Asking Price – $250,000
Established Lunch and Dinner Restaurant
Downtown Little Rock
Note: Business is confidential. NDA is required for more information, financial records, and full disclosure.
This established downtown restaurant is located in a thriving restaurant district and provides a big opportunity for potential owners.
The restaurant serves lunch and dinner and has one multiple awards during their 3+ years in business. Cash flow was strong pre-covid and the business is showing strong signs of rebound.
The owners are looking to sell business assets including furniture, fixtures, equipment, recipes, menu, and branding. The leased space the restaurant occupies is over 2,700 sq ft at a comparable lease rate to surrounding businesses.
There are a number of opportunities to increase revenue in the restaurant such as additional outdoor seating that is pre-approved, expanding to Sunday brunch, and lowering labor cost.
Asking Price: $250,000
Years Opened: 3+ years
Current Cash Flow: ~$500,000 annual average over past 3 years.
Property not included with purchase of business. All estimates are based on seller provided data, business broker makes no guarantee for growth rates or continued success.