Fine Dining Restaurant Group
www.GlobalBX.com
Listing ID:
700271214
Listing Title:
Fine Dining Restaurant Group
Quick Link:
http://www.globalbx.com/listing.asp?bId=271214
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
Area
City:
Asking Price Range:
$5.0M - $10.0M
Gross Revenues:
$5,400
Cash Flow:
$1,730
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1998
Number of Employees:
50 - 99
Business Description:
Upscale specialty and family owned restaurant operation located in the South East since the late 1990s. This is a successful operation in highly desirable locations close to ''affluent'' neighborhoods. The majority of the customers are high income Individuals.
For more than 20 years, the business owners have run successful restaurants in several locations. This is an opportunity for investors to scale up, replicate, license or franchise a highly successful recipe that has an average Adjusted EBITDA around 30%.
Managed by the owners, the employee base pool has a very high retention rate. Many of them have been there, for more than 10 years. 2016 revenues $ 5.4 M with Adjusted EBITDA of $ 1.730M.
ASKING PRICE: $ 6M (Real Estate not included).
Some of the real estate is owned by the seller. It is available for $9M .
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