Restaurants And Restaurant Management Company For Sale

Business description

The owner comes out of a Nationally recognized upscale Hotel Corp. as a Regional VP who started as an entry level kitchen employee. He took over a successful restaurant with a 25 year history in 2001 and doubled it the first year. He expanded his ownership to 3 restaurants, leases one of them out and now manages Country Clubs, Restaurants, and Hotels for others.

Marketing Strategy: The business model here is very unique and the intellectual property that holds it together is awesome. A contract customer can view his operations financials up to the night before with a reporting of sales, profits, purchases, labor etc… ALL COSTS are absorbed by the owners including his management teams. There is NO OVERHEAD in the field and the managers in training are on the payroll of the contract customer. They are staffed to take on 6 new contracts this year and their ability to take on more is increased with every contract because every contract adds a place for a manager in training.

Property information

Real Estate:

Real Property Included

Premises details:

There are 3 company owned restaurants, one fine dining, 1 QSR and 1 catering facility. There are an additional 8 management contracts including fine dining, country clubs and a hotel

Business Operation

Expansion potential:

The QSR restaurant is totally reproduce-able and franchise ready. The management company can take on 6 contracts now and each each new contract produces the ability for one more because of the ability to add managers in training.

Competition / Market:

There is no one else with this business model that we are aware of

Reasons for selling:

Expansion or new project depending on the buyer

Trading hours:

Differs by location -

Employees:

28

Years established:

2001

Other information

Support & training:

Whatever is reasonably required

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Some financing could be considered as well as a partnership

Furniture / Fixtures value:

$500,000 (included in the asking price)

Inventory / Stock value:

$6,000 (included in the asking price)

Relocatable:

This business can be relocated.