• Listing ID: 1258046

Restaurants And Restaurant Management Company For Sale


Location:
Category:
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Type:

Listed by:


Asking price:
$2,400,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
$2,300,000
Cash flow:
$392,000
Years established:
2001
Employees:
28
Relocatable:
This business can be relocated.

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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.


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

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
Support & training:
Whatever is reasonably required
Reasons for selling:
Expansion or new project depending on the buyer
Trading hours:
Differs by location -
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)

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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