Turnkey Destination Restaurant & Main Street Property

Asking Price: $895,000

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Turnkey Destination Restaurant & Main Street Property


Asking Price: $895,000

Asset Sale Description
The Elephant Bistro & Bar represents a rare opportunity to acquire an established regional restaurant brand, restored Main Street commercial property, and turnkey hospitality asset in Hoxie, Kansas.

Located at 732 Main Street, The Elephant was developed as an upscale-casual, chef-driven destination restaurant serving Northwest Kansas and the surrounding region. The business built a strong reputation for fresh, whole-ingredient food, craft cocktails, espresso, hospitality, and a unique dining atmosphere unlike anything else in the local market.

This asset sale includes the real estate, FF&E, business assets, and The Elephant name/brand. The property includes a 1,920 sq. ft. restored historic building on a 2,880 sq. ft. Main Street lot, with main-level dining, bar area, partial upstairs seating, outdoor patio, commercial kitchen, bar/espresso infrastructure, furnishings, equipment, smallwares, and custom interior finishes.

The restaurant is currently closed and is being offered as a turnkey opportunity for a qualified buyer, owner-operator, chef-led team, hospitality group, or investor seeking to relaunch an established concept with significant infrastructure already in place. Historical annual revenue reached approximately $1.08 million, demonstrating the strength of the concept and regional customer demand when fully operating.

The Elephant has limited direct competition in the upscale-casual, chef-driven dining category in Northwest Kansas. The business historically attracted customers from Hoxie, surrounding communities (consistently over 2 hours in distance), and across the region for dinner, cocktails, patio dining, celebrations, and special occasions.

Growth opportunities include expanded operating hours, catering, private events, ticketed dinners, seasonal patio dining, brunch, espresso/coffee service, grab-and-go offerings, holiday meals, corporate and community events, local food partnerships, and regional destination marketing.

The current owners are pursuing new business and community development opportunities and are seeking a qualified buyer who can carry The Elephant into its next chapter.
Detailed Information
Years in Operation
8
Facilities & Assets
The sale includes a restored 1,920 sq. ft. historic Main Street restaurant building on a 2,880 sq. ft. lot, along with FF&E, business assets, and The Elephant name/brand. The property includes main-level dining, bar area, partial upstairs seating, outdoor patio, commercial kitchen, bar/espresso infrastructure, furnishings, equipment, smallwares, and custom interior finishes. The kitchen is efficiently designed for full-service restaurant operations with hood/ventilation, cooking line, prep, dishwashing, refrigeration, storage, and established service flow. The building has received substantial investment and is positioned as a turnkey hospitality asset.
About the Sale
Transition Support
Seller is willing to provide reasonable transition support and training for a qualified buyer. Support may include brand history, vendor and producer introductions, menu/concept orientation, operating insights, equipment overview, local market knowledge, and transition guidance. Additional consulting support may be negotiated separately depending on buyer needs, timeline, and desired level of involvement.
Seller Motivation
Owners are pursuing new business and community development opportunities.
Listing Info
ID
2470268
Listing Views
8
Business Location

Contact Seller

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Business Listed by: Emily Campbell

Listing ID: 2470268 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. See our full Terms of Use. Learn how to avoid scams.


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