Established Restaurant in the NWA/River Valley Area

, Arkansas 6 views 0 favorites

Financial Highlights
Asking Price
$388,000
Revenue
$1,117,380
Business Description

This established restaurant in the Northwest Arkansas/River Valley area boasts an impressive loyal customer base, unique food offerings and an excellent location. With a planned local hospital expansion and a frenzy of commercial projects underway close to the business, there is a tremendous opportunity to increase revenue, especially in the area of catering. And with over 5,000 sq. ft. of real estate, including an outdoor patio seating area, it also offers plenty of room for future expansion. Potential buyers can rest assured that this restaurant has proven to be resilient. The current owners successfully operated it through the pandemic, and it is now trending to top pre-pandemic revenue numbers. All equipment is in excellent condition and the long-tenured staff is cross-trained. Location: Arkansas Number of Employees: 33-35 Real Estate: Owned Building Sq. Ft.: 5,000 Facilities: A 5,000 sq. ft. building with outdoor patio seating. Market Outlook/ Competition: Customer engagement activities and live music has helped foster loyal patronage and a unique enough menu has helped secure a niche portion of the market. Growth & Expansion: A local hospital's planned expansion, and a frenzy of commercial projects underway close to this business, present abundant opportunities to expand catering services. This restaurant is on pace to grow 50% year on year. With a little over 10% projected growth of the restaurant industry in 2021, it shows great promise.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 8 hours ago

Views: 6

Favorites: 0