Beautiful/Elegant Restaurant

| Asking Price: | $250,000 | Inventory: | $4,000 ** |
| Gross Revenue: | $30,000 (comments below) | Real Estate: | $800,000 ** |
| Cash Flow: | Not Disclosed (comments below) | FF&E: | $235,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: monthly $360K Annualized | |||
| Cash Flow Comments: Only operational for 4 months | |||
Originally this 4,800 sq ft building was a grocery/ convenience store. In the spring of 2009 it was totally remodeled and turned into a beautiful and elegant Restaurant. They have been open 4 months and are doing app. $30,000 per month in sales. This is a brand new build out and all the assets and equipment are new. Owner has decided to divest his interests in the restaurant business and will sell the business only w/ option on RE. You must see this property to appreciate its value!
About the Business
Year Established:1985
Employees:1 full time - 5 part time
Facilities:Real estate is available for sale, Business only $250K
Business w/RE $1,050,000
Lease: $8,000/mo
4,800 sq ft on appx 1/2 acre
Market Outlook and Competition:Create you own bar/ restaurant in this beautiful location! Located next to a Target Super Store. This is a fantastic location to develop your on venue. Large traffic count!
Many franchises are located in the area. Just seconds off the freeway, location is easily accessible to incoming traffic. Large parking lot!
About the Sale
Management Training and Support:10 days for new owner
Reason For Selling:Divesting of business
Seller Financing:Cash, terms acceptable to seller
Attached Files - Attachment Disclaimer
KEYWORDS: Restaurant, fine dining, food, beer, wine
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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