| Asking Price |
$245,000 | Inventory |
$5000* |
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 2003 |
| FF&E |
$150,000* | Employees | 10 |
* included in the asking price
** not included in the asking price
Madison area, beautiful, successful, bustling gourmet restaurant in vibrant busy neighborhood. Inside seating for up to 70 with additional outdoor seating in the warmer months. Also offering catering and private parties for 5 to 250 people. This restaurant has been awarded in the Best of Madison Magazine for the last 2 years.
Facilities: Leased area has been completely and tastefully renovated by the owner. Included is 1268sq ft dining/open kitchen area, 400 sq ft basement with walk-in cooler and additional storage. There is a shared parking area next to the building. All furniture, fixtures and equipment including all wall hangings. The extensive Leasehold Improvements are what makes this location special.
Competition: Located in a very busy area with large amounts of foot, auto and bicycle traffic. Beautifully decorated and refurbished building with a long term lease and off street parking. All equipment, leasehold improvements, original art work and everything else to make this a turnkey business, are included. This business has shown a steady increase in sales and profitability since opening the doors 5 years ago.
Growth/Expansion: The currnet hours are for evenings only and closed Sunday and Monday. Saturday lunch, Sunday brunch and the two closed evenings offer added exposure and potential sales increases.
Financing: Cash sale, no buyer financing available
Support/Training: Willing to stay on and train, time and intensity based on the needs of the buyer.
Reason Selling: Moving to a warmer climate

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