Restaurant Business for sale in Springdale Arkansas

Italian Restaurant - Great Reviews - High Margins - Low Competition

Location : Arkansas - Springdale

Category : Restaurant

Asking Price : $ 160,000

  • Sales revenue : $ 448,000
  • Net profit : $ 70,000
  • Furniture/Fixtures value : $ 50,000
  • Inventory/Stock value : $ 5,000

Business description

Family dining with old world charm in newly updated facility. Located on busiest north/south corridor in Northwest Arkansas with plenty of parking. Menu includes pasta dishes, pizza and specialty items prepared with fresh ingredients. All meals are cooked to order using old family recipes. Everything from breads to pizza sauce is made in house every morning. Does great lunch and after work business due to proximity to Tyson, Cargill, JB Hunt and other businesses nearby.

NOTE: per Besse Fulmer Wealth Management

 "Lower taxes will affect take-home income, and in 2018 some economists expect the tax-cuts to stimulate disposable income growth by an additional 0.30%, or a level that we have not seen since late 2014."

The macroeconomic picture looks quite favorable for the restaurant space.

Other Information

  • Years established: 2016
  • Employees: 9
  • Selling Assets:All Assets
  • Real Estate:Free standing building, 3,000 square feet on corner lot with plenty of parking. Seating set for 92 patrons.
  • Competition:One of three Italian restaurants in a city of over 78,000 serving dinner and one of two that serve lunch. High margin fresh food menu items with little to no competition.
  • Expansion:Loyal following, great internet based reviews located in one of the most desirable growth areas of the US. Growth could come from catering, outdoor patio and mixed drink licensing.
  • Support Training:2 Weeks
  • Reason Selling:Other business interests
  • Lease Terms:Lease with option expires 12/31/2024
AEGIS Business Brokers, LLC
  • Company Details : AEGIS Business Brokers, LLC
  • Agent Detail : Christopher Beam
  • Phone : Click here for phone number
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