Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$175,000	Inventory
Gross Income	$154,500	Real Estate
Cash Flow	Not Disclosed	Year Established	N/A
FF&E	$68,400*	Employees	N/A

* included in the asking price

** not included in the asking price

THE OPPORTUNITY
Newly remodeled 1950 s circa residential home in Meridian s Old Town district slated for continual eclectic growth. The Owners spared no expenses in updating and adding amenities to this very functional restaurant opportunity. Access meets ADA current requirements. All this needs is a restaurant theme and experience to make it a destination food and/or beverage operation. The equipment and facility are ideal for any style cuisine or chef specialty markets. This is an under market value opportunity, for all the assets and build outs are included. It would be very difficult to recreate this opportunity for the price being offered.

THE LOCATION
This restaurant is located in a highly desirable part of Meridian. Ideal for western lifestyle and outdoor recreation oriented individuals seeking small town appeal with metro draws. The specific location is a highly accessible cross street in a commercial section of Meridian with other similar remodels in adjacent parcels. The remodeled, freestanding restaurant features an additional meeting room currently being used by community service organizations. The facility is certified for a capacity of 133 but current seating is established at 88.

ASSETS INCLUDED
Turnkey operation includes a small start-up food inventory and all equipment; i.e., upgraded grease removal system as well as complete, larger 10 hood and grille system. The restaurant has separate automatic dishwashing and cold/freezer capacity. The Owner is asking $12.50/psf NNN with options to buy the real estate included. They would also consider a full lease on both real estate and restaurant equipment, both with reasonable terms (rate negotiable for extended year leases).

THE REASON FOR SELLING
Owners are not in the restaurant industry and have taken the investment as far as possible.