Restaurant, Chef-Owned offering private dining, catering, Meal Deliv.

Asking Price$135,000

Cash Flow
$50,153
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$141,381

Inventory$12,000
Not included in asking price
FF&ENot Disclosed

Chef Owned Private Dining Restaurant and Catering.Save

Restaurant, Chef-Owned offering private dining, catering, Meal Deliv.


Asking Price$135,000

Cash Flow
$50,153
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$141,381

Inventory$12,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
Chef-Owned Private Dining Restaurant in West Side Upper Middle-Class Community with a Great Following of Repeat Customers. Retiring Chef-Owner is looking for a fellow Chef who has the passion to continue the existing business and expand it by capitalizing on one or more un-exploited Food Service initiatives (with due increase of workers):
Gourmet Food Delivery (via Door Dash, Uber Eats, etc.) and using established on-line promotions;
Expanding Catering event offerings of via proper digital marketing (e.g. Family Events, Business Functions, etc.)
Offering Food Service Cart by placing a Food Cart outside at one of the 4 building Complex from Spring to Fall on selected days). Such an initiative can be easily started.
Leverage the above initiatives with the company’s existing web site and other public media services.
Dining room with great sunset views; open & efficient kitchen.
Has a private dining room with 20 seat capacity for private evening diners (Fridays, Saturdays and Sundays)as well regular luncheons via reservations.
Financials: 2023 Revenues $142K; G.M.: 46% (35% Lunch/45% Din. & Catering. Business Mix: Lunch: 40%; Din.; Catering, Classes: 60%.
Asking Price: $135,000 plus inventory at closing.
Rent: $700.00/month including utilities & insurance. Size: 600 sf.
NOTE: Seller is willing to train the buyer for about 6 months with agreed hourly wages as per mutual agreement between the parties
Offering a Steady Business Opportunity for a Chef/Owner seeking a Life-Style Business with upside un-exploited potential as outlined.
Selected Remarks from Happy Customers’ Reviews are shown in the attached one-page summary.
About the Business
Years in Operation
12
Facilities & Assets
Pleasant dining room with wonderful sunsets (on penthouse) and Open Kitchen separated by a large granite counter.
Market Outlook / Competition
Like all restaurant business, this one is affected by the level of economic activity to some extend. However an active owner can use initiatives to attract more private dining events.
Opportunities for Growth
This has been discussed in the main section.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
600
Rent
$700.00 per month
Lease Expiration
12/31/2026
About the Sale
Seller Motivation
Retirement.
Transition Support
Seller willing to train for up to 6 months with at mutually agreed hourly rate.
Financing Options
Preferably for a limited period to facilitate transition.
Listing Info
ID
2225362
Listing Views
1370
Attached DocumentsAttachment Disclaimer

00_04_27_2024_BizFlyer_chef_Owned_Restaurant_West_Side_April_27_2024_Merged_.pdf


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Business Listed by: Elias E. Ladon Enterprise Development Resources, Inc.

Listing ID: 2225362 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.


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