Business For Sale

Business Overview:

Since opening in this historic district in late 2010,this restaurant and lounge has established itself as an icon in the area The beautifully decorated Victorian space on the first floor reflects the 1800's time period when the building was built and houses the main dining area, a casual and affordable fine dining restaurant with savory gourmet cuisine created by their talented and culinary school trained Chef. The upstairs Martini Lounge is a chic space, adorned with stainless steel, crushed glass bar top, 300 gallon coral reef aquarium, large hand-painted mural by the owner, brick walls, and wonderful views of the historic district. Operating in a 4,ooo square foot building with seating for 100 people. It currently operates with 6 employees, a Chef and an Owner that acts as General Manager for day to day operations. This restaurant is classified as a casual fine dining restaurant with a loft style martini lounge located upstairs. Though limited,the restaurant is showing a profit in less than 18 months of operations which is highly unusual in this industry. Before opening, this reataurant benefit from a significant media blitz, including being cast on a reality show for Food Network which is currently airing in Canada and should be airing in the United States before long. This restaurant also offers service for private parties and corporate events, and for those occasions where they are catering to 50-200 guests they can accommodate them next door.

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:

Assets=$140,546.

Market Competition and Expansion:

There is significant room for growth with some very exciting avenues that a buyer could benefit from if capitalized on. For starters the food network reality show that sets to air in the United States will give it national attention and surely create quite a buzz and further attention from local media as well as giving the new owners a real opportunity to make some new first impressions. Continued growth and local support of the revitalization of this Historical district also provides real opportunity for growth as more business moves to the area. An area University just announced their plans to relocate several departments directly across the street from the restaurant which in turn has caused the city to consider adding a bus route to the area. There is also talk from the University of plans to build and renovate buildings on and near this same historical street into student housing. This will certainly drive growth and traffic to the area and restaurant. There is also significant room for growth through various marketing and management strategies as well as menu development and customer service.

Reason for Selling:

Relocation out of state

Additional Details:

Resources: