This excellent opportunity allows a buyer to continue operating an established, well known restaurant, with its popular menu and concept, business name and loyal clientele. The premises corner location is quite visible, and benefits from constant pedestrian and motorist traffic. The location is in a desirable neighborhood, with mixed residential and commercial use, and parking is not an issue. The interior has lots of natural light and good visibility to the street, but still retains a cozy ambience, with tables and chair seating for 30, plus 30 additional table seating outside. There is a semi open kitchen layout with menu expediting counter between servers and line kitchen crew, and a separate server station area for beverage service and storage. The efficient kitchen includes a 7' type 1 hood, 6-burner range with oven, char grill, double fryer, 2-door salad prep unit, 2-group espresso machine with a doser grinder, 1-compartment prep sink, grease trap, hand sink and floor sink. There is an adjacent prep room off the kitchen with food processor, blender and juicer equipment, and additional refrigerated storage units. The back of house has a 3-compartment sink, a 1-door freezer and three glass door reach-in units, commercial slicer, ample wire rack shelving units, and a large rear pantry & office area for dry goods, wine and beverage storage. This location is ideal for a hands on owner chef or a partnership looking to take over an established profitable going concern, or create a new business model and purchase the equipment/assets, assume the lease and transfer ABC beer & wine license. Check out this excellent location, very manageable premises and layout, all in an efficient, user friendly configuration.

General Info

  • OrganizationContact For Info
  • Established2013
  • Current Owner2013
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating30 inside, 30 outside
  • Square Feet1,000 inside
  • ParkingStreet
  • LicensesContact For Info
  • Open HoursTues-Fri 6p-9p, Sat/Sun 9a-2p

Lease

  • Rent$4,500 all inclusive
  • ExpirationApril 2020
  • Yearly IncreaseContact For Info
  • Option5 years
  • DepositContact For Info

Financials

  • Monthly Revenue$46,000
  • Monthly Cash Flow$7,300
  • Annual Revenue$550,000
  • Annual Cash Flow$88,000
  • 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.

Location