Turn-Key Restaurant with Established Reputation

1150 Highway 71 S, Mena, AR 71953

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For Sale

$795,000

Successful restaurant with 50-year reputation, includes equipment and liquor license.

Lot size:

0.89 Acres

HighLights

Established, Profitable Restaurant: Turn‑key operation with a 50‑year reputation and definite cash flow.
Fully Equipped: Includes all food, liquor, equipment, and furniture; ready for immediate operation.
Recent Renovations: Features new roofs, HVAC units, and various structural improvements.
Comprehensive Systems: Automated POS, TOAST financials, and DAVO tax system in place.
Transferable Assets: Liquor license and business name can be transferred to the new owner.
Growth Potential: Opportunity to increase income by expanding operating days.

We can help!

Listing Contact

Tiffany Lane

For Sale

$795,000

Successful restaurant with 50-year reputation, includes equipment and liquor license.

Lot size:

0.89 Acres

Added:: Aug 12, 2024
Days on Market:: 673
Last Refresh:: Jan 20 at 10:45 am

Property Features for 1150 Highway 71 S

General Information

Standard status: Active
Lot size: 0.89 Acres

We can help!

Listing Contact

Tiffany Lane

Listing agent Tiffany Lane

Listing office CENTURY 21 Perry Real Estate

Listing date Aug 12, 2024

Source Exprealty

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All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Perry Real Estate

HighLights

Established, Profitable Restaurant: Turn‑key operation with a 50‑year reputation and definite cash flow.
Fully Equipped: Includes all food, liquor, equipment, and furniture; ready for immediate operation.
Recent Renovations: Features new roofs, HVAC units, and various structural improvements.
Comprehensive Systems: Automated POS, TOAST financials, and DAVO tax system in place.
Transferable Assets: Liquor license and business name can be transferred to the new owner.
Growth Potential: Opportunity to increase income by expanding operating days.

Overview

This is a turn-key restaurant opportunity to acquire a successful restaurant with a 50-year reputation as one of the best places to eat in Polk County. The sale includes all food, liquor, equipment, and furniture. The restaurant features a widely varied menu, a meat market, and a full bar setup. There is separate office space and two additional outbuildings. The property includes two large walk-in freezers. Recent improvements include new roofs, a new 5-ton HVAC unit in the kitchen, a 2.5-ton unit under the stairs, a 2.5-ton unit upstairs, a compressor freezer, slicer, fryer, potato bin, shelving in the shed/bar, A/C in the bar, two scales, a water heater, a front door, a back door, and porch posts. The full back wall, bathroom siding, and building trim have also been replaced. The restaurant is set up for DoorDash and utilizes an automated POS system and TOAST for financials, along with a DAVO tax system. The liquor license can be transferred to the new owners, and the business name will also transfer, ensuring the goodwill of the business remains intact. The restaurant is currently open 5 days a week, presenting the potential for increased income by expanding operating hours.

Property Profile Location Intelligence

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Turn key restaurants

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Local Demand

City: Mena
County: Polk
State: Arkansas
Longitude: -94.2427
Latitude: 34.5729

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For sale
Restaurants
AR
Mena
71953
1150 Highway 71 S

What type of property is this?

Restaurant - Successful restaurant with 50-year reputation, includes equipment and liquor license.

Where is this restaurant located?

The property is located at 1150 Highway 71 S Mena, AR.

What is the asking price?

The asking price for this property is $795,000.

What are key features of this property?

This property features: Established, Profitable Restaurant: Turn‑key operation with a 50‑year reputation and definite cash flow.; Fully Equipped: Includes all food, liquor, equipment, and furniture; ready for immediate operation.; Recent Renovations: Features new roofs, HVAC units, and various structural improvements.