||Employees||2 full, 15 part
* Included in Asking Price
Serving handcrafted meats in a European-style bistro with an open kitchen concept, this restaurant offers a unique and fresh selection of lunch and dinner items using many locally sourced ingredients and handcrafted meats. Great spot in an upscale neighborhood in the Midtown Area in Omaha, Nebraska with a capacity of 45 and a 90 minute table turnover. The atmosphere and location give you the feel of being in an authentic rustic European-style Bistro. Wonderful food, affordable wine pairings, craft cocktails and handcrafted beers round out the menu. The business consistently rates four and five stars on Yelp for great food and a wonderful staff of 15 part time Servers, 1 GM and 1 Assistant Meat Curator. The current Chef and Meat Curator is willing to stay on for 1 year.
A purchase of this popular restaurant includes $39,946 in furniture, equipment and inventory as well as a build out of $158,000. Income mix includes 40% lunch, 50% dinner and 10% catering. The average lunch ticket is $36.00 and the average dinner ticket is $102.00 per couple.
List Price: $50,000
Owner Profit/Cash Flow
Valuation: 2015 Cash Flow x Multiple = Fair Market Value
$79,160 x 2.95 = $233,522
Income Mix: 40% Lunch
Assets Included in Purchase: $197,946
Intangible Asset: $158,000 in buildout
*Amounts may vary
Location: Popular Neighborhood in Midtown Area, Omaha, NE
Capacity: 45 w/90 minute table turnover
Lease: $3000/mo. in 1,300 sq. ft.
Hours: Mon-Wed 11am-10pm, Thur 11am-11pm, Fri-Sat 11am-Midnight
Seller Training Period: 30-60 days, with current Chef & Meat Curator willing to stay on for one year
Employees: 1 General Manager, 1 Assistant Meat Curator, 15 PT Servers
Growth Opportunities: Sunday Brunch, Outdoor Seating for up to 16, meat & retail display case
Reason for Sale: Partnership dissolution
Purchase Price: $50,000
25% Buyer Down Payment: $12,500
20% Seller Financing: $10,000
55% Bank Loan: $27,500
*Neighborhood bank is willing to finance
For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.
|Facilities:||Location: Popular Neighborhood in Midtown Area, Omaha, NE
Lease: $3000/mo. in 1,300 sq. ft.|
|Growth Potential:||Sunday Brunch, Outdoor Seating for up to 16 and meat & retail display case|
|Training/Support:||30-60 days, with current Chef & Meat Curator willing to stay on for one year|
|Sale Reason:||Partnership dissolution|
Seller Reference #RES048
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