This handsome restaurant is located in a highly desirable area surrounded by higher-end retail, restaurants and entertainment with high foot traffic. This restaurant was tastefully rebuilt in 2010 and remodeled in 2016. It features a warm and inviting entry, attractive wrap around bar that seats 20 comfortably (perfect for happy hour) and beautiful courtyard patio that seats 60. With handsome furnishings, the open dining room seats 110. Two private dining rooms seat 25 & 10 guests. With climate control, walk in, floor to ceiling wine storage room, 2 kitchens, the main kitchen features an 18ft. cook line with 18ft. hood, 2 Imperial 6 burner stoves w/ovens, salamander, double fryer, 3 ft. grill, double steam table, double American Range kettle, Garland stacked oven, double Panini grill, 2, 6ft. refrigerated prep work stations, microwave, metro shelving, 12ft. stainless steel beverage station, triple door True beverage refrigerator. Separate dishwashing area with triple sink, and rinse sink. Prep kitchen features: double door low boy freezer, Hoshizaki ice machine, walk in cooler, Turbo Air freezer, Hobart slicer, Hobart counter mixer, ice cream machine, double sink, work tables, shelving and dry storage. Grease trap. POS system is negotiable. Type 47 ABC License. Private office, Valet parking. Excellent reviews! Perfect for established restaurateur. NAME NOT INCLUDED IN SALE. Ample city parking.

General Info

  • OrganizationContact For Info
  • Established2010
  • Current Owner2010
  • Employees40
  • Reason For SaleOther Interests

Facilities

  • Seating160 indoor, 60 patio
  • Square Feet4700 plus patio
  • ParkingPulic lot and Valet
  • LicensesContact For Info
  • Open HoursSun-Thurs 11:30-9:30, Fri-Sat 11:30-10;30

Lease

  • Rent$24,900 all inclusive
  • Expiration2021
  • Yearly IncreaseContact For Info
  • Option2 five year options
  • DepositContact For Info

Financials

  • Monthly Revenue$150,000
  • Monthly Cash Flow$12,917
  • Annual Revenue$1,800,000
  • Annual Cash Flow$155,004
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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