High End Restaurant for Asset Sale For Sale

Business description

A beautiful high end restaurant is now on an asset sale for a great price. A new owner has opportunity to convert this restaurant into something else that fits their own imagination and their taste, or to keep it as way it is. It has a great name that is already known throughout Dallas and has regular customers who enjoy its quality food. The mood is very nice and cozy, the bar is ready to serve, the tables are set with glass of wine, and it is just magnificently designed and has a great dining atmosphere.

Property information

Real Estate:

Lease

Location:

This is a perfect size restaurant for intimate mood and surroundings for people to enjoy high end food. Of course the new owner can freely convert it to anything that they want. The chairs and tables are made of oak wood and has high quality leathers. It has $20,000 wine cellar with only the quality wines and also has a bar that is ready to serve. The restaurant also offers a big fish tank that entertains diners with fun and excitement. This is a four star restaurant.

Other information

Expansion potential:

It has great potential because of its location, the traffic, and the visibility of the restaurant. Run it as it is or convert it into something else, it has endless potential.

Competition / Market:

There are some other restaurants in the area but nothing comes close to this restaurant. This is the only 4 star restaurants in the area that has loyal regular customers.

Reasons for selling:

Owner willing to train for smooth transition.

Financing available:

100% cash at closing.

Furniture / Fixtures value:

$100,000 (included in the asking price)