Exquisite Dining Experience, Located In Historic

Business Overview:

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.

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Property Features and Assets:

FF&E General Condition: Excellent

Market Competition and Expansion:

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.

Expansion:

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.

Reason for Selling:

Additional Details:

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