. It has incredible food critic and patron reviews. The executive chefs, management, processes and design are in place to assure profitable reproduction, on a large scale. The savvy investor can put one in every neighborhood across the country.
Competition Description: Even established high end chain competitors with large advertising budgets have not hurt the growth of this restaurant group. Patron and food critic reviews, and neighborhood loyalty has allowed consistent growth in all locations.
Growth/Expansion Overview: This concept would be perfect for major metropolitan, nationwide expansion.Profit margins would widen with economy of scale.
Recipes, ordering, fresh preparation processes, presentation, management, staff training and development, have allowed success in multiple locations without losing the quality, or eroding of the concept.
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