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Wine Bar & Restaurant
| Asking Price: | $215,000 | Inventory: | $15,000 ** |
| Gross Revenue: | $400,187 (comments below) | Real Estate: | $399,000 ** |
| Cash Flow: | $90,180 (comments below) | FF&E: | $65,281 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 P&L | |||
| Cash Flow Comments: Adjusted 2008 P&L | |||
The three year old Alloro Wine Bar & Restaurant located in 'Old Town" Bandon, on the Oregon Coast, is for Sale. Excellent opportunity to continue on with this modern Italian enoteca. Profitable restaurant with an impeccable reputation. Fully equipped kitchen, custom wine bar and fine interior finishes make this a turn key operation. Financials available upon signature of a confidentiality agreement. There is a web site for the restaurant at allorowinebar.com.
About the Business
Year Established:2006
Employees:9 full time - 4 part time
Facilities:All equipment and fixtures to operate are included in the sales price. 1500 sq. ft. leased at $1,400 per month. The existing lease expires 12/31/2010 with two five year options. The facilities are in excellent condition. The building is also for sale. The Asking price is $499,000. It has a bay view apartment upstairs
Market Outlook and Competition:This business is located in a prime location
About the Sale
Management Training and Support:Sellers are willing to work for new owners for up to 1 year in order to ensure a smooth transition
Reason For Selling:Looking for a new adventure
Seller Financing:Seller will carry with $100,000 minimum down. Balance of terms to be negotiated
KEYWORDS: Restaurant,Wine,Food,Bar,Oregon,Coast,Italian
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State: Oregon
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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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