Casual Fine Dining Restaurant
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $1000000
Net Profit / Cash Flow $200000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2005
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Yes.
Reason for Sale Owner illness.
Description 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.
Click Here To Contact Seller
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