| Established Downtown Waco Mediterranean Cuisine (1424 Bistro)

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Established Downtown Waco Mediterranean Cuisine (1424 Bistro)

Well established upscale Mediterranean style bistro located in downtown Waco, Tx. The business offers an impressive ROI with plenty of opportunity to expand and increase revenue. The current owners have done all of the grunt work of starting a business from the ground up and have successfully operated this restaurant for over 20 years. They are ready to pass "Waco's home for good food, wine, and conversation" off to the next aspiring head chef and business owner.

Listed By: Senthil Kumar

Background information

Reference:

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Year established:

2000

Reason selling:

The current owners have enjoyed running this business for 20+ years building it

Operations

Employees:

Equipment:

Included in asking price $150,000

Inventory:

Included in asking price

Premises

Facility:

Located on popular Washington Ave, the building has 200 ft of road frontage outfitted with 30 parking spaces. The space includes an attractive outdoor seating, beautiful indoor bar, large main dining room, as well as "Captains room" for hosting parties.

Rent and lease terms:

$6,000 per Month

Location:

Waco, TX

Opportunities

Growth:

Currently only serving 29 Hours/ week. Tuesday-Saturday 5pm-10pm, and Sunday 5pm-9pm. The business could easily support being open for lunch, dine in or to-go.

Price and terms

Price:

$500,000

Financing:

Possible Seller financing available with significant down payment.

Training:

Owner/head chef will offer up to 3 months support/business training. Full vendor lists will be provided as well.