Business Summary

Features

* Buy these 8 Buffet Restaurants for Sale and pick up $20 Million in Sales and $1.4 Million in Earnings.
* The restaurant brokers have the right opportunity for you with an 8-unit property in business for over two decades
* Take-out and catering services account for 30% of the gross sales
* Sales have shown growth each year in revenue and 2013 was above the $20 Million dollar mark
* Menu of 150+ items that has been developed over several years to best meet the demands of the communities served.
* 20,000+ customers are members of customer loyalty programs
* Flexible owners with a promise to stay engaged in the business as long as needed.
* Long standing reputation for superior food quality and service
* Buffet Restaurants For Sale

Lease Term: Varies
Monthly Rent: $379,692
Indoor Seating: 350 - 400
Hood System: No

Buy these 8 Buffet Restaurants for Sale and pick up $20 Million in Sales and $1.4 Million in Earnings.

Eight store Buffet Restaurants for Sale Group provides immediate cash flow, long standing customer relationships and turnkey opportunity.

Ready to be a multi-unit owner with top line sales of $20 million dollars? The restaurant brokers have the right opportunity for you with an 8-unit property in business for over two decades. Locations are centered in the southeastern part of the United States and have a legacy of service and quality that is unmatched.

This buffet restaurants for sale group is fully staffed with a long standing operations team is in place that will remain. The buffet restaurants for sale chain is open for lunch and dinner. They also provide take-out and catering services that accounts for 30% of the gross sales.

You are acquiring the existing business opportunity in eight locations. Each location seats between 250 to 300 customers hungry for the food served up by these buffet restaurants for sale. Sales have shown growth each year in revenue and 2013 was above the $20 Million dollar mark with gross sales of $20,522,456 and EBITDA of $1,435,456.

Company Data:

Ø 2013 Revenue of $20,522,456
Ø 2013 Adjusted EBITDA of $1,435,456
Ø 30% of total revenue is generated from take-out and catering services
Ø 400 employees
Ø Value of Furniture, Fixtures & Equipment is $1M

Investment Considerations:

Ø Long standing reputation for superior food quality and service.
Ø Buffet restaurants for sale serve communities where many of the residents enjoy this style of dining and the combination of high quality food at a low cost.is a major driver of business
Ø Combination of services offered and menu appeal to every demographic.
Ø Proven business model that has been successful as both a Dine-In and Take-Out food service business. Growth opportunities exist in both aspects of the business.
Ø Menu of 150+ items that has been developed over several years to best meet the demands of the communities served.
Ø Take-out service offers the same menu of food items that are served in the buffet restaurants for sale chain
Ø Take-out service offers all food items in bulk or individual portions to serve individuals, families and the catering needs of groups of up to 100+.
Ø 20,000+ customers are members of customer loyalty programs.
Ø Opportunity to grow sales through increased marketing.

Buyer Considerations:

Ø The owners are flexible in the structure of a transaction and will stay engaged in the business as long as needed to insure a smooth transition to a new owner.
Ø President and management team would consider offers to join the new owner’s organization after a transaction is completed.
Ø The company owns most of their properties but they are not included in the purchase. The owners will consider offers to either lease or purchase the company-owned properties

Bring a multi-million dollar offer to the restaurant brokers on this one! The seller is ready to make a deal with the right party. Only well qualified buyers that are properly disclosed and demonstrate the financial strength will have access to information on this listing.

Property Details