REDUCED SALE PRICE! American Bistro for Sale

Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$600,000

InventoryNot Disclosed

FF&ENot Disclosed

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REDUCED SALE PRICE! American Bistro for Sale


Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$600,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Upscale restaurant located among affluent neighborhoods in a newly-renovated shopping center offering a number of tasty entrees on a daily basis. This restaurant was established in 1999 and serves dinner five days a week from 5:00 to 9:00 PM, Tuesday through Saturday. It has a loyal clientele that supports the restaurant. It offers alcoholic beverages during its dinner hours. License can be transferred to a "Qualified Buyer". Complete a LMT Commercial NDA and the location will be revealed along with pertinent information.
About the Business
Years in Operation
26
Employees
10
Facilities & Assets
The restaurant is turnkey, point-of-sale equipment, fixtures, bar, chairs, tables, coolers, freezers, commercial appliances and all smallware that is needed to run the establishment to full efficiency is included. Plenty of parking in the shopping center. The facility is 2,000 +/- sf.
Market Outlook / Competition
The shopping center has a number of fast-food operations, and other eateries to attract customers to the center.
This restaurant is the best option for sit-down evening dining.
Opportunities for Growth
As noted, the restaurant is opened for dinner, 20 hours a week, Tuesday through Saturday. The new owner can serve lunch, which has been in demand, cater to the businesses in the community, and offer delivery, and late night fare. A number of ways to grow and expand the business.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
Rent
$4,684.00 per month
About the Sale
Seller Motivation
Seller wishes to explore other ventures.
Transition Support
The seller will offer training before settlement and will remain at least two weeks after settlement in order to achieve a smooth transition.
Listing Info
ID
2020850
Listing Views
2170
Attached DocumentsAttachment Disclaimer

NDA 2022.doc

Business Location

Contact Seller

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Business Listed by: Joseph Latina LMT Commercial Realty, LLC

Listing ID: 2020850 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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