Established and Profitable Local Restaurant.

Oak Ridge, NC (Guilford County)

Bistro 150
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Asking Price: Get Financing: $269,000

Cash Flow: $14,700

Gross Revenue: $500,000

EBITDA: $42,000

FF&E: $130,000

Inventory: $9,000

Lease Rate: $4,800 /SF/Month

Established: 2007

Established and Profitable Local Restaurant.

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Business Description

Local bistro, established in 2007, with a solid local following. Google and Facebook reviews have our food and service very highly rated. All of our food is created to order in house from our own special recipes. Live music available every Friday and Saturday night as well as "other times" during the month (as booked). Private banquet space included in the purchase price as well. Strong monthly income ranging from $38,000 to $45,000 per month.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
1/1/2022
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All restaurant furniture, fixtures and "other" to stay, as well as the current employees(except certain personal items) and are included in price.
Competition:
Business is located in the Oak Ridge Commons in Oak Ridge NC with heavy walking traffic.
Growth & Expansion:
Possible extra growth with the private banquet room included with the restaurant.
Support & Training:
Negotiable
Reason for Selling:
New business opportunity.
Business Website:
http://www.bistro150nc.com
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Business Location


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Business Listed By:
Jennifer Mun

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