Established Downtown Eatery with Prime Location
Business Description
Situated in a recently revitalized downtown corridor, this full-service dining establishment has become a local favorite. The restaurant operates out of a prominent 5,500-square-foot space with modern renovations, excellent street presence, and steady midday customer flow. With few similar offerings nearby, it enjoys a unique position in the market.
Annual earnings total approximately $1.3 million, with food items accounting for 65% of income and alcoholic beverages making up the remaining 35%. Most business comes from in-house dining (70%), while pickup and online sales represent 10%. A reliable stream of catering orders and corporate gatherings generates the final 20%, supported by consistent demand from surrounding office buildings and long-time customers.
The workforce includes about 22 employees, 15 of whom are full-time. Operations are supported by a capable front-line team and experienced shift supervisors. The owner is involved part-time—typically 25 to 35 hours weekly—in a general management capacity, and the business could transition smoothly to someone seeking a semi-absentee opportunity.
The restaurant has shown consistent upward momentum since its inception. With fixed costs remaining very low—just 2% of total revenue—the business maintains strong profitability. A promising growth path lies in expanding off-site catering and event services, which could drive a notable increase in sales without requiring major new investment.
The current operator plans to relocate to Florida for personal reasons and is offering up to 12 weeks of transition assistance, including operational training and introductions, to help ensure continued success under new ownership.
Annual earnings total approximately $1.3 million, with food items accounting for 65% of income and alcoholic beverages making up the remaining 35%. Most business comes from in-house dining (70%), while pickup and online sales represent 10%. A reliable stream of catering orders and corporate gatherings generates the final 20%, supported by consistent demand from surrounding office buildings and long-time customers.
The workforce includes about 22 employees, 15 of whom are full-time. Operations are supported by a capable front-line team and experienced shift supervisors. The owner is involved part-time—typically 25 to 35 hours weekly—in a general management capacity, and the business could transition smoothly to someone seeking a semi-absentee opportunity.
The restaurant has shown consistent upward momentum since its inception. With fixed costs remaining very low—just 2% of total revenue—the business maintains strong profitability. A promising growth path lies in expanding off-site catering and event services, which could drive a notable increase in sales without requiring major new investment.
The current operator plans to relocate to Florida for personal reasons and is offering up to 12 weeks of transition assistance, including operational training and introductions, to help ensure continued success under new ownership.
About the Business
- Employees
- 23 (15 Full-time, 8 Part-time)
Real Estate
- Owned or Leased
- Leased
Listing Info
- ID
- 2408646
- Listing Views
- 182
Listing ID: 2408646 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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