The restaurant is approximately 7,300 square feet, custom built for high capacity, open interior and high ceilings with an upscale yet comfortable atmosphere and a nice patio area. The fresh, local farm-to-table concept is highly acclaimed with most dishes made from scratch. The menu has a distinct Idaho flare along with creative pub fare offerings. Patrons enjoy a full liquor bar, ample wine selection and approximately 30 local craft beers on tap offering popular happy hour and delicious daily specials.
About the Business
This highly visible freestanding building has excellent access and ample parking. There is a large production kitchen and two banquet/private party rooms. The space has a total seating capacity of over 300 and leases for approximately 6% of gross sales. This area has multiple popular destination venues and is in a thriving corridor of breweries and wineries. The Liquor License is available for lease.
The strengths include a popular concept and highly visible location. A large well-equipped kitchen and custom layout enables staff to produce quality offerings and provide excellent customer service. The unique menus differentiates the restaurant from others creating a strong following of patrons interested in locally sourced food, coupled with creative micro-beer and wine pairings.
Growth & Expansion:
An ideal buyer would be an experienced independent restaurateur or a similar concept looking for an easy expansion opportunity. Regional/national chains may be interested in a proven, strategic location with well appointed facilities.
A new Owner could integrate other offerings or diversify the menu. The concept could also be changed to another format based upon a new Owner’s vision.
Asking Price: $350,000 Gross Revenue: $1,154,151Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: $268,339 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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