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Businesses For Sale   >>   Banquet Businesses For Sale   

Restaurant Bowling Center Chef Owner Needed

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $550000
Net Profit / Cash Flow  $125000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1950
Number of Employees  6 - 9
Relocatable  No
Number of Employees  6 - 9
Real Estate  Owned
Training  Owner will train.
Reason for Sale  Retirement.

Description  Wanted! An entrepreneurial chef who has always wanted to own his or her own thriving family restaurant. This is a regionally well know and established fully furnished and equipped family dining and entertainment center having been in continuous operation since 1950. The current owner is looking for the right buyer who can help it achieve its full potential buy growing fine family dining. This business has been known as a family entertainment center with the restaurant, bar and attached 12 lane Brunswick Glow Bowling Center and video arcade. Management has been focusing on family dining, private parties, banquets, weddings and other events that boost food sales. This strategy has been working, with food and beverage sales increasing steadily over the past five years, averaging about 20% growth per year. The dining room has a warm nostalgic feel of a TGI Fridays with oak and maple and beautiful brass railings and raised seating areas for 75 people, which offer privacy from the 42 foot curved bar. Both the fully modern and professionally equipped kitchen and dining room are under utilized and offer an enterprising chef room for explosive growth through food sales. Recent improvements to the kitchen include new convection ovens, a new refrigerated prep table, high capacity fryer, waitress desert station, waitress salad prep station and redesigned work counter area. These changes have greatly increased the speed and efficiency of the kitchen. Most recently, a new computerized cash register system has been installed increasing food-ordering efficiency and reducing mistakes and helps greatly in tracking sales and inventory usage. The business is located 1/2 mile from a major state park that attracts over 1 million visitors each year. There are over 2 million residents within a one hour drive and is just a few miles from the county seat, a hospital and a private college. If you are a chef who wants to be your own boss, please contact for additional information.

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