477100 US-95, Ponderay, ID 83852

$250,000

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Property Description

Well-established Restaurant with High exposure US HWY 95 Frontage! ITD's traffic data shows 16,669-19,642 daily passing traffic count in 2025 In the process of getting a Beer & Wine License Flavors of Phoenicia is a well-established, highly rated Mediterranean/Lebanese restaurant located in the rapidly growing Ponderay/Sandpoint area of North Idaho. With consistent sales, a strong customer base, and a 4.8/5 rating, this turnkey business is ideally positioned for new ownership at a time of exciting local economic expansion. The restaurant will also be featured in the Schweitzer Mountain Properties (SMP) development magazine and online at its one-year anniversary - providing powerful brand exposure to the Schweitzer-area community and investors. - Solid financials with real profit and optimized cost structure - High 4.8/5 star rating across Google, Yelp, and delivery apps - Owner willing to stay on for 2 weeks of hands-on training - Transferable lease in a prime location with included equipment - Unique cuisine with limited local competition Major Local Developments Enhancing Value: - Amazon warehouse project bringing ~150 jobs - Schweitzer Mountain Resort expansion (new lifts, trails, ski village) - $70M City Beach hotel redevelopment breaking ground 2025 - Significant new housing and mixed-use developments underway - Improved public infrastructure, roads, and bike/pedestrian access

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Listing courtesy of SARMLS / Berkshire Hathaway HomeServices Jacklin Real Estate