SOKOL & ASSOCIATES SOKOL & ASSOCIATES. Proven Success and Experience in Selling Business Proven Success and Experience in Selling Business

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1 SOKOL & ASSOCIATES Salt & Pine 250 S High st Columbus Oh Business for Sale $375,000 1

2 AREA SUMMARY 2 This building sits on High St with parking garage attached, across from Hotel, across the street from new apartment complex and another multi use building (proposed). This is within walking distance of 3 courthouse buildings, the state house, 3 Theaters, and a large downtown park. The other new buildings are at capacity with restaurants, bar, and other retailers. The workforce within ½ mile of this location is over 49,000 and about 5000 residents living in this area. This area is very vibrant with Ohio Theatre plays, concerts, and events. With the Columbus Commons having concerts, Fallspring-summer events. The Statehouse and other state & federal buildings. Several Hotels with in walking distance. And the area build up of apartments, condo s, and office space.

3 BUSINESS SUMMARY 3 This restaurant was built in an empty space costing over $1.3 M with $375,000 of that being for fixtures, furniture, & equipment. This concept started as a very upscale restaurant that tried to take advantage of any Foodies living in town. Then decided that this just didn t work in Columbus. This concept is the wrong one for the area, and the owners have decided to expand another concept they have. The restaurant is truly a work of Art with the dining room & bar area being very attractive and warm. The fixtures, furniture, and equipment are all in absolutely excellent condition. The restaurant has 3/10 Hoods with suppression, 2 walk in coolers, very professional grill & prep kitchen, Bar area, several dining areas, and a patio Facts of building located in- Floors 1-6 leased out with 600 employees Floors 7-12 has 120 apartment rented to 180 residents

4 Business: Salt & Pine BUSINESS SUMMARY Address: 250 S High St Columbus Financials: No financials Year Established: Opened Nov Lease: Ends in 2024 with 4/5 year options Restaurant Size: 7034 sq ft **can shrink this space to 4000 if smaller footprint is required. Lease lowered accordingly Monthly Lease: $11,500 monthly CAM: $2400 month Parking: Street & Parking Garages Service: Full Service Seating: 147 with 20 on patio Included in Sale: Fixtures, furniture, equipment & full liquor permit Hours of Operation: Mon-thur Fri Sat Sun 11am- 10pm 11am-11pm 4pm- 11pm Closed 4

5 PICTURES 5

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7 PICTURES 7

8 Asset List 8 18 bar chairs 18 counter chairs 54 chairs 3 large wood banquettes 28 tables 12 wood booth seats 4 wine stands 1 wooden wine shelving 1 coat rack 2 glass reach in refrigerators 1 pos with 4 terminals & 8 printers 1 custom SS table w/ice bin/handsink/water filler 1 coffee grinder 1 cappacino machine 1 2 door reach in cooler 2 chest freezer 2 ss tables 1 table top hot plate 1 10 beer tap system 3 ice bin w/speed rails 3 SS glass rack 4 hand sink 4 wooden glass racks 1 4 compartment bar sink 1 double sided reachin cooler 1 1/2 size reach in refrigerator 2 couches 4 upscale chairs 1 custom customer counter 1 custom customer counter w/shelving 1 Rice warmer 1 sushi display case 2 chef base refrigerators 2 SS tables w/shelving 1 ice bin 1 counter top steamtable

9 Asset List 9 misc 4 tray holders 1 wooden ladder 3 2 door reach in cooler 1 fax 1 electrical tower 1 single door reach in 1 charbroiler 2 refrigerated drawer stands 1 8 burner stove 1 salmander 1 grill 2 fryer 1 steam jacketed kettle 1 double convection oven 1 convotherm 1 slicer 1 vacuum pac machine 2 sousvine 1 conveyor toaster 1 bev air reach in 1 SS shelving w/doors 1 luxis coffee machine 1 ice tea 5 coffee urns 4 tall mobile cart for sheet pans 8 SS tables 3 chef base 1 ice machine 1 SS table with can opener 1 SS table with veg sink 1 veg sink 1 3 compartment sink 1 robo coupe 1 mixer table mixer 1 LEASED ITEMS DISH MACHINE & MICROS POS pots.pans.silver.utensils.dishware.glasses.shelving units

10 Happening In The Area 10

11 SOKOL & ASSOCIATES Traffic Count/location 11

12 SOKOL & ASSOCIATES In The Area within walking distance Court Houses Hotels right next door New Apartments across street Proposed Multi Use Building across Street 12

13 SOKOL & ASSOCIATES Buildings Just North of Salt & Pine Court Houses Hotels right next door New Apartments across street Proposed Multi Use Building across Street 13

14 SOKOL & ASSOCIATES Columbus Commons Park & Greenspace 14

15 SOKOL & ASSOCIATES DEMOGRAPHICS 15

16 SOKOL & ASSOCIATES DEMOGRAPHICS 16