Current Use by Public Records
- Hospitality properties
Property Details for 0000 Undisclosed Dr
- Lot size
- 1.50 lot acres
- Property type
- Hospitality properties
Description
This exceptional opportunity presents the chance to acquire an established, award-winning restaurant in Conway, Arkansas. The property includes two buildings totaling 2,934 square feet situated on a 1.5-acre lot. The restaurant boasts a well-established name, proven recipes, and a transferable liquor license. A significant amount of furniture, fixtures, and equipment, valued at approximately $70,000, are included in the sale. The business has been operating successfully for nearly a decade, generating a strong net operating income (NOI) of $246,974. The buildings underwent renovations in 2006. The asking price for this turnkey operation is $1,300,000. Current owners are open to a negotiated period of assistance to ensure a smooth transition. Detailed financial information and an offering memorandum are available upon request and execution of a non-disclosure agreement. This is a rare opportunity to own a thriving restaurant business with significant assets and established clientele in a desirable location. The property is located at 0000 Undisclosed Drive, Conway, AR 72032, in Faulkner County.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Conway
- County
- Faulkner
- State
- Arkansas
- Longitude
- -92.3616
- Latitude
- 35.082
