For Sale
$650,000

Downtown Little Rock, AR 72201

High-Profit Restaurant, Turnkey Operation

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This thriving downtown Little Rock restaurant and bar boasts 4,000 square feet of space and is offered at $650,000. Generating a strong net operating income (NOI) of $120,000, this business presents an exceptional 18.46% capitalization rate. The current owner has recently invested over $250,000 in fixtures, furniture, and equipment (FFE) upgrades, ensuring a modern and well-maintained establishment. Financial performance is robust, with monthly revenue consistently reaching $10,000-$12,000 and demonstrating impressive 5% quarter-over-quarter growth. The diverse revenue streams contribute to consistent profitability, even during slower periods. The business benefits from a loyal customer base built over time. Located in the heart of Little Rock's vibrant downtown area, this turnkey operation offers a significant opportunity for a new owner. While the real estate is currently under a long-term lease, purchase options are available. This is a confidential listing

Highlights

  • 4,000 SF restaurant and bar in Little Rock's downtown for $650,000.
  • Strong NOI of $120,000, yielding an 18.46% cap rate.
  • $250,000+ recently invested in FF&E upgrades.
  • Monthly revenue of $10,000-$12,000 with 5% QoQ growth.

Property Details for 0 Downtown

Property type
Commercial real estate
Square Feet
4,000 SF
Units
1

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.7499657
Longitude
-92.2852014

FAQs

What type of property is this?
Commercial real estate - High-Profit Restaurant, Turnkey Operation
Where is the commercial real estate located?
The property is located at Downtown Little Rock, AR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 4,000 SF restaurant and bar in Little Rock's downtown for $650,000.; Strong NOI of $120,000, yielding an 18.46% cap rate.; $250,000+ recently invested in FF&E upgrades.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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0 Downtown
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