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Established Iconic Turn-key Restaurant in Idaho Mountain Resort

Idaho

Asking Price: Gross: Cash Flow:
$450,000 $1,368,701 $147,868

Furniture and Fixtures Value:
$390,153 (included in the asking price)

Business Summary:
Locally owned and operated restaurant that has established itself as a leading fine-dining restaurant in this affluent mountain community. It has a reputation for using the freshest locally produced ingredients and is supportive of sustainable practices. It sources farm-to-table organic meats and produce and is considered a leader in organic cuisine. Extensive wine collection included in this incredible turnkey opportunity. This restaurant is regularly voted as best restaurant in the area. Liquor license is included in the rental of the building.

 
   
   
Year Business was Established: 2003
   
Number of Employees: 3 FT / 22 PT  
   
Facilities / Terms of Lease: Built to suit standalone building. Creates a great vibe and ambiance for fine dining in the full service restaurant. Outdoor space allows for summer eating. A fantastic space with good visibility from Main Street. The building is available for purchase. Liquor license is included in the rent and is available for purchase with the building.  
   
Potential Growth/Expansion: In the past both lunches and breakfasts have been served and have proved popular. Opportunity to rekindle those offerings during peak periods. Further development of the mixed drinks menu could increase high margin revenue.  
   
Competition: Seasonal nature of the tourist area creates slow periods. Despite the many restaurants in the area, reservations are required if for dining in the summer and winter months due the reputation of this restaurant.  
   
Owner willing to train: Will train for 2 weeks @ no cost  
   
Reason for selling: Owners are retiring.  
 

 

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