Alexander’s on the Lake is an established location with long time staff members and a strong, loyal set of customers.   Situated on the edge of the water, Alexander’s has seen sales nearly double since opening late in 2017.   Sales have stabilized around $800-820,000 per year with an operating profit between $150,000 and $180,000, and an SDE of $210-$240,000.  That means an owner/operator can walk in and start making over 200K a year from day 1! Sales are roughly a 70/30 food and alcohol mix with the food style being American/pub food. Restaurant Notes: ~ Average employee tenure approaching 3 years ~ Nearly every process is documented on a website, ready for a new owner or manager to take over ~ Food and cocktail menus have written recipes, and are costed out ~ Currently purchasing food from US Foods, with a negotiated 3% rebate on all purchases ~ Negotiated deal where total credit card fees of less than 2%, well below national average ~ Online ordering set up and integrated through POS (Toast) Alexander’s also has a very strong social media presence ~ Facebook page with 4.5K followers ~ Over 1K email addresses ~ 719 google reviews with an average of 4.4 stars Sellers will help new owners take over and transition. Sale is turnkey including all FFE and liquor license.