This is a beautifully remodeled restaurant located in a popular and active downtown area. The space is a very manageable 1,260 sq ft, with a fully built out kitchen, great inward and outward visibility, and all glass, corner situated frontage. There is a covered outdoor patio seating area which is ABC approved for beer and wine service. The Interior is inviting with vibrant wall and lighting elements, and table seating accommodate 30 customers inside, and about 16 on the attractive patio. There is a front service counter with POS terminal, single glass door beverage merchandiser and a 2-door keg fridge with taps. The kitchen area features a 9' type one hood, 6-burner range with oven, a 3- flat griddle, 20 qt commercial mixer, 3-pan steam table, 3-door under counter fridge, 1-door sandwich prep fridge, another glass door beverage merchandiser and multiple stainless prep tables. There is some leased equipment including an ice machine, dishwasher, deep fryer, 2-door reach-in and 1-door freezer. Sinks include a 3-compartment, single prep sink, glass washing sink with power spray, hand sink and a mop sink in a dedicated closet. Several floor sinks for drainage are in place, which allows for great versatility to re-configure the kitchen. There is sufficient storage with wire rack shelving units and stainless wall shelves. The premises is wheelchair accessible and has one ADA restroom. The existing business name, menu and recipes are no for sale. This is an opportunity for Buyers to take over the premises with all equipment, tenant improvements, ABC beer and wine license and assume the favorable lease. This is an excellent location opportunity for a start up business, or for an existing business looking to expand with another location. A breakfast & lunch menu concept would work really well here. These small to medium sized restaurants are hard to find. This one is particularly attractive given the visible, high traffic location, effective layout and configuration, and the recently remodeled kitchen and interior. The monthly rent is $4,560, plus tenant pays their share of water and garbage.

General Info

  • OrganizationContact For Info
  • Established2011
  • Current Owner2011
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating30 inside, 16 outside
  • Square Feet1,260
  • ParkingStreet
  • LicensesBusiness, Health, ABC Beer & Wine
  • Open HoursDaily 11a-9:3-p

Lease

  • Rent$4,560 + water, garbage
  • ExpirationNov. 1, 2021
  • Yearly Increase4%
  • OptionNegotiable
  • Deposit$4,000

Financials

  • Monthly Revenue$25,000
  • Monthly Cash FlowContact For Info
  • Annual Revenue$300,000
  • 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.

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