Newly Renovated Outside Area - American Bistro for Sale
Wilmington, DE
| Asking Price: | $300,000 |
| Rent: | $4,684/Month |
| Gross Revenue: | $512,870 |
| Established Year: | 1999 |
Listing ID: 2020850Listing provided by BizBuySell
BUSINESS DESCRIPTION
Upscale restaurant located among affluent neighborhoods in a newly-renovated shopping center offering a number of tasty entrees on a daily basis. This restaurant was established in 1999 and serves dinner five days a week from 5:00 to 9:00 PM, Tuesday through Saturday. It has a loyal clientele that supports the restaurant. It offers alcoholic beverages during its dinner hours. License can be transferred to a "Qualified Buyer". Complete a LMT Commercial NDA and the location will be revealed along with pertinent information.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Wilmington, DE
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
31/05/2024
Employees
10
Facilities
The restaurant is turnkey, point-of-sale equipment, fixtures, bar, chairs, tables, coolers, freezers, commercial appliances and all smallware that is needed to run the establishment to full efficiency is included. Plenty of parking in the shopping center. The facility is 2,000 +/- sf.
Competition
The shopping center has a number of fast-food operations, and other eateries to attract customers to the center.
This restaurant is the best option for sit-down evening dining.
Growth & Expansion
As noted, the restaurant is opened for dinner, 20 hours a week, Tuesday through Saturday. The new owner can serve lunch, which has been in demand, cater to the businesses in the community, and offer delivery, and late night fare. A number of ways to grow and expand the business.
Support & Training
The seller will offer training before settlement and will remain at least two weeks after settlement in order to achieve a smooth transition.
Reason for Selling
Seller wishes to explore other ventures.
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