Upscale Restaurant Just Listed

| Asking Price: | $170,000 | Inventory: | |
| Gross Revenue: | Not Disclosed | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
This is an upscale restaurant with seating for 65 on the inside and an additional 30 on the patio. They are open 6 days a week, closed on Sunday. Hours of operation are 5pm to 1am. The restaurant features contemporary cuisine with globally inspired dishes and worldly influences.
About the Business
Year Established:2006
Employees:4 full time - 17 part time
Facilities:The restaurant is a free standing building that has 2,700 square feet and has seating on the inside for 65 people, and an additional 30 on the patio. The lease is good thru July 31, 2012, There is one five year option. The current rent is $4500/month and requires a $3500 security deposit.
Market Outlook and Competition:The Medina County area is continuing to grow and shows great potential for growth.
About the Sale
Management Training and Support:The seller will stay with the buyer for a period of one month to assure a smooth transition.
Reason For Selling:Family Obligations.
Seller Financing:Seller wants 50% down and will finance the balance over 60 months at 8% interest.
KEYWORDS: restaurant, upscale, continental cuisine, contemporary cuisine, worldly spices and seasonings, herbs, chef,fine dining, reservations
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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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