Full Service Restaurant W/Liquor

 
restaurant-fayetteville-arkansas restaurant-fayetteville-arkansas

Fayetteville, AR (Washington County)

Asking Price:$245,000

Cash Flow:$64,272

Gross Revenue:$292,000

FF&E:$45,000

Inventory:$7,500

Lease Rate:$4,000 /Month
(Includes Utilities)

Established:2011

Business Description

Fine dining restaurant and bar with outdoor patio. Located in the heart of Fayetteville with plenty of parking to accommodate patrons. Menu is an Italian fare with contemporary American offerings. Meals are cooked to order using fresh ingredients. Central business district location results in great dinner & lunch business. Serves Beer, Wine, and Mixed drinks. Reviews on Facebook, Tripadvisor, and Google average 4 stars or greater.

Detailed Information


Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,577
Lease Expiration:
12/31/2020
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,611 square feet of interior space with an additional 606 square feet of balcony/patio space and 180 square feet of office space. Rent includes utilities!
Competition:
This location is great and facilities ready to serve more. Currently operating hours that allow for Owner to always be there....expanded hours, and weekend brunch could be winners.
Growth & Expansion:
Restaurant currently has over 2,000 and 2,000 followers plus over 4,000 check ins on Facebook. Marketing to this base and adding delivery should result in increased sales without much increased cost. Potential to expand hours of operation and add breakfast and weekend brunch. Space not being fully utilized; room to increase seating capacity. Website functionality/information could be opened up to offer online delivery and improve marketing efforts.
Support & Training:
2 weeks
Reason for Selling:
Seller is ready to move on

 

$245,000

Request Additional Information

 

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