MergerPlace

Established Iconic Turn-key

Idaho


  • Asking Price: $450,000
  • Gross Income: $1,368,701
  • Cash Flow: $147,868
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $390,153
  • Listing ID: #222483
  • Established: 2003
  • Employees: 3 FT / 22 PT

Business Description

Locally owned and operated restaurant that has established itself as a leading fine-dining restaurant in this affluent mountain community. It has a reputation for using the freshest locally produced ingredients and is supportive of sustainable practices. It sources farm-to-table organic meats and produce and is considered a leader in organic cuisine. Extensive wine collection included in this incredible turnkey opportunity. This restaurant is regularly voted as best restaurant in the area. Liquor license is included in the rental of the building.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Idaho

Company Information

Year Established: 2003
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT / 22 PT

Financial Information

Asking Price: $450,000
Gross Revenue: $1,368,701
Cash Flow: $147,868
FF&E: $390,153
Seller Financing Available: No

Property Information

Facilities:

Built to suit standalone building. Creates a great vibe and ambiance for fine dining in the full service restaurant. Outdoor space allows for summer eating. A fantastic space with good visibility from Main Street. The building is available for purchase. Liquor license is included in the rent and is available for purchase with the building.

Growth & expansion opportunities:

In the past both lunches and breakfasts have been served and have proved popular. Opportunity to rekindle those offerings during peak periods. Further development of the mixed drinks menu could increase high margin revenue.

Competition:

Seasonal nature of the tourist area creates slow periods. Despite the many restaurants in the area, reservations are required if for dining in the summer and winter months due the reputation of this restaurant.

Reason for selling:

Owners are retiring.

Support & Training:

Will train for 2 weeks @ no cost Background in the restaurant industry essential.

Contact Business Seller

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Business Listed By:

Neil Bradshaw

Murphy Business Brokers