Business Summary:
Vibrant concept with original, yet accessible menu, excellent location and reputation. Smart, efficient, Chef-designed kitchen capable of high volume and highest standards. Crisp, clean, upscale floor plan / decor easily converted into any concept. Superior build-out, very well maintained. Park / Lakeside location in new commercial / residential condominium complex with outstanding Lake views at every table. Seats 80+ with 20 more on seasonal balcony / patio. Chef-driven operation with only 5 days / week, sales up 8% in 2009, stable in 2010 despite main bridge reconstruction/roadwork all summer into autumn. Full-liquor license. Brand-new $10K, Make-up air unit, 2010.
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| Year
Business was Established: 1996 |
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| Number of Employees:
12 |
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| Facilities / Terms of Lease:
3,500sq ft
Lease: $3675/mo + CAM and taxes.
5 year, plus 5 year option. Also available: option to purchase the space (Landlord will negotiate either with new tenant. |
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| Potential
Growth/Expansion:
Restaurant is situated on $3,000,000 newly constructed (2004) lakeside development with parks and boating dock which also provides parking lot for restaurant – fully maintained year-round by city (no extra property taxes or snow removal!) New owner(s) opportunities include: expand hours, serve breakfast and brunch, 7-days / week, delivery, etc.
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| Competition:
Very strong location with only restaurant space of its kind at center of fast developing community. Considered by most to be “best restaurant in the area,” yet fully adaptable to new concept. |
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| Owner
willing to finance:
Seller financing |
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| Owner
willing to train:
30 days for new owners |
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| Reason for selling:
Health issues |
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Seller Reference Number: 654827
BusinessMart.com Listing Number: 114122 |
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