Business Overview

Quaint Yamhill County restaurant centered in wine country offering up chef inspired cuisine focusing on longevity through local and tourist relationships. Based in a growing location, the curated experience this restaurant offers completes a moment both reached for and celebrated by every patron. With the abundance of fresh and timeless flavors available this is great opportunity for a chef to be an owner operator and continue the success of this foot hold business.
Intimate, French inspired space set up to thrive. For 13 years this location has been building connections with neighborhood regulars and destination tourists looking to be steeped in the flavors of Oregon.
Preexisting local farm relationships steer the seasonal menu toward an unforgettable Willamette Valley experience. Seating available for dine in and bar space; opportunity unlimited.
Great location for a restaurant with other popular restaurants and shops in the area to draw business from. With the business having a long standing in the town there is a great following. Local farms are very close and there is not a problem having fresh local product delivered all year round.
There are opportunities for growth by expanding hours. Get back to full seating. Work with local hotels and wineries to draw in more of the wine tourism. This is great opportunity for an owner operator and someone that has the dream of living in the idealistic wine country!

Financial

  • Asking Price: $250,000
  • Cash Flow: $124,504
  • Gross Revenue: $589,159
  • EBITDA: N/A
  • FF&E: $7,290
  • Inventory: $2,500
  • Inventory Included: Yes
  • Established: 2009

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,100
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

moving on

Additional Info

The business was started in 2009, making the business 13 years old.
The sale does include inventory valued at $2,500, which is included in the suggested price.

The business has 2 employees and is located in a building with approx. square footage of 1,100 sq ft.
The real estate is leased by the company for $2,650 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons people decide to sell businesses. Nonetheless, the genuine reason vs the one they tell you might be 2 absolutely different things. For instance, they may say "I have too many other responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these might just be justifications to try to conceal the reality of altering demographics, increased competitors, current decrease in profits, or a variety of other factors. This is why it is extremely crucial that you not rely completely on a vendor's word, yet instead, use the vendor's solution combined with your overall due diligence. This will repaint a much more realistic picture of the business's present scenario.

Existing Debts and Future Obligations

If the current company is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Lots of companies borrow money so as to cover things like inventory, payroll, accounts payable, and so on. Bear in mind that sometimes this can mean that earnings margins are too small. Numerous businesses come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that need to be satisfied or may result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location draw in new consumers? Many times, businesses have repeat consumers, which develop the core of their day-to-day revenues. Specific aspects such as brand-new competitors growing up around the area, road building and construction, and staff turn over can impact repeat clients and negatively influence future earnings. One vital point to consider is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Certainly, the more people that see the business often, the higher the opportunity to construct a returning client base. A last idea is the general area demographics. Is the business placed in a densely inhabited city, or is it located on the outside border of town? Just how might the neighborhood average household earnings effect future earnings prospects?