Description of the business for sale
This is an excellent opportunity to own a limited service eatery with great d cor and a stellar reputation. Company growth is limited only by imagination and desire. The Restaurant was started as a lifestyle business for the Seller and has provided consistent income and benefits of ownership for over fifteen years. The concept is ageless and proven and recognized with very positive reviews from many reporting sources. The Company occupies a crowded market place but provides a unique fare and is recognized as the go to location for specific menu items. This sale is part of a planned phase out and retirement for the Seller. The Seller desires to transfer ownership to someone with the desire and energy to take the Company to the next level of growth. The best candidate for new Ownership would be a marketing oriented person or a couple with a strong customer service background.
GROWTH: The concept and proven business model is consistently profitable however there are immediate bottom-line gains available through a more hands-on management effort. Growth is only limited by the the Owner's desires.
ADDITIONAL FINANCIAL INFORMATION
•Financing: Seller will finance up to 20% along with Bank/SBA.
•Inventory: $5,000
•FF&E: $250,000
REASONS FOR SELLING: The sale is part of a planned retirement.
EMPLOYEES: Full-time / Part-time: 8 Full-Time
Support / Training provided by seller
Management in place and Seller will provide excellent transition assistance.
Description of the facilities
The company is very well located in leased space in a high density and upscale destination shopping area of Seattle. Fresh and updated with great equipment. Excellent access and parking.