| Asking Price |
$225,000 | Inventory |
$4,000* |
|---|---|---|---|
| Gross Income |
$400,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 1998 |
| FF&E |
$115,000* | Employees | 5-10 |
* included in the asking price
** not included in the asking price
This full service restaurant lies in the heart of the San Ynez wine country, just steps from the Solvang city center. Known for their elegant atmosphere and flavorful menu, this restaurant offers a dining experience unmatched by local competitors, with a strong client base that appreciates the owner s attention to detail. After over a decade of successful business, the owner recently expanded to his current location, committing nearly $150,000 to an impressive new catering kitchen, and large outdoor patio that reflect his standards for quality. The interior boasts an intimate atmosphere, with an exquisite wooden bar and dedicated fire place dining, while gas-lit heaters and a retractable awning make the outdoor area an extension of the dining room, available for customer use year-round. Currently, there is a minimal focus on marketing, with new patrons referred by word of mouth, from local hotels, and tourists passing through the historic Frederick s Court. Summer months see a tourist boom in the wine country, reflected in the business financials, and continuing well into the fall. The owner prides himself on creating healthy, large portions that entice foodies from Los Angeles to San Francisco. This is an excellent opportunity for a trained chef to introduce their culinary talents to a captive market, with the Santa Ynez Valley boasting some of the most affluent customers in the United States.
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Facilities: Located in a busy shopping center, this location thrives from tourists visiting the area. The owner recently extended his lease, and can assign a fifteen year lease to prospective Buyers., at reasonable rent levels. A Type 41 Beer and Wine license is also included in the sale. The venue offers a touch of charm, with a large patio overlooking the courtyard. Buyers will appreciate the extensive and recent remodel, which make this a truly turnkey location for any food concept.
Competition: This business Bistro has been a popular fine dining establishment for over a decade, attracting a local demographic who enjoy well-prepared food at reasonable price points. This is truly a one of a kind restaurant in the area, with a focus on traditional cuisine, and a service level that encourages customers to return again and again. Restructuring the concept would continue to capture the high-end niche customers, who have very few dining choices in the North County area.
Growth/Expansion: Increased advertising campaigns, and introducing a wine pairing from local vineyards could drive revenues for any potential buyer.
Support/Training: Employees are fully trained and capable of fulfilling all food preparation and customer service. Seller will provide up to 30 days or 40 hours of training on product ordering, recipes and the nuances of this location, and will be available on a consultant basis for up to 1 year after the sale.
Reason Selling: Owner is looking to retire after completion of sale.

Matt Olufs
805-886-2919
Compass Commercial
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