Upscale specialty and family owned restaurant operation for sale in the South East. This is a very successful operation located in highly desirable location and close to affluent neighborhoods. The majority of the customers are High Income Individuals. In existence since more than 20 years, the business owners were able to successfully replicate their success in several locations. This is an opportunity for investors to scale up, replicate, license or franchise a highly successful recipe that has an average EBITDA around 20% and SDE above 30%. Manage by the owners, the employee main pool has a very high retention rate. Some of them have been employed for more than 20 years. The business is cash flowing more than $ 1.5 million per year. One of the locations has had sales as high as $3 million and have been consistently above $ 2 million for the last 3 years. The real estate is available for a price between $8.5M to 9M and the restaurant operation for $ 6M. Our internal model shows a 20% IRR after tax and a cash on cash return around 3.

Posted Jun 15, 2016

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