$349,999
Ponderay, ID 83852
MLS# 25-7355
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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
Details
Maps
Documents
Contract Information
Status: Active
Listing Type: Business Opportunity
Area: North (Bonner & Boundary)
Neighborhood Grid #: 440
Begin Date: 2025-07-15
List Price: $349,999
Short Sale: No
REO: No
General Property Description
Realtor.COM Type: Commercial
Business Type: Restaurant
Business Name/Desc: Flavors of Phoenicia
Legal and Taxes
Personal Property Tax Bill/Serial #: 0329550
Parcel Number: 130004
Tax Year: 2024
Directions: Follow US95 to Ponderay GPS 477100 US-95, Ponderay, ID,83852
Remarks
Public Remarks: 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
Address
Street Number: 477100
Street Name: US-95
State/Province: ID
Postal Code: 83852
County: Bonner
Property Subject To
CC&Rs: No
BID: No
Non-Mtg Lien: No
LID: No
Miscellaneous
Sec: 3
Twn: 57N
Rng: 02W
Rng Dir: WBM
Business Info
Inventory List Available?: Yes
Inventory Included in Sale Price?: Yes
Equipment Included in Sale Price?: All
Gross Scheduled Income: $278,243.32
Years in Business: >1
Confidential from Employees?: Yes
Monthly Lease Amount: 4000
Property Features
Business Info: Non-Disclosure Agreement; Lease Renewable
Interior Features: Central Air; Fire Sprinklers; Security System; Storage
Exterior Features: Handicap Access; Paved Parking; Sidewalks
Terms Considered: Cash; SBA
Supplements
- 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
Exhibit E 
Food Permit 
Listing Office: Berkshire Hathaway HomeServices Jacklin Real Estate
Last Updated: July - 16 - 2025
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