This business had been pre-qualified for an SBA loan and with 25% down the bank will finance the remaining balance. A long established restaurant and bar with a strong reputation in the area for excellent food and service. The restaurant has an open air feeling with a comfortable dining room and separate bar lounge area., There is a well equipped kitchen, prep kitchen, wine room, liquor storeroom, storage rooms, mangers office, chefs office, 2 ADA restrooms and employees restroom. Some of the equipment includes: several type 1 hoods with fire suppression systems, 2 double basket fryers, 4' flat grill, 2 - 6 burner units over ovens, 6 under counter refrigerator drawers, 3 under counter refrigerator doors, 4 door under counter refrigerator + sandwich station, 4' drop-in freezer, 2 full door freezer, 2 walk-in refrigerators, 2 full door freezer, 4 ice bins, 3 glass door under counter refrigerator, 2 -1 door under counter refrigerator,s POS system, 2 hand sinks, 4 convection ovens, 2 stock pot burners, 4 & 6 burner units, 2 -2 compartment sinks, ice cream machine, waffle iron, Robot Coupe, slicer, full door refrigerator, 2 flat screen TV's plus audio system, dishwashing sink + rinse hose, 16 employee lockers, 2 bread drawer warmers, espresso machine and coffee maker, etc. NO BROKER COOP.

General Info

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

Facilities

  • Seating250 approximately
  • Square Feet5,629
  • ParkingParking Lot
  • LicensesBusiness, ABC Type 47 (hard liquor)
  • Open Hours7 l Lunch & Dinner

Lease

  • Rent$27,063 all inclusive
  • Expiration12/31/2027
  • Yearly IncreaseCPI
  • OptionNegotiable
  • DepositContact For Info

Financials

  • Monthly Revenue$353,602
  • Monthly Cash Flow$41,503
  • Annual Revenue$4,228,632
  • Annual Cash Flow$342,030
  • 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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