Profitable Restaurant on the Plaza - Owner Retiring

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Amazing Opportunity - Take Advantage - Established - OR Create Your Own Creation
Asking Price:
$298,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$116,000
included in asking price

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Business Description

Greenleaf Restaurant has been an Ashland favorite since 1985 and proudly offers a diverse menu of fresh & flavorful selections for the whole family all at affordable prices. Touted in Conde Nast Traveler & consistently listed in Best of Ashland, Greenleaf provides an upbeat, fun casual dining experience. After a very SUCCESSFUL 34 years, the owner has decided to retire. Buyers will find solid P&L's, extremely low rent that could add hundred of thousands of dollars in savings compared to current market rent rates for similar properties on the Plaza, lease expires in 2030, outdoor seating on the creek, additional seating upstairs, and very well run business. Serious inquiries only. This one will go quick. This business serves tourist and locals alike with a large repeat clientele, some of whom have been customers for over 30 years. Conveniently located within steps from Lithia Park and Theaters. Buy a proven business or bring your own culinary inspirations.

About the Business

Location:
Ashland, Oregon
Year Established:
1985
Home Based:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,200
Rent:
$2,600.00 Per Month
Lease Expiration:
3/31/2030
Facilities:
View Here: https://my.matterport.com/show/?m=duZFiD1hd7h

CURRENT FUNITURE, FIXTURES & EQUIPTMENT INVENTORY MAY 2019
*MOST PRICES ARE ESTIMATES AT ½ REPLACEMENT COST - LESS FOR OLDER ITEMS – BUYER IS RESPONSIBLE FOR VERIFYING ALL VALUES OF EQUIPMENT AND IMPROVEMENTS.
KITCHEN REFRIGERATION:
TURBO AIR PIZZA PREP TABLE / 2017---$2.5k
TURBO AIR SANDWICH PREP UNIT / 2014---$2k
TRUE UNDER COUNTER 1 DOOR FREEZER ---$1k
TRUE UNDER COUNTER 2 DRAWER FREEZER---$1k
STEP IN 4’ X 6’---$3.5k
TOTAL KITCHEN REFRIGERATION $…………..$10K

DELI REFRIGERATION:
DELI FREEZER UNDER COUNTER---
TRUE UNDER COUNTER 48” FRIDGE / 2008---$2k
HOWARD/MCCRAY 8’ DELI CASE---$3k
REFRIGERATED GLASS 6’ DESSERT CASE---$1.5k
TRUE TSSU 72” SANDWICH UNIT / 2017---$2.5k
TOTAL DELI REFRIGERATION $.......................$9K

OTHER REFRIGERATION:
TRUE 1 DOOR FREEZER /2007---$2k
MCQUAY WALK-IN 7’ X 15’---$5k
DELFIELD SERVER 48” BEVERAGE FRIDGE---$2k
BASEMENT STORAGE FREEZER / 2012---$1k
MANITOWOC ICE MACHINE---$2k
KEGCO COMMERCIAL KEGERATOR (3 TAPS) / 2018---$1k
TOTAL OTHER REFRIGERATION $........... $13K



DINERWARE POS SYSTEM:
APC BATTERY BACK UPS X 4---$3k
TERMINALS X 3---$5k
PRINTERS X 6---$3k
HARD DRIVE - $2K
TOTAL POINT OF SALE$...........................$13K

COOKING EQUIPTMENT:
VULCAN CHARBROILER---$1k
WOLF/VULCAN COMMANDER 6 BURNER RANGE 36”---$3k
PITCO FRYER / 2013---$1k
FOOD WARMER x 2---$1k
CHAR GRILL 24”---$1k
VULCAN GRIDDLE 36”---$3k
SALAMANDER/BROILER---$2K
STEAM TABLE ---$1k
TOTAL COOKING EQUIPTMENT$.............$13K

MISC. EQUIPTMENT
FETCO COFFEE BREWING SYSTEM/2015---$1k
RANCILIO ESPRESSO COFFEE GRINDER---$1k
2 HANDLE ESPRESSO MACHINE---$2.5k
SENTROL SECURITY SYSTEM -$2K
Q-SEE VIDEO CAMERA SYSTEM/WEB BASED --$2K
PHILLIPS HEARTSTART DEFIBRILLATOR -$1K
UNIVEX SLICER / 2017 - $1K
WARING COMMERCIAL TOASTERS X 4 - $1K
VITAMIX BLENDING STATION / 2015 -$1K
ROBOT COUPE R402 FOOD PROCESSOR -$1K
HOLMAN CONVEYOR TOASTER / 2016 -$1K
CO
Website:
greenleafrestaurant.com/
Market Outlook/
Competition:
Rare outdoor seating on the creek. Lease is less than 1/2 of some of the market rents on the same street.
Growth & Expansion:
Utilized what has worked for 30 years or bring in your own style; lease, location, equipment, fixtures and furniture at this price won't last long.
Contact the Seller

About the Sale

Reason For Selling:
Retiring
Training/Support:
Yes. Buyer to advise.

Listing Info

ID:
1646924
Ad Detail Views:
0

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  Furniture, Fixtures, Equipment (37 KB)
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Business Listed by

Eric Herron

Full Circle Real Estate
License# 201218616

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