Restaurant - Large Prime Space

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  • Primary Category: Bars, Pubs & Taverns for Sale

For sale is a large restaurant/bar lease space. Included in the price is 7000 sq. ft. of prime retail space built for a restaurant/bar and all of the furniture, fixture, and equipment needed to run a large restaurant. The restaurant/bar is open for business and has been in business for 8 years but the franchise name is not for sale. The business is located in the North Little Rock McCain Mall area. According to the new owner the current business did $1,200,000 in sales for 2023. The space includes an equipped kitchen, a large bar, total seating for 220, an outdoor covered and enclosed area, an outside area, a dance floor, great parking, and is located in a high car and foot traffic area.

The furniture, fixtures, and equipment includes, but is not limited to, freezers, walk in coolers, an ice machine, fryers, ovens, a flat top grill, a pizza oven, a dishwashing system, heat lamps, a bar with 24 beer taps, music system, patio fireplace and heater, pots and pans, and dishes and silverware for 200 guests. The lease expires at the end of September but the owner sees no issues with a qualified buyer getting a new lease.

The seller will finance with 50% down for a qualified buyer. Detailed information will be provided by completing a confidentiality agreement and may be obtained by contacting Scott at [email protected] or 501-681-0741.

Financial Information

  • $350,000 Asking Price
  • On request Cash Flow
  • On request Gross Revenue
  • On request Down Payment
  • Yes Financing

Business Location

  • City: North Little Rock
  • State: Arkansas

Financing Comments

  • Seller will consider some financing for a qualified buyer

Reason for Sale

  • Moving out of sstyae

Detailed information

  • Year Established: 2016
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Adjusted EBITDA: On request
  • Inventory Included: No
  • Inventory Value: N/A
  • Monthly Rent: $12,000
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 7000
  • FF&E Included?: Yes
  • FF&E Value: $350,000

Training/Support

  • Seller will negotiate a tansition period
Business Listed by
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Scott Redden
Sunbelt of Arkansas
Show Phone Number
Listing ID
ARKNSAS001-55343

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