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High Profile Seafood Restaurant In Sebastian County For Sale

Sebastian County, Arkansas
Asking Price:
$950,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,317,378 (USD)
Cash Flow:
$216,262 (USD)

This All-You-Can-Eat buffet restaurant has a huge loyal customer base and is one of the most popular of all restaurants in the area. The community has embraced this facility for many years and made it an extremely profitable business. Customer loyalty has been maintained by offering the freshest food possible at reasonable prices. A unique ambiance is offered for customers to enjoy a great meal. The building and satellite parking lot across the street are part of the sale. The restaurant is open Tuesday through Sunday, serving lunch and dinner.

Property information

Premises Details:

The restaurant was opened nearly 40 years ago, and was purchased by the current owners in 2005. It has operated as a seafood buffet successfully over this time period and experienced continuous, steady growth

Business Operation

Expansion Potential:

There is plenty of space for expansion and parking, including the parking area across the street that is included. There are opportunities to increase the income by adding alcoholic beverages or by converting buffet to salad only and offering all you can eat table service on other items.

Competition / Market:

Restaurants are highly competitive and new startups are considered to be risky. However, established restaurants hold a firm position in the market, as they have established a good location (which is key), as well as a strong customer base.

Reasons for selling:

retiring

Trading hours:

Tue-Sun 11AM-8PM, Sat til 9PM

Employees:
26
Years established:
1976

Other Information

Support & training:

3 weeks

Financing available:

240000.00

Furniture / Fixtures value:
$40,000 (USD) - included in the asking price
Inventory / Stock value:
$35,000 (USD) - included in the asking price

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