Iconic, Fine Dining Restaurant - Extremely Well Priced

Asking Price$385,000

Cash Flow
$3,127,103
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,708,433

Inventory$15,000
Included in asking price
FF&E$338,874
Included in asking price
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Iconic, Fine Dining Restaurant - Extremely Well Priced


Asking Price$385,000

Cash Flow
$3,127,103
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,708,433

Inventory$15,000
Included in asking price
FF&E$338,874
Included in asking price
Business Description
A white tablecloth experience and an unmatched bar. The staff and kitchen bring the very best to a memorable evening. The dining experience grows with ever-changing menus. This city has great offerings for upscale dining. You will not find a finer adorned restaurant with seating for 132 in this price range. For more information contact Rick Gilmore directly 205-369-5584 or connect at rickg@sunbeltnetwork.com.
About the Business
Years in Operation
9
Facilities & Assets
Leased property with Dining district frontage and valet parking, patio dining and private event space available
Market Outlook / Competition
The restaurant and bar are immaculate, the owner spared no expense in making the restaurant and bar look and feel intimate with FFE of over $330,000 (OCN) and leasehold and décor touches totaling over $270,000. It is truly best in class.
Opportunities for Growth
The market for upscale in the metro dining district continues to thrive and grow.
Real Estate
Owned or Leased
Leased
Rent
$5,000.00 per month
About the Sale
Transition Support
The owner will provide training and transition as part of acceptance
Listing Info
ID
2417109
Listing Views
14

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Business Listed by: Don Smith Sunbelt Business Brokers

Listing ID: 2417109 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.