Exquisite Dining Experience, located in Historic NOVA Setting
Business Description
Well Established, Scalable, Very Profitable, Growth Opportunities!
High end dining restaurant, located in a historic property, is being sold to allow the business owner to retire. The property and business are being sold in combination, with proceeds of the property sale covering the business transaction. The property was built in 1889 and enjoys a storied past. Converted to a restaurant location in 1976, the property has been well maintained, hosting the seller since 1996. For an experienced owner/operator, this is an excellent opportunity to operate a higher end establishment.
About the Business
- Years in Operation
- 29
- Facilities & Assets
- FF&E General Condition: Excellent
- Market Outlook / Competition
- The restaurant is a level below Michelin dining and above high end chain locations. With setting, quality, and service, this location has five or less direct competitors in the region.
- Opportunities for Growth
- The owner states the largest opportunity is to revive the catering business in addition to the restaurant. Many venues have built up in the surrounding 30 miles, giving opportunity for catering.
The restaurant has few direct competitors in the region, yet there are areas it can expand to better serve its customer base and expand the base.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Number of Weeks Seller Will Offer Training: 4
Listing Info
- ID
- 2354512
- Listing Views
- 414
Listing ID: 2354512 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
