5-Day a Week Seafood Restaurant with Fast Growth 001163
Well-developed Seafood Restaurant operating only 5-days a week with huge opportunity for growth is available for acquisition. This business was first established in 2015 and later relocated to the current facility in 2017 by the current owner of the business. The facility this business is housed in is a 3,013 SF Stand-Alone building with ample parking and high visibility from both sides of the road. A well-mix of demographics from the local area that consists of many families are the typical customers that make the customer base for this business. Competition can be expected for this industry, but the owner of the business competes by providing very competitive price points for their menu and locally sourcing their ingredients to provide high-quality products to their customers. While the sales of the business were initially affected by COVID in 2020, 2021 sales had almost recovered to pre-pandemic levels. Gross sales for the business were $70k/month only operating for 5-days out of the week without any marketing except word of mouth. This business has huge potential for growth if the hours of the business are expanded and local marketing is done to acquire new customers from untapped areas within the general market. Expanding the menu items as well as beverage options will also allow this business to create new sources of revenue streams to generate more cash flow. This business is a perfect example of how a well-maintained and cared for business is a few steps away from fast growth.
Focus on other business opportunities
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
This business is located in a 3,013 SF Stand-Alone Building placed nearby some major highways and several residential neighborhoods. Anchored by these landmarks, the amount of traffic in the area during lunch and dinner times is immense.
Few competitors are within the immediate market area, but this business competes with unbeatable competitive price points and the quality of their products that are managed meticulously by the owner.
No marketing is currently in place other than word of mouth and social media outlets. Utilizing other marketing sources and increasing the menu diversification for beverages as well as food will be hugely beneficial for the growth of this business.
100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.