Business Summary:
This 138 seat restaurant, plus Bar has been operated by the Seller for over 15 years and is very well established. Located in a University town with established clientele and is situated in a historical, restored business district. Restaurant is surrounded by Antique Shops, Art Galleries, Boutiques and Gift Shops. This area draws customers continually, 7 days per week, year 'round. Football and basketball week-ends create huge crowds and huge sales. Current Sales are $1,000,000 plus, yet owner is only open 42 hours per week. Monday – Wednesday: Dinner only - from 5:00 PM until 10:00 PM (Total 15 hours per week). Thursday – Saturday: Lunch 11:00 AM ‘til 3:00 PM and Dinner 5:00 PM ‘til 10:00 PM (Total 27 hours per week). Sunday: Closed
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| Year
Business was Established: 1975 |
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| Number of Employees:
10-12 |
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| Facilities / Terms of Lease:
The area offers an abundant labor pool of students from the local University Graduate School. There s “GREAT” parking with large parking lot and beautifully landscaped on-street parking as well. The Kitchen is a modern, spotlessly clean facility with large stainless steel exhaust hood, fire suppression system, range, fryers, grills, convection ovens, refrigerated “make-tables”, walk-in cooler, walk-in freezer, reach-in coolers, Stainless work-tables, many sinks and much, much more. |
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| Potential
Growth/Expansion:
New Owner could easily open for Breakfast, Lunch and Dinner; 7 days per week and increase sales dramatically. |
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| Competition:
This popular restaurant is located in a brick building which was built in 1904. The building has been completely renovated and is in pristine condition. LOTS OF CHARACTER AND CHARM . . . with exposed brick and some plaster over brick interior walls. The dining tables are all hand-made from vintage oak and cherry hardwoods, reclaimed from old buildings, then re-milled and hand fashioned into these spectacular tables of varying sizes. The Bar is hand fashioned from beautiful Cherry Wood. The Back Bar is Cherry wood case work, complete with an old white marble slab top. The walls are tastefully decorated with period décor items and, all in all, it’s the kind of warm, charming and comfortable place in which you want to dine with good friends and family as often as possible. Great Wine inventory, Great Furniture, Fixture and Equipment package, Great sales, Great reputation, Great Clientele and, best of all, it is located in a wonderful old southern country setting, just off a major river (200 Yards away), and is the center of a cultural oasis in the middle of a thriving, modern Southern city, providing outstanding schools, shopping, health care and business community. THIS RESTAURANT HAS AN OUTSTANDING REPUTATION, DEVOTED CLIENTELE AND LOCATED IN GREAT FACILITY CONSISTING OF APPROXIMATELY 5,500 SQ. FEET AND THE RENT IS ONLY $2,500.00 PER MONTH. A MUST SEE FOR A Serious Restaurant and Bar operator. Perfect for a Owner/Chef. |
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| Owner
willing to train:
Yes |
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| Reason for selling:
OWNER TIRED and wishes to travel. |
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Seller Reference Number: 120307G
BusinessMart.com Listing Number: 30726 |
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