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Restaurant with Big Earnings

Financial Information

  • Asking Price: $399,000
  • Gross Revenue: $790,000
  • Cash Flow: $248,000
  • Down Payment: ON REQUEST
  • FF&E (Included): $50,000
  • Inventory: $6,000
  • Financing: Yes

Business Location

  • Garland
  • Garland County
  • Arkansas
Primary Business Category: Restaurants

This business is located in Garland County Arkansas and has quickly earned a great reputation for some of the best Italian food in the area. More loyal customers are coming back to eat inside every day to enjoy their great food and service. They have a healthy "to go" business and a very busy drive thru window. SBA lenders are actively loaning on restaurants with drive thru windows. Wow, the seller made $248,000 in 2019 proven by their tax return. Garland County Arkansas is home to Hot Springs and Hot Springs Village the largest gated community in the United States. Hot Springs is home to the famous Bathhouse Row, Oaklawn Racetrack and Casino, and Garvan Gardens. The area is full of beautiful mountains, lakes, and outdoor activities and has reasonable housing costs. This restaurant could be yours so contact me today to obtain detailed information by completing a confidentiality agreement. Scott at [email protected] or 501-681-0741.

Support / Training Comments

Seller will negotiate a transition period

Financing Comments

Seller will consider some financing for a qualified buyer

Reason For Sale
Relocation
  • Home Based: No
  • Year Established: 2018
  • Franchise: No
  • Year Acquired: 2018
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business
  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: Tuesday-Sunday
  • Hours Open: Varies by day
  • Fulltime Employees: 8
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 3,100 sq ft
  • Monthly Rent: $2,500
  • Lease Expires: 12/01/2022

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Business Listed by

Sunbelt Little Rock

Contact: Scott Redden
Office Phone: 501-224-2111
Mobile Phone: 501-681-0741
Listing ID: LITTLRK001-N315

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.