Well Established Restaurant in Lincoln

Confidential, Nebraska

  • Asking Price: $400,000
  • Gross Income: $1,719,031
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $400,000
  • Listing ID: #221714
  • Established: 1996
  • Employees: 13

Business Description

DESCRIPTION: REDUCED PRICE: Well established restaurant in Lincoln that has been steadily growing for over 20 years. It offers multiple income streams, dine in, carry out, catering and wholesale, and has a strong, loyal customer base supported by a skilled & dedicated staff.
The business has 2 full kitchens, multiple dining areas that have been recently renovated with seating for over 150, plus a meeting room for small groups of 25 or less. Groups that meet weekly, monthly and just occasionally are in place on the schedule. Along with yearly scheduled contracted caterings from different organizations plus multiple wholesale obligations.
The seller is motivated to sell but also to make sure that the new owner has what they need to succeed. Planning to work with the new buyer for a season to give the buyer the knowledge and experience they need to take over.
A buyer with desire, knowledge and passion for the industry could qualify for SBA lending. This would mean that a buyer would only need 10% of the purchase price as a down payment! For more information, please contact John Haverkamp or Andrew Foxhoven of Sunbelt Business Brokers at 402-827-3190.

Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Nebraska
Metropolitan Area: Confidential

Company Information

Year Established: 1996
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 13

Financial Information

Asking Price: $400,000
Gross Revenue: $1,719,031
EBITDA: $315,030
FF&E: $400,000
Seller Financing Available: No

Contact Business Seller

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Business Listed By:

Frank Haverkamp

Sunbelt Nebraska