Fine Dining Restaurant For Sale!

Lafayette, IN
Tippecanoe County

Asking Price: Annual Revenue:
$279,900 $572,015

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fine Dining Restaurant For Sale! Broker: Robin Gagnon
License #: 327379

Quick Facts

Asking Price: $279,900
Annual Revenue: $572,015
Net Profit: $17,920
Cash Flow: $109,308
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 13
BBN Listing #: 38798096
Broker Reference #: 7330

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Business Overview:

But this profitable fine dining restaurant for sale and take home over $100,000 per year. Sales of $572,000 reported on the 2018 tax return. Just bring 30% down as this restaurant/bar qualifies for SBA lending. Upscale, prestigious and ready for your ownership! Current owner is making over $100,000 and not working in the restaurant. Sales of over half a million dollars shows this is an upscale powerhouse. With only 30% down our lender resources can put you in the ownership role of this profitable fine dining restaurant for sale with a full liquor license. This fine dining restaurant for sale plus bar offered by We Sell Restaurants is profitable due to the high-end menu and great staff that are eager and ready to please their customers. Keep the same hours or increase your profit by increasing the hours which are currently just 5pm to 10pm Monday through Saturday. The space has a generous 3,000 square feet with an additional 3,000 square feet in the basement for storage. Rent on this fine dining restaurant for sale is just $3,400 per month including everything but electricity. The lease is good for another two years and it has two, three-year options so you can feel secure in your future. The fully equipped commercial kitchen is the lifeline of this fine dining restaurant for sale and is completely outfitted with everything it needs including a hood, grease trap, walk-ins, prep tables, ovens, and much more. The extensive list of miscellaneous items from cooking utensils to all bar items, sound system, all you need to do is walk in the door and realize your dream of owning your own business. The classic high-gloss solid wood bar is a beautiful focus point in the lounge area. This fine dining restaurant for sale has an ultra-modern look and atmosphere. With a total of 86 seats, the dining room houses 62 of those with the remaining 24 seats in the bar area. This fine dining restaurant for sale has it all… high profits, spectacular atmosphere, eclectic menu, a great staff and a fabulous location. Click or call today and start 2020 by being your own boss.

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Property Features and Assets:

Kitchen delis X 2 low fridge walk in quick freezer ovens 3 prep tables Sinks grill ranges and hood are landlords and refrigeration and hood are his responsibility Dish machine is rented 27 bar stools 34 regular chairs 4 high boys 3 low boys 2 six tops 6 2 tops 8 4 tops Built in banquette runs the length of the dining room provides a good portion of dining room seating 280 bistro napkins 20 servers bistro style aprons 120 set ups 60 steak knives 30 dessert spoons 20 tea sets 65 red white champagne flutes 20 coups martini glasses sippers 20 lager glasses snifters 20 copper cups for Moscow mules 10 shakers 5 strainers 6 cocktail spoons 20 espresso cups 84 bread plates 40 salad plates 5 10 cooking sheets various sizes 10 15 Plastic bins various sizes 6 cutting boards Kitchen display screen for orders 2 kitchen printers for tickets 3 FOH ticket printers 55 OLED TV 3 order screens FOH Toast 3 speakers FOH Yamaha amp for music Hostess station 4 high chairs 2 assembled 2 boosters 4000 dollars artwork FOH bar bathrooms 4 soap dispensers bathrooms Flour sugar bins 20 water bottles 80 water glasses 2 umbrella holders 3 handheld phones w msg station Cotton candy machine Glass froster Washing machine Comm Blender Dehydrator Comm Vacuum sealer Hand blender 2 warming tanks Commercial food processor Ice crusher for oysters Full line pots pans sizzle plates cooking utensils 7 8 food racks kitchen and walkin 8 more in wine cellar Ice scooper Ice bucket to move ice to bar Bar ice cube freezer 4 wine chillers 12 large cube ice trays 4 ice buckets w stands for wine Freezer in basement 3 Water glass racks w stand 6 DW racks 2 moveable storage stations 2 soda stations

Market Competition and Expansion:

Big Ten University town, strong economic base, riverfront liquor license, great location. Riverfront liquor license, center main st, Big Ten University.

Reason for Selling:

Changing Careers

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.

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