For Sale
$650,000

0 DowntownLittle Rock, AR 72201

High-Profit Restaurant, Turnkey Operation

Overview

Added:
Dec 11, 2024
Days on market:
117
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
Square Feet
4,000 SF
Units
1

Location Insight

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

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0 Downtown
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