Fine Dining Restaurant In Dallas County For Sale

Business description

Upscale, elegant, and authentic fine dining specializing in Ethiopian and Italian dishes is available for sale. Established in 1991 and moved into current location in 2005, the restaurant is the oldest Ethiopian restaurant in Dallas. The restaurant serves premium quality dishes to its customers and has been placed in D Magazine thereby drawing a number of high-end customers including celebrities. Gorgeously built-out interior brings elegant dining atmosphere to the restaurant that a lot of loyal customers enjoy to dine-in.

Property information

Real Estate:

Lease

Location:

Occupied in a 3,760SF, it can take up to 150 people. The restaurant has a full bar as well. Also, it has dance floor equipped with musical devices for hosting party/events such as wedding.

Other information

Expansion potential:

Conversion to other type of fine dining that is more popular and has more demand would bring a dramatic sales increase considering this location being called the best in Dallas for dining.

Competition / Market:

No direct competition found in this area.

Support & training:

4 weeks training will be provided to new owner.

Reasons for selling:

Other opportunities

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Owner will finance to qualified buyers with 50% cash down.

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)