This restaurant has been newly remodeled and is located in a highly visible location on a major thoroughfare. The dining room has an open airy feeling with glass windows wrapping the perimeter of the building with tables and chairs, banquette seating, some counter seating and tile floors. There is a display kitchen, prep kitchen, dishwashing area, 2 ADA restrooms, several storage areas and an employee changing area with 10 employee lockers . Some of the equipment includes as follows: 9' type 1 hood with fire suppression system, 2' char grill, 6 burners over oven, double basket fryer, 2 stock pot burners, 3 door undercounter refrigerator + sandwich station, 4 hand sinks, specially designed gas pizza oven, 3 - 3 door undercounter refrigerators , 2 glass door undercounter refrigerator + 2 taps,, 2 - 3 compartment sinks, dishwashing sink + rinse hose, 2 ice bins, salamander, full door refrigerator, full door freezer, floor model mixer, 3 compartment steam table, sheeter, mop sink, 1 door undercounter refrigerator, utility sink and walk-in refrigerator, etc. The restaurant is only 5 nights a week between 5:30p to 8:30p or 9:30p so there is upside for an additional two days of business and lunch and brunch business daily. The first 5 year option rent is adjusted 2% per year including the first year of the option.

General Info

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

Facilities

  • Seating69 + 12 outside seats
  • Square Feet2,500
  • ParkingStreet and public parking lot
  • LicensesContact For Info
  • Open Hours5: W-S: 5:30p-8:30p/9:30p

Lease

  • Rent$7,500 all inclusive
  • Expiration9/30/19
  • Yearly IncreaseFixed
  • Option2 Five Year Options
  • DepositContact For Info

Financials

  • Monthly Revenue$47,667
  • Monthly Cash FlowContact For Info
  • Annual Revenue$572,000
  • Annual Cash FlowContact For Info
  • Payroll$Contact 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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