Highly Profitable Restaurant In Joliette For Sale

Description

Business type: full-service restaurant

Current status: established operating business

Profitability: reported as profitable

Annual revenue: more than $3 million

Seller's Discretionary Earnings: $407,000

Seating capacity: 340

Customers and market

Customer base: established

Repeat customers: stated as strong

Business reputation: stated as excellent

Service standards: stated as high

Staff and operations

Management team: experienced

Staff team: experienced and reliable

Operational continuity: supported by existing management and staff

Location

Site position: major roadway

Visibility: stated as high

Traffic exposure: stated as steady

Surrounding residential development: significant

Future customer growth potential: supported by nearby residential development

Lease

Lease structure: long-term

Expansion options

• Increase sales through surrounding residential growth
• Increase repeat customer activity
• Increase utilization of existing seating capacity
• Expand local marketing
• Increase event and group dining activity

Potential buyers

• Experienced restaurant operators
• Owner-operators
• Hospitality groups
• Strategic restaurant buyers

Buyer requirements

Proof of funds: required

Minimum proof of funds: $350,000