Business Summary:
You must see this location to appreciate the quality construction and beauty of the building, now consider that as a startup business it has sales of nearly $1.3 million in the first year! A roomy, well decorated bar area is the anchor for the daily restaurant business but also works as a stand-alone bar after the dining room has closed for the evening by offering a popular late night menu. Sales numbers include the up and coming special event bookings that are increasing as the location becomes known for quality food and service. This business has gone into receivership, and must sell. Price reduced.
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| Year
Business was Established: 2008 |
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| Number of Employees:
7ft/23pt |
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| Facilities / Terms of Lease:
10,000 sq ft building built in 2006, renovated/redecorated in 2008 included in the sales price. |
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| Potential
Growth/Expansion:
The most important and most lucrative portion of the business is the special events/banquet aspect. The current web site and internet marketing program are proving to be quite successful in attracting clients. Persistence and time/saturation of the market are already showing dividends and will continue into the future. |
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| Competition:
Quality dining in the dining room for lunch, dinner and Brunch on Sundays and the banquet/special events portion of the business offers the only affordable site that can accommodate such events in the area. |
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| Owner
willing to finance:
The bank will consider financing to a strong buyer |
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| Owner
willing to train:
As needed |
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| Reason for selling:
Business in receivership |
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Seller Reference Number: 4181-338
BusinessMart.com Listing Number: 64119 |
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on this business
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