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Bistro 44 Restaurant for sale in Sun Valley, ID

Sun Valley, Idaho (ID)

Asking Price: Gross: Cash Flow:
$ 625,000 $ 700,000 $ 100,000

Furniture and Fixtures Value:
$ 200,000 (included in the asking price)

Inventory Value:
$ 25,000 (included in the asking price)

Business Summary:
Bistro 44 is the finest French restaurant in world-famous Sun Valley, Idaho. Its clientele are discerning diners from local residents to the rich and famous from around the globe. Bistro 44 offers seating for dinner Monday through Saturday from 6:00 to 9:30 and lunch on Wednesdays only. The dinner menu highlights appetizers such as Escargots Bourguignonne, Belgian Endive Salad, and Terrine of Eggplant, and entrees such as Braised Rabbit au Jus, Bouillabaisse, and Filet Mignon, all served with elegant unique sauces. The wine selection is unmatched in the area. The average ticket per person for dinner is $65. In the spring of 2009 the facility went through an extensive remodel and expansion with updates to electrical, plumbing and HVAC systems, a new roof, water heaters, grease traps, and audio system. A complete wine bar with 44 new seats and second full kitchen was added to accommodate new evening business. Equipment in the original kitchen is only seven years old and exceptionally well maintained. All equipment in the wine bar is new. Furniture, fixtures, flooring and decoration throughout are high quality. Seating capacity is 45 in the upstairs main dining area, 44 in the wine bar, and 14 downstairs in an exclusive private dining room. Warm weather months allow for another 110 seats outside on two patios. Bistro 44 is in a prime location near all accommodations and the Sun Valley Resort. In addition to the business opportunity, the Seller is offering the 4000 ft2 facility for lease at $4500 per month NNN for ten years, plus a five-year option, with no increase in the base rent over the initial term. This is an exceptionally attractive rate for the area. View photos at http://picasaweb.google.com/Bistro44Ketchum/Bistro44?feat=email#

 

   
Year Business was Established: 2002
   
Number of Employees: Owner + 20  
   
Facilities / Terms of Lease: 4000 square foot remodeled house with 4 dedicated parking spaces. Ample street parking is sufficient for all patrons. Monthly rent will be $4500 NNN, 10-year lease with no rent adjustments.  
   
Potential Growth/Expansion: New business can be found by extending evening hours of operation, serving a Sunday brunch, and opening for lunch more than just Wednesdays. The addition of a liquor license will increase the evening bar business. All patrons find Bistro 44 via word-of-mouth; the owner does no advertising. A targeted advertising campaign should increase both dine-in and catering.  
   
Competition: Normal competition although there is no peer to the physical and culinary quality of Bistro 44.  
   
Owner willing to train: Yes  
   
Reason for selling: Owner will concentrate on his separate sauce and pastry businesses.  
   
Seller Reference Number: bm968035023
BusinessMart.com Listing Number: 74926
 

 

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For more info contact:

William J. Laska

Laska Company
208-331-1116

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