Pizza Buffet Restaurant Excellent Location Absentee

, Arkansas 5 views 0 favorites

Financial Highlights
Asking Price
$499,000
Revenue
$400,000
Business Description

You can pay $250k down and take over current loans. Seller motivated. Absentee Owner. Price Reduced. Great Location. This Pizza Franchise is located right next to huge hotels and always busy. Hotel/Motel guests are dining here throughout the day since this location is within walking distance to major Franchise Hotels. Large Buffet Restaurant with capacity of over 200. The location is unbeatable by being close to hotels off a major highway. Only Pizza Buffet in town and so many residents travel to this location to eat the all you can eat Pizza Buffet. New owner can renew the alcohol license and also utilize the conference room for parties or school events. The Restaurant also delivers via 3rd party delivery services. Very Low rent for this size restaurant and location. Pre-COVID sales were close to million dollars per year. Due to COVID shut down and previous mis-management sales dropped significantly but can be brought back up in no time by an experienced operator. Previous net income PRE-COVID was $200,000 after paying all expenses. Manager will stay. New owner must be approved by Franchisor. Ask about paying a down payment and taking over current SBA loans. To obtain more information about this great listing please enter your name and email address and click the orange send message tab. We will send you a NDA to sign. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at Sam@lonestarba.com or e-mail Sara@Lonestarba.com. Location: Mountain Home, Arkansas Year Established: 2016 Number of Employees: 20 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 5,500 Rent: $2,200.00 Per Month Lease Expiration: 12/31/2046 Facilities: Large Buffet restaurant with full equipped kitchen.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 2 weeks ago

Views: 5

Favorites: 0