This gem of an eatery, nestled in a picturesque downtown and surrounded by a busy shopping district, is a renowned hangout for lunch and dinner. Known for its unique menu and cozy vibe, it sees regular queues of eager patrons. The owner’s involvement is roughly 8 hours per week, highlighting the effectiveness of a strong management team in place. With a loyal customer base, significant growth potential, and an opportunity to step into a well-established business, this offering is not to be missed. Please inquire for further details and be prepared to sign an NDA.
- Asking Price:
- $650,000
- Sales Revenue:
- $2,500,000
- Cash Flow:
- $240,000
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Located in a bustling shopping and commerce area, this eatery offers both indoor and outdoor seating, making it a popular spot among locals and tourists. The space is well-equipped, with modern furnishings and ample parking, and benefits from favorable lease terms.
Business Operation
- Expansion Potential:
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Potential for expansion exists within the current premises, with the landlord previously expressing openness to this. Enhancing the menu, boosting the online presence, and maintaining quality staff will continue to strengthen the market position. Additionally, there are numerous opportunities to expand into catering, further leveraging the eatery's reputation.
- Competition / Market:
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This thriving restaurant consistently attracts customers with its unique menu and welcoming atmosphere, often resulting in lines out the door. Situated in a high-traffic shopping district renowned for its natural beauty, it draws a diverse clientele including professionals, students, tourists, and locals. The area’s popularity among both residents and visitors alike ensures a steady influx of patrons.
- Reasons for selling:
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Looking to pursue other interests.
- Employees:
- 24
- Years established:
- 2009
Other Information
- Support & training:
-
Seller will provide comprehensive transitional support to ensure a smooth handover.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Seller is open to financing options for qualified buyers.