Thriving Multi-Location Restaurant Business

Thriving Multi-Location Restaurant Business with 3.2MM Adjusted EBITDA
Executive Summary: This opportunity presents a well-established multi-location restaurant business that boasts a robust and profitable operational history. With multiple locations strategically positioned in high-traffic areas, this business has built a loyal customer base and a reputation for quality dining experiences. The current owner reports an annual Adjusted EBITDA of $3.2 Million. Additionally, there is approximately $200,000 in equipment value and $250,000 of inventory that will be included in the sale.
Competition / Market Outlook: While the restaurant industry is competitive, this business stands out due to its long-standing reputation for exceptional service and high-quality food. The business has maintained stability and consistent growth, even in fluctuating market conditions, thanks to its strong brand and dedicated customer base.
Growth and Expansion: The business currently relies on a mix of word-of-mouth, social media presence, and minimal online marketing for customer acquisition. A new owner could explore various growth opportunities, including expanding the online presence, implementing targeted marketing campaigns, and potentially opening new locations. The sellers are willing to provide training and insights to help the new owner capitalize on these expansion opportunities.
Reason For Sale: The current owner is looking to retire.
Training: The owner is committed to providing comprehensive training to ensure a smooth transition for the new owner. This includes operational insights, staff management, and marketing strategies.
Facilities: The current locations are in prime areas with high visibility and foot traffic
The facilities are modern, well-maintained, and could be easily relocated if necessary.
Financing: The owners are open to considering some financing options for a well-qualified buyer.
Non-Compete: Yes
Hours of Operation: Regular restaurant hours to cater to the primary dining needs of patrons.
Employees: Approximately 450 including the owner.
Year Established: 1972
Financial
Gross Revenue: $31,928,720
Adjusted EBITDA: $3,217,131
Inventory: $250,000 *Included in asking price
Equipment: $200,000* Included in asking price