Event Restaurant/Sports Bar/Entertainment Venue with Full Bar and multiple specialty spaces is looking for a new owner or an investor. Complete with full kitchen and small walk up kitchen to outside. Location is unheard of so for many local activities, all within short walking distance. A corporate chain restaurant could capitalize on the extremely under-market rent in this desirable area. With Minor changes the concept could be built upon or made anew. You have to see this space to be able to grasp the enormity of it. If you are an investor then most of the work is already done for you. For an $800K investment you could be a managing partner working with the highly experienced current working owner who is willing to put together a plan that works for you both. This partnership could be silent, part time or full time. Superb basis to build from. Fill out the NDA at the top of this page to get more information and to speak to the listing agent.

General Info

  • OrganizationContact For Info
  • Established2016
  • Current Owner2016
  • Employees15
  • Reason For SaleContact For Info

Facilities

  • Seating200
  • Square Feet8500
  • ParkingParking Lot
  • LicensesType 47 Liquor license/Health/Business
  • Open HoursM-W 12pm- 11pm/ Th-Fri 12pm-1am/Sat 11am-2am/Sun 11-11

Lease

  • Rent$7,600 + NNN
  • Expiration8/31/19
  • Yearly Increase$1000
  • Option(3) 5 year options
  • Deposit$8,600

Financials

  • Monthly Revenue$100,000
  • Monthly Cash FlowAsk Agent
  • Annual Revenue$1,200,000
  • Annual Cash FlowContact For Info
  • 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