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Smithfield's Restaurant, Profitable, Unique “Nose-to-Tail” Dining

Ashland, OR (Jackson County)

Smithfield's Restaurant, Profitable, Unique “Nose-to-Tail” Dining
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Asking Price: $350,000

Cash Flow: N/A

Gross Revenue: $1,200,000

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Rent: $6,000 /Month

Established: 2011

Smithfield's Restaurant, Profitable, Unique “Nose-to-Tail” Dining

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Business Description

Successful Restaurant in the Heart Culinary Heaven. Southern Oregon's Best

Successful Business in Ashland ready for a new owner to step right in and own one of the most sought after restaurants in Southern Oregon. This opportunity rarely comes on the market. Smithfield’s has been featured in national and regional publications such as NEW YORK MAGAZINE, OREGON WINE PRESS and FOX – “One of America's Coolest Restaurants”. Here is your chance to own an Ashland staple at the top of the Restaurant and Tourism Industry. Business Opportunity Only. Sale includes furniture, fixtures and equipment (See FFE and Tenant Improvement Sheet), website, social media, name, POS, recipes, menu, and dishware. This amazing restaurant has been well maintained and consist improvements made to reflect the high quality of food served. Smithfield’s currently has an attractive lease that include (2) residential apartments and a large outdoor seating area that holds 75 additional guest with outdoor services available. Ever wanted to be on the culinary tourism map of Southern Oregon? Here is your opportunity!

Attached Documents


Detailed Information

Location:
Ashland, OR
Real Estate:
Leased
Building SF:
3,500
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Attractive lease with 5+ years left. SEE ATTACHED Fixtures, Furniture, Equipment and Tenant Improvement List. Building consist of 2 upstairs apartments that generate over $20,000 in combined rent, with potential to convert to Vacation Rentals for significantly more rent. Large outdoor area that could be utilized for beer garden or more music venues, buyer to perform due diligence. (Home Based)
Competition:
Our market serves over 350,000 tourist a year as well as loyal local market. Our restaurant has award winning restaurant is unique and attracts foodies from all over the US. Checkout our website for more information.
Growth & Expansion:
Expandable Outdoor Dining Experience. Possible Beer Garden. Host MORE concerts/bands.
Financing:
Cash or Conventional Loan. Sale excludes inventory and artwork.
Support & Training:
London Born, 2 time "Oregon Iron Chef", Award Winning Chef Neil Clooney designed menu and recipes include in this purchase. Training by Seller, Chef Neil Clooney is negotiable.
Reason for Selling:
Owner is Shifting Careers
Home-Based:
This business is Home-Based
Business Website:
http://smithfieldsrestaurant.wordpress.com/
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Eric Herron

Business Listed By:
Eric Herron

Full Circle Real Estate

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