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Eureka Springs Icon - Restaurant currently run by owner's daughter generating good profit serving breakfast and lunch only. Sales for 2021 exceeded $500K beating 2019. Adding Dinner during the long tourist season could add $200-250K in sales and $50K to the bottom line. Beer and Wine Permit Current employees ready to stay. Real Estate with living quarters and office space included. New owner could use or rent for $7,500-10,000 per year. PLEASE DO NOT TALK TO EMPLOYEES ABOUT BUSINESS/REAL ESTATE SALE. Seller requires signed Non-Disclosure Agreement (NDA) to release financial and operational information. Please contact Richard Roberts by using email form to the right or by calling his direct number, 479.689.4455 Ext 11. NOTE: The phone number to the right that is revealed when you click on button is not our phone number. It is a tacking number that we do not use. Location: Eureka Springs, Arkansas Year Established: 2013 Real Estate: Owned Building Sq. Ft.: 4,000 Facilities: The facilities are on a main thoroughfare with a daily average traffic count of 6,600-9,300. There is a new patio area, interior remodeled during pandemic, plenty of parking. Living quarters are suitable for owner, renting or AirBnB. Real estate included. Website: aegisbusinessbrokers.com/business-for-sale-restaurant-with-living-quarte Market Outlook/ Competition: There appears to be a pent-up demand for tourist destination and restaurants in particular. Growth & Expansion: Adding dinner could increase sales by 30-50%. Adding hours/days also would increase sales. "The fastest-growing counties and metropolitan area in Arkansas over the past decade were in the state's northwest region, according to data released Thursday from the U.S. Census Bureau. Benton County had the state's fastest growth, with its population increasing by 28.5% since 2010 to 284,333. The second fastest growing, Washington County, saw its population increase by about 21% to 245,871. The Fayetteville-Springdale-Rogers metropolitan area grew by 24.2% to 546,725. The region is home to the headquarters of Walmart and Tyson Foods, as well as the University of Arkansas' flagship campus in Fayetteville." Source AP News
Listed: Apr 21, 2022
Updated: 5 hours ago
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