OFF Market: Celebrity Themed Restaurant For Sale: $99,000
Employees
65
Facilities
8,000 square foot retail and restaurant with high visibility in well-known, high traffic, established area. Facility is leased with a comfortable lease rate. Facility is surrounded by major “big box” retailers and chain restaurants. Restaurant has a private dining area, large party room, outside dining, medium to large dining area and a high exposure retail section. Asking price includes, all FF&E required to operate, a 5 year License Agreement to utilize the Brand, marketing material, and celebritie’s likeness and endorsement, Lease Agreement for 5 years. All a buyer needs is cash for inventory and operating capital estimated to be approximately $100,000. This is a high return, highly visible opportunity with trememdouns growth potential in the US and abroad.
Competition
Although relatively new to the market this business has exploded to more than $2mm a year in food and retail sales. There is no other restaurant/retail operation in the southern US with this distinction. More details will be communicated to qualified prospects after a confidentiality agreement has been executed.
Real Estate
Leased
Growth & Expansion
There is no slowing down for this business as their brand continues to expand Globally. People come from all over the world to dine at this restaurant. Growth is predicted to happen as operations become “refined” and the theme is expanded. More details will be communicated to qualified prospects after a confidentiality agreement has been executed. Sales of retail items, (shirts, hats, etc) exceeded $250,000 in 2015.
Support & Training
Owner will be available to train and answer calls for up to 30 days. Restaurant has a full complement of management and employees.
Reason for Selling
Owner is retiring
Financials
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