Business Summary:
In 1978, the owners built the restaurant in a small log building developing a very successful business in a now growing area. They have added on to the original building several times (now 5,600 sq. ft.) and evolved the menu to satisfy the changing tastes of their loyal customers. A liquor license was purchased in 1989 enabling them to develop the festive lounge aspect of the business. Specials are offered various nights of the week as well as birthday parties and free taxi service. Catering on and off the premises is available with special menu planning options for cost savings. In addition to the business, the building and real estate may be available for sale.
The career employees are one of the strengths of the business. There are two full time and ten part time employees including the owner. The chef has been stirring up famous dishes since the business opened in 1978. Other employees have 10 to 17 years with the company and the “newest” employees have seven years of service.
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| Facilities / Terms of Lease:
The restaurant is located in one of Idaho’s major tourist destinations and is visible from the major north/south highway. Rent and tenancy is negotiable with current rates under $2,950/month for the 5,600 sq. ft. facility. The real estate can be purchased separately.
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| Potential
Growth/Expansion:
The ideal buyer could be an individual, a partnership, national chain operation or a family seeking to enjoy an excellent outdoor four season environment in a beautiful mountain resort area.
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| Competition:
This is a turnkey operation which includes all furniture, fixtures and equipment plus a start-up inventory. The owners will lease the liquor license for three years at $750/month with an option to purchase at any time during the agreement. Transition training and support as well as all intellectual properties are included in the purchase price.
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| Owner
willing to finance:
Owner will consider financing a portion |
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| Reason for selling:
Retirement. |
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Seller Reference Number: KM4111
BusinessMart.com Listing Number: 100750 |
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