Semi-Absentee Owned Full Service Restaurant

 Service / 82 views / New Listing

Price: $400,000.00

This semi-absentee owned full service restaurant is waiting for it’s next owner!

Are you looking for your next restaurant? Do you want extra income while maintaining your current job? Or are you the hands-on type looking to make a legacy legendary? Then this semi-absentee owned full service restaurant is ideal for you! It has everything in place a new owner needs for success: management, staff, recent upgrades, house recipes, recurring business, and plenty of room to grow with state and national expansion opportunities.

The restaurant offers a menu of customer favorites including:

  • Appetizers
  • Entrees
  • Sandwiches

Using proprietary recipes and seasonings, menu items are made fresh daily. It also offers seasonal and kids menus. Customers can easily place their orders online for carryout convenience. Dining room seating is for 70 people. An additional 40 person room is used for events with in-house catering. There is ample parking in the paved lot.

This popular full service restaurant draws customers from all over. Many come back on an annual basis. In fact, about 66% of business comes from repeat customers. Besides word of mouth and rave reviews on sites like Yelp and Trip Advisor, the owners advertise on local radio. However, most new customers come in as a result of passing by the restaurant. Between 6,000 to 9,000 vehicles pass by on a daily basis. This number increase with summer and holiday travels. It also draws in locals because it is close to shopping, dining, and entertainment.

Currently semi-absentee run, management and staff are in place and handling the day-to-day operations. With high volume sales and poised for future growth, this an opportunity you don’t want to miss out on!

Investment Considerations:

  • Popular Business
  • Semi-Absentee Owned
  • Management & Staff In Place
  • Offers Dine In, Carry Out & Catering
  • Seats 110 Plus
  • Recently Updated Equipment & Systems
  • High Visibility in Busy Location
  • Strong Repeat Business
  • Growth Opportunities Available
  • High Sales Volume
  • Seller Willing to Carry $100K Contract

Growth & Expansion Opportunities:

Opportunities to grow the business include:

  • Purchase a 2-Way Liquor License
  • Take On More Catering Work
  • Return to Original Operating Hours
  • Expand to Other Areas
  • Create A Chain or Franchise

Financial Information:

YearRevenueCash Flow
2023 $1,260,859$236,398
2022$1,134,527$65,912
2021$1,040,169$80,810
2020$944,529$68,660
2019$1,112,993$143,272

 

**For more information regarding this Semi-Absentee Owned Full Service Restaurant click the link below. IBA requires a Non-Disclosure Agreement be signed before disclosing business details.**

Non-Disclosure Agreement

For more information on the business buying process, click here. Interested in our other businesses for sale? Click the “All Listings” button below.

  • Reason For Sale : Retirement
  • Year Established : Year Established
  • Location : Central Indiana
  • Cash Flow : $236,398
  • Revenue : $1,260,859
  • Listing # : N2090

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