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Businesses For Sale > Business For Sale in Idaho (ID)
Popular Downtown Ketchum Restaurant for sale in ID
Idaho (ID)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 85,000 |
$ 381,800 |
$ 45,000 |
Furniture and Fixtures Value:
$ 102,150 (included in the asking price)
Inventory Value:
$ 8,400 (included in the asking price)
Business Summary:
Desiring to phase into retirement, the highly successful chef to this popular downtown Ketchum restaurant seeks to transition a replacement owner for this unique restaurant. Forty indoor seats with twice that number outside maximize the utility of this modest rent friendly business ($2,300/month for approximate 1,260 sq. ft. interior space).
Featuring revolving California/Mediterranean style food with emphasis on all fresh ingredients, the restaurant’s friendly environment typically accommodates two nightly sittings with an average meal/wine check at $50 a person.
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| Facilities / Terms of Lease:
Located a few paces off the main Sun Valley Road in the heart of Ketchum, the property has a prime view of Baldy and ample parking. The compact operation allows for minimal staff of the owner/chef, manager, an assistant, five part-time wait staff and three prep busser/dishwashers. During the peak summer hours, a hostess assists with reservations and wine sales for waiting customers. Opened only for winter dinners, the restaurant has recently experimented with peak season lunches. There are three more years remaining on the lease at favorable lease rates. |
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| Potential
Growth/Expansion:
Popular enough with locals to survive the slower “slack” seasons, this ten year established restaurant site should expand into catering and upscale take away gourmet food. Ideal for a new chef or community oriented gourmet fan seeking to learn the fine restaurant business from an accomplished professional chef. |
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Seller Reference Number: DN3915
BusinessMart.com Listing Number: 67644 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Arthur J. Berry, Broker
Arthur Berry & Company
208-336-8000
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