Established Upscale Restaurant and Wine Bar Hot Location

Price: $399,900

Location: Columbus - Ohio, Franklin County

Industry: (Restaurants, Full-Service Restaurants)

Listing Category: Restaurants -- Full Service

Listing ID: 82286

Established casual fine dinning Restaurant and Wine Bar fantastic location with heavy traffic, both foot & Cars. The Restaurant has over 33 years of successful operation and the Wine Bar has experienced 19 years of the same.

Both venues have a comfortable, fun, and eclectic environment, where people can enjoy some of the finest international cuisine as well as wine and beer offerings from around the world. The restaurants menu continues to evolve but the main focus has never changed: provide world class cuisine and a high standard of service. The Wine bar offers an atmosphere to relax and enjoy small plates paired with a glass or bottle of wine or imported beer. The Wine Bar also sells wine and beer by the case and bottle. The Restaurant also does off site Catering.

The sale includes two Full Liquor Permits (Beer, Wine, Spirits) one permit provides for carry out. Also included is the long list of well maintained kitchen equipment as well as all recipes.

Very Consistent Sales and Profits Year after Year !

Motivated Seller Wants Sale by Year End !!  Ready to Negotiate !!

The Sale is HIGHLY CONFIDENTIAL-

All parties will be required to sign a Confidentiality agreement and provide proof of their financial ability to complete a transaction.

Listing Details

Total Sales: $2,430,489

Cash Flow: $259,072

Inventory: $90,000

Terms and Conditions?:

No Seller financing offered will be directed to SBA.

Reason For Sale:

Seller has other interest.

Training & Support:

Seller to provide sufficient training and transition to insure a smooth transaction.

Operation

Year Established: 1980

Year of Last Acquisition: 1980

Employees: Full Time: 23 / Part Time: 32

Managers: 6 Managers

Location

Lease Option: Lease expires 11/22/2022 with annual CPI rent increase throughout the term. No Option However One Can be obtained from landlord.

Type of Location: Strip Center Very Busy Street Restaurant District Heavy Foot and Car Traffic

Square Footage: Restaurant is 5,820 sq ft with two bar areas, several separated dining areas (Seats 160), & patio (Seats 36). The Wine Bar is 3,205 sq ft featuring a wine bar and comfortable seating throughout the space. (Seats 113).

Facilities Information:

Restaurant is 5,820 sq ft with two bar areas, several separated dining areas (Seats 160), & patio (Seats 36). The Wine Bar is 3,205 sq ft featuring a wine bar and comfortable seating throughout the space. (Seats 113). The Restaurant and Wine Bar have Upscale tasteful decor with the atmosphere being very comfortable and warm.

Professional kitchen with several hoods, walk in coolers, and a fantastic prep kitchen. Equipment would be any professionally trained Chef's dream

Summary

Potential Growth:

Located on a street with heavy foot & auto traffic. There are apartments, condo’s and single family homes surrounding the market.

Financing/Terms:

No Seller financing offered will be directed to SBA.

Afilliations