Description of the business for sale
THE COMPANY
Desiring to phase into retirement, the highly successful chef to this popular downtown Ketchum restaurant seeks to transition a replacement owner for this unique restaurant. Forty indoor seats with twice that number outside maximize the utility of this modest rent friendly business ($2,300/month for approximate 1,260 sq. ft. interior space).
THE LOCATION
Located a few paces off the main Sun Valley Road in the heart of Ketchum, the property has a prime view of Baldy and ample parking. The compact operation allows for minimal staff of the owner/chef, manager, an assistant, five part-time wait staff and three prep busser/dishwashers. During the peak summer hours, a hostess assists with reservations and wine sales for waiting customers. Opened only for winter dinners, the restaurant has recently experimented with peak season lunches. There are three more years remaining on the lease at favorable lease rates.
THE PRODUCT MIX
Featuring revolving California/Mediterranean style food with emphasis on all fresh ingredients, the restaurant’s friendly environment typically accommodates two nightly sittings with an average meal/wine check at $50 a person.
THE POSSIBILITIES
Popular enough with locals to survive the slower “slack” seasons, this ten year established restaurant site should expand into catering and upscale take away gourmet food. Ideal for a new chef or community oriented gourmet fan seeking to learn the fine restaurant business from an accomplis