Centrally Located Absentee Run Restaurant And Catering Business For Sale

Business description

This 20 year old established Restaurant, Bar, and Catering business is an absentee owned operation cash flowing $280,000 a year!! It has an EXCELLENT location, in a stand-alone facility with parking lot, patio, and is located amongst a thriving business park, hotel, and several residential communities. The Seller will carry up to 25%!! The space is 6,500 square feet of a full build-out and spacious kitchen for large catering jobs! The servers, cooks, and management are willing to stay on your staff! The building is optional, with a 1 acre lot for $900,000 ~ this could be developed into leased office condos! This location is a goldmine!! When real estate is include, the real estate broker will work with The Firm and this will allow for bank financing too. Contact Cortney Sells below.

Property information

Location:

Popular promotions, great food, signature drinks, and a spacious, fun environment designed for maximum mingling and entertainment distinguish this bar and grill from the rest. This location enjoys excellent name recognition and reputation, as it has been in operation in the area for over 20 years. Buyer has the option of purchasing the real estate (in a very valuable locale) or enjoying an attractive lease arrangement.

Premises details:

Occupies a 6,500 square foot, stand-alone building situated on a one-acre lot directly off of the most traversed street in Omaha. It is surrounded by a thriving business park, a hotel, and residential communities. Features a bar and dining seating capacity of over 200, plus an outdoor beer garden for 75 and party room which accommodates 40-45 guests. This location features excellent visibility and ample parking. The extensive and unique build-out features a large patio as well as a spacious kitchen. The building and lot can be purchased (the inclusion of real estate will allow for procurement of bank financing), or leased for just $5,000/month.

Business Operation

Expansion potential:

The party room is very popular and hosts many corporate and private catering clients - expand this area for additional revenue. Continue existing promotion and marketing efforts and enjoy brisk business!

Reasons for selling:

Retirement

Employees:

5 FTE; 30 PTE

Years established:

20+ Years

Other information

Support & training:

Yes

Furniture / Fixtures value:

$180,000 (included in the asking price)

Inventory / Stock value:

$30,000 (included in the asking price)

Relocatable:

This business can be relocated.