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Casual Fine Dining Restaurant
Location: United States -> Illinois -> Decatur
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This new listing won't be available long - Casual fine dining restaurant bar and garden patio with a very unique atmosphere and eclectic menu listed for sale at $230,000.00. Freestanding building is located near Marta and within walking distance to the heart of Decatur. Since there are no other restaurants on this street, you will have limited competition to worry about. With plenty of parking, seating for 90 inside as well as 75 outside and 15+ at the bar, this restaurant is utilizing its space to maximize its profits. Owner is sacrificing the business after several years strong due to unfortunate health reasons. The restaurant has below market rent at only $4,817.00 a month with lease expiring in 2015 with two five year options to renew. Seller is very motivated to sell and will train, sign a non-compete agreement, and may offer partial owner financing to the right buyer!

Contact: Katie Arlt - Restaurant broker with Just Restaurants
Most Easily Reached By E-mail or Call 678-760-2666.

Possible buyers will be asked to signed a property disclosure and confidentiality agreement. Seller may require proof of funds for the project before the business name and address are disclosed. Photos may not be actual photos of the business.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $1,000,000
Cash Flow:   $200,000
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  2005
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Owner illness.

Photos

View Larger Photo(s) Of Business
Casual Fine Dining Restaurant Photo 1




Print Listing Id: 700165451
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Illinois Businesses For Sale > Illinois Franchises For Sale > Illinois Business Brokers



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