Owner Financing is Available!
Business Overview:
Vibrant concept with original, yet accessible menu, excellent location and reputation. Smart, efficient, Chef-designed kitchen capable of high volume and highest standards. Crisp, clean, upscale floor plan/decor easily converted into any concept. Superior build-out, very well maintained. Park/Lakeside location in new commercial/residential condominium complex with outstanding Lake views at every table. Seats 80+ with 20 more on seasonal balcony/patio. Chef-driven operation with only 5 days/week, sales up 8% in 2009, stable in 2010 despite main bridge reconstruction/roadwork all summer into autumn. Full-liquor license. Brand-new $10K, Make-up air unit, 2010.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
3,455 sq ft retail and storage. Lease: $3,675/mo + CAM and property taxes additional. Lease 5 years, plus 5 year option. Also, available: Option to purchase the space (Landlord will negotiate either with new tenant).
Market Competition and Expansion:
Market Outlook is Very strong location with only restaurant space of its kind at center of fast developing community. Considered by most to be “best restaurant in the area,” yet fully adaptable to new concept.
Restaurant is situated on $3,000,000 newly constructed (2004) lakeside development with parks and boating dock which also provides parking lot for restaurant – fully maintained year-round by city (no extra property taxes or snow removal!) New owner(s) opportunities include: expand hours, serve breakfast and brunch, 7-days/week, delivery, etc.
Reason for Selling:
Health Reasons
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: