This restaurant is located on a main street in a desirable town with high end demographics. It sits between two very successful restaurants that generate sales between $4 million to $5 million each. There is upside for this restaurant as it is currently open only six days a week so there is upside for increased sales and profits by opening an additional day and expanding the hours of operation. There are two outdoor seating areas and one is fully covered and has heat lamps and is used year round. There is a display kitchen and the dining room has an open air feeling with glass windows throughout with a combination of tables and chairs and banquette seating. There is also a dishwashing area, new ADA restroom, employee restroom and a basement area that has a storage area, office area and prep area. Some of the equipment includes as follows: 15' type 1 hood with fire suppression system, 6 burners over oven, 4 burners, convection oven, 2 small pizza ovens, double basket fryer, pasta cooker, 3 door undercounter refrigerators (2 with sandwich stations), POS system, Robot Coupe, slicer, counter model mixer, floor model mixer, mop sink, 3 compartment sink, dishwasher, dishwashing sink + rinse hose, 2 grease traps, floor sink, 15 employee lockers, ice machine, 2 compartment sink, 2 walk-in refrigerators and 2 hand sinks, etc. The owner is selling as he owns another non-restaurant business which keeps him from spending the time necessary to expand this business.

General Info

  • OrganizationContact For Info
  • Established2016
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating48 inside + 44 outside
  • Square Feet2,200 + patios + basement
  • ParkingContact For Info
  • LicensesBusiness, ABC Type 41 (beer & wine)
  • Open HoursClosed Monday and Lunch & Dinner Daily

Lease

  • Rent$10,300
  • Expiration6/20/2026
  • Yearly IncreaseFixed increases
  • Option2 Five Year Options
  • DepositContact For Info

Financials

  • Monthly Revenue$96,409
  • Monthly Cash Flow$9,833
  • Annual Revenue$1,156,913
  • Annual Cash Flow$117,996
  • 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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