Small Bistro Perfect for a Chef

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Great Outdoor Patio
Asking Price:
$120,000

Gross Revenue:
$600,000
Cash Flow:
$75,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$250,000
included in asking price

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Business Description

If you are a chef looking for a gorgeous modern bistro to display your talents look no further. This 55 seat bistro has a modern motif that compliments this small manageable restaurant. Very low overhead. The seasonal patio with an outdoor bar also seats over 50 people and is great for private parties. Presently an American restaurant but any concept will work here! Owner spent over $250K a few years ago to build out this popular upscale restaurant and bar. For Confidential Information PLEASE FILL OUT A NON DISCLOSURE AGREEMENT ON LINE BY GOING TO abc4restaurants.com.

About the Business

Real Estate:
Leased
Building Sq. Ft.:
2,500
Lease Rate/Sq. Ft./Mo.:
$2,000.00
Facilities:
Well maintained 2500 sf inside and patio that seats 50 plus. Located on a busy downtown street near a major highway and national retailers. All energy efficient lights and equipment create a utility bill averaging $1100 a month for gas,electric and water! Rent is $2000 per month including real estate tax and insurance. Private Parking lot and street parking.
Growth & Expansion:
This restaurant is open limited hours (5 nights). Opening for lunch and catering could build sales.
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About the Sale

Reason For Selling:
Owner has other business interests he wants to pursue
Seller Financing:
50%

Listing Info

ID:
1489515
Ad Detail Views:
468

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$
months
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Business Listed by

Joe Granato

ABC4Restaurants /ABC4Commercial (Investment Properties)

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