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Contemporary Restaurant / Lounge

Tallahasse, Florida (Leon County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $560,000 Inventory $12,000* 
Gross Income $1,261,531 Real Estate  
Cash Flow $123,852 Year Established 2006
FF&E $325,000* Employees 27

* included in the asking price

** not included in the asking price

Great business for sale

This contemporary style restaurant offers a cosmopolitan atmosphere with white linen tablecloths and sophisticated d cor. It is a combined niche of Restaurant plus lounge. Catering to both the business sector and the large student population in the area. Each contributes 50% of sales. Current owner sees a potential for added sales with later restaurant hours and weekday brunches. The facilities are separated with separate entrances to the Lounge and the Restaurant. Easily move from one to the other through a corridor. They offer valet parking adding an up scale feel to the business. The menu offers a wide array of plates from cultures of the world i.e. Spinach Lasagna, New Orleans Gumbo, Five Spice Duck Breast and Cuban Spiced Pork to name a few. The restaurant is open Monday thru Friday for Lunch and Diner and Weekends for Brunch. This unique business shows continued growth each year it has been in business. For More information contact Nicole Ard at 850-723-3499 or nicoleard@bellsouth.net

Facilities: 4,500 sqft w/ 400 sqft of outside deck. Resturant seperate from Lounge Space.

Competition: Lounge / Restaurant combinantion unlike most restaurants in the area. The niche allows owner to profit in the business after hours as well as the restaurant during the lunch and dinner hours.

Growth/Expansion: Owner sees a market for evening dining and brunch hours.

Support/Training: 30-60 days for smooth transition

Reason Selling: Other Business Interest

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