Portland Relaxed Fine Dining Business For Sale

Business description

This popular neighborhood restaurant has an excellent reputation and loyal customer traffic that provide steady revenue year round. The full lunch and dinner menus encompass casual fine dining with more eclectic items and a limited beer and wine selection. The real estate is also available for acquisition.

Property information

Real Estate:

Real Property Included

Living accommodation:

The building includes a rental or owner's apartment.

Location:

The location is a destination for casual fine dining that includes select restaurants and other attractions.

Premises details:

The real estate can be included in the purchase and includes rental or owner apartment(s).

Size in square feet:

3,000

Business Operation

Expansion potential:

There is an opportunity to expand the space physically and to add full liquor to the current beer and wine selection.

Competition / Market:

Limited competition with prohibitive zoning, brand recognition and excellent location make this a unique business.

Reasons for selling:

Seller has other business interests.

Employees:

12 PT

Years established:

2004

Other information

Support & training:

Seller will provide transition training and consulting.

Financing available:

Anticipated Seller $50,000 on Biz. Working Capital Needed $10,000. Inventory Purchase $10,000

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$10,000

Lease asking price:

$150,000 (Furniture / Fixtures included)