Northwest Cuisine Bistro For Sale

Business description

This is a cozy bistro style restaurant that boast a fine dining experience. Great location within 5 minutes of I-5, on main thorough fare through community within an upscale residential area and within a commercial office / retail complex. They offer a comprehensive menu including daily specials, fresh salads, sandwiches, pasta, quiche, seafood, steaks, pork, homemade soups, dessert, espresso, and an impressive but reasonable priced wine list. Well trained staff. Ideal business opportunity for a couple willing to work full time; beer and wine currently served from service bar, possibility of expanding with class H license.

Property information

Real Estate:

Lease

Lease terms:

$2,677 per month

Leasehold rent:

$18 per sq ft per annum

Location:

This is located on a main thorough fare within in a mile of the community center and affluent residential communities

Premises details:

This is located in an upscale retail business and office complex with ample off street parking, excellent signage,
beer and wine service bar, banquet seating, outdoor seasonal seating.

Size in square feet:

1,762

Other information

Expansion potential:

The new owner would do well to enhance advertising as advertising is primarily by word of mouth currently. Also option to add breakfast menu and services to community.

Competition / Market:

There are numerous eateries in the community though, there are no other bistros that offer both lunch and dinner with such a comprehensive menu.

Support & training:

Seller willing to assist in transition with training for a limited period of time from date of closing at no additional cost of buyer

Reasons for selling:

To devote more time to family

Trading hours:

11 AM - 9 PM

Financing available:

85K down; balance payable at 1,362 per month at 6.5% annual interest until paid in full for a qualified buyer

Furniture / Fixtures value:

$65,000 (included in the asking price)

Inventory / Stock value:

$6,000