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Large Standalone Restaurant Property for sale in Boise, ID

Boise, Idaho (ID)

Asking Price: Gross: Cash Flow:
$ 450,000 $ 1,202,895 $ 220,571

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

Inventory Value:
$ 5,000 (included in the asking price)

Business Summary:
This is a unique opportunity to purchase a 6,000 square foot, standalone restaurant in Boise, Idaho. The current concept was established in 1985 and the location is well known to customers throughout the Treasure Valley. There is a separate bar area for private events, along with a private dining room for larger groups. The seller owns the building and will negotiate a NNN lease rate with the new owner. In addition, there is a liquor license available for lease at $3,500 per month.

 

   
Facilities / Terms of Lease: The location is centrally located in an area with many other restaurants and shops. It is easily accessible with paid parking from anywhere in the Treasure Valley. It is also in an area with several other activities taking place throughout the year.  
   
Potential Growth/Expansion: This is ideal for someone who wants to develop a high volume franchise/restaurant concept or to develop an entertainment destination. THE POSSIBILITIES There are endless possibilities to capitalize on this superior location for a restaurant or other venue that is conducive with other activities provided in this part of Boise.  
   
Competition: This restaurant has an established track record for strong sales and profitability. The location is ideal for a new owner to bring a new concept that could build even stronger sales. The space is a “blank canvas” with an open concept that can be transformed into many optional themes. It is also in a location that attracts a wide variety of potential customers.  
   
Reason for selling: The current owner has been in the restaurant business for several decades and is ready to provide a buyer with a great opportunity to turn this location into a new concept.  
   
Seller Reference Number: HG5106
BusinessMart.com Listing Number: 283198
 

 

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For more info contact:

Arthur Berry and Company

Arthur Berry and Company
208-336-8000

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