Listing Number: 80521-174385
Description
Discover an exceptional opportunity to own a renowned dining establishment located in a highly sought-after downtown area. This innovative restaurant has quickly become a culinary destination, offering a unique blend of small plates and larger entrees that attract food enthusiasts and loyal customers.
The restaurant's elegant décor and well-maintained two-story facility, strategically situated near a popular shopping and dining hotspot, draw significant foot traffic, enhancing its appeal.
Currently open only for dinner, expanding service to include lunch and breakfast/brunch could substantially increase revenue. Additionally, the prime location and attractive ambiance make it ideal for hosting special events, private parties, and corporate gatherings, offering further revenue streams.
The business operates with a highly skilled management team, including a General Manager and Kitchen Manager who have been with the establishment since its inception. Their experience ensures smooth operations and consistent customer satisfaction, making this a turn-key opportunity for a new owner. With 25 full-time employees and absentee ownership, the restaurant is poised for growth.
Included in the sale are the chef's proprietary recipes, $60,000 worth of furniture, fixtures, and equipment, $15,000 worth of inventory, and $540,000 in leasehold improvements. The established reputation, strategic location, and dedicated staff present a promising venture for continued success. This business offers significant growth potential and a prime opportunity to leverage its established presence and strategic location for further development. Contact us to learn more about this exciting investment opportunity.
Listing Details
- Price: $889,000
- Down Payment: --
- Sellers Discretionary Earnings: $322,738
- Total Sales: $1,730,714
- Location: Withdrawn, Georgia
- Inventory: $15,000
- FF&E: $60,000
- Employees: 25
- Year Established: 2020
- Reason for Selling: Pursuing Other Business Ventures
- Category: Restaurants,Liquor Related Biz
