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1031 N Main St

Meridian , Idaho 83642

Listing Type:
For Sale
Listing Price:
$150,000.00
Property Type:
Hotel and Motel
Property Subtype:
Full Service
Year Built:
Listing Status:
Active
Building Size:
2900 SqFt
Land Area:
0.28 Acres

Description:

Holding strong during Covid-19! Divine Wine Cork & Fork is a true gem located on Main Street in the heart of Idaho’s fastest growing community, Meridian, ID. Over the last four years, this restaurant has become a Cheer’s-like customer favorite with exceptional on-line reviews. The restaurant boasts a full dinner menu of American classics such as seared scallops, crab cakes, filet mignon, lobster, specialty salads, luscious desserts and, of course, an elegant selection of hand-chosen wines. The kitchen is currently running at 27-30% food cost.
The restaurant is 2,500 SF with an additional 400 SF upstairs for gatherings and enjoying cigars. Features an attractive warm décor with intimate indoor dining, bar seating and an expansive patio surrounded by finely manicured landscaping and shaded by a 150 year old black oak tree. The property has plenty of private parking as well as on street parking. Current ownership hosts live music three times a week on the patio (80+ seating capacity) in the summer and indoors (seating for 60) during the winter months.
This is a prime opportunity for an experienced restaurant operator to step in and continue to build on the excellent reputation that this business has earned.
The purchase price includes all recipes, some equipment, website, training period and non-compete agreement.
Purchase does not include wine in stock. (negotiable)
Business owner is willing to carry with $30,000 down at 8% for 48 months ($2,685/month).
Property owner is open to offers.
Lease in place is $2,967/month. CAMs are $187.43

PRICED TO SELL!!! Owner needs to take care of his mother in Seattle.
Profitable! $5,000-$8,000/month profit.
Well established with fantastic reviews.
Great central location.
Low food costs.
Ample parking.

Presented by:

Glenda  Keeney-Gibson

Director

(480) 629-5300

(602) 622-0818

Click here to email

Listed by:

Keller Williams Realty Boise

Boise

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