Award-Winning Fine Dining Restaurant
Location: North Carolina > Orange County > Triangle Area
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $325,000
Gross Revenue: $613,000
Cash Flow: $100,000
Inventory: $1,200 (Included in Asking Price)
FF&E: $70,000 (Included in Asking Price)
Business Summary
From its inception, this restaurant established itself as a rare treat. Just as a gourmet meal accompanied by a fine wine is to be savored rather than devoured, this little touch of the continent offers not just a feast but a dining experience. It boasts numerous fine dining awards. But a greater testament to its unique quality is voiced by its loyal clientele. Conveniently located, upon stepping inside the ambience welcomes you while transporting you to a time of gentility and sophistication.
Because they are relocating, the owners have reduced their asking price dramatically. The price just covers their equipment and upfit.
Because they are relocating, the owners have reduced their asking price dramatically. The price just covers their equipment and upfit.
About the Business
Year Established: 2006
Employees: 9 full time -
Facilities: The restaurant occupies a space of 2291 square feet with access to additional outdoor area. Total rent/cam is $53,000 annually. There are 5 years remaining on the lease, with an option to renew for an additional seven years.
Market Outlook and Competition: The present owner has chosen to neither maximize the number of tables nor influence the ambience by expanding the bar. Also, the outside area can be utilized to increase capacity. With minimal changes, substantially more customers could be served
About the Sale
Management Training and Support: Present owners are willing to train or perhaps even work longer term with buyers.
Reason For Selling: Relocating.
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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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