Established Fine Dining Restaurant with Excellent Reputation
$250,000
Seller financing available
The seller is open to letting you pay part of the price over time.
Long lease in place
The current lease runs for several more years.
Training included
The seller will help you get up to speed after closing.
About this business
A well established fine dining restaurant in a charming setting with an excellent reputation.
What's included
Equipment, furnishings, marketing/brand/menu/staff, food and liquor inventory
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$250,000
- Annual Revenue$865,000
- SDE$130,000
- 1.9×
- Price to SDE
- 0.3×
- Price to revenue
- 15%
- SDE margin
- Annual Profit
- $100,000
- Approx. Inventory Value
- $5,000
- Approximate FF&E
- $175,000
Details
- 2016
- Established · 10 yrs
- 25
- Owner hours per week
- Hybrid
- Sale Type
- Restaurant
- Business type
- Leased
- Premises
Financing & transition
- Seller financing
- Yes
- Min. Down Payment
- $125,000
- SBA Prequalified
- No
- Buyer Loan Allowed
- No
- Training after the sale
- Included
- Cost
- Free
- Duration
- 4 weeks
Property & lease
- Premises
- Leased
- Total Area
- 3,600 sq. ft.
- Rent (monthly)
- $7,200
- Lease Expiration
- Dec 31, 2031
- Lease Renewable
- Yes
- Lease Negotiable
- Yes
Where it is · Hendersonville, North Carolina
Somewhere in Hendersonville, North Carolina. The exact address is not on this listing.
Ad#:7191
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