| Asking Price |
$1,750,000 | Inventory |
$29,573* |
|---|---|---|---|
| Gross Income |
$1,177,688 | Real Estate |
|
| Cash Flow |
$399,366 | Year Established | 2001 |
| FF&E |
$584,244* | Employees | 34 |
* included in the asking price
** not included in the asking price
R.O.I. 24.2%; Excellent cash flow history. This exclusive trophy dinner house and bar, established by the current owners features contemporary American or American Bistro style with global influences. Choices range from seafood to steaks and chops; light salads and decadent desserts. Two full bars offer entire dinner menu with wine, beer, bourbon & scotch, and specialty martinis, all served in a spacious, 225 seat, warm, welcome and romantic setting conducive to fine dining. The main bar is available for private events. Proven management has made this establishment, located in a pristine area, consistently voted one of the area's top three restaurants by popular reader's poll. The valuation includes the following: Business operations and associated assets, all rights to company trade name, all customer contracts and lists, propriety company information and methods of doing business, all good will and tangible assets not listed.
Facilities: Leased 6,690 SF in use; expandable to 8,454 SF with additional patio space and a third private dining space and/or catering kitchen. Several dining areas with two full bars (full board liquor-by-the-drink). Valet parking available with separate leased 42 space parking lot-easy ingress and egress. Building is completely renovated and decorated with a below market long term lease, fully assumable with sub-let options
Competition: Voted one of the area's top three restaurants, this proven operation has been featured in many national and international publications.
Growth/Expansion: This quality establishment has been highly profitable since its inception in 2001, and posts an excellent yearly cash flow and return on investment opportunity. The facility is readily expandable for additional private dining and catering options, curbside take-out, and added meal offerings such as lunch and Sunday brunch.
Financing: Aggressive owner financing (negotiable terms) is available
Support/Training: The sellers, with many years restaurant experience, will provide complete training (as determined by the buyer and seller).
Reason Selling: Seller has out of state interests

Ron Gardner
615-309-7100
Crye-Leike Commercial, Inc.
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