Dec 27, 2019 — This profitable and established restaurant and bar is owned by an out-of-state group. In business since 2003, it sports a strong brand and loyal customer base. The restaurant prides itself on maintaining a cozy neighborhood bar atmosphere with handcrafted food, craft beer, and specialty cocktails.
The restaurant benefits from high online ratings and excellent customer reviews that keep patrons coming through the door. The restaurant is reputable and recognizable and has generated strong sales and cash flow despite limited ownership involvement. Exciting growth opportunities exist, including, hands-on ownership, new marketing initiatives, and untapped catering sales which own-ership has identified as a significant opportunity.
An owner who wishes to take a more active role in the Company could help maximize profitability by directly assisting in the day-to-day operations of the Company. Ownership or management would need to be more engaged in marketing, promotions, catering sales, Company operations, and other current opportunities in order to significantly grow the Company.
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