This beautifully designed restaurant and bar was built out at a cost of over $750,000. The restaurant includes a comfortable dining room with an open airy feeling with a combination of banquette seating and tables and chairs, a separate bar area that has 19 bar stools, a display kitchen, a prep kitchen, dishwashing area with dishwashing sink + rinse hose, several storage areas, an office and 2 ADA restrooms. Some of the equipment includes as follows: 26' & 5' type 1 hoods with fire suppression systems, 4 full stack special purpose ovens, 3 door undercounter refrigerator + sandwich station, 6 undercounter refrigerator drawers + sandwich station, 4 undercounter refrigerator drawers + sandwich station, 7 hand sinks, 2 undercounter refrigerator drawers + sandwich station, 2 - 2 door undercounter refrigerators (1 with sandwich station), 2 double basket fryers, 6 burners over oven, pasta cooker, 3' chargrill, food warmer, full door freezer, 4 - 1/2 glass door refrigerator, POS system, 3 large screen TV's, 4 ice bins, 3 glass door undercounter refrigerator, 2 -3 compartment sinks, 2 glass door undercounter refrigerator, 16 taps, 4 door undercounter refrigerator (1 door is glass), 2 convection ovens, floor model mixer, 2 compartment sink, large walk-in refrigerator, 2 stock pot burners and ice machine, etc. The base rent is fixed for the first three years with increases only in the fourth year (years 4-7 is fixed) and base rent is increased in 8th year (years 8-10 is fixed). A new restaurant food concept with a heavier emphasis on the bar could take this to a $3 million+ sales operation and the current name and proprietary items are not included.

General Info

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

Facilities

  • Seating123 + 30 & 50 in outdoor seating areas
  • Square Feet4,130 + 2 outdoor seating areas
  • ParkingParking lot
  • LicensesABC Type 47, Health and Business
  • Open Hours7 / Lunch & Dinner

Lease

  • Rent$12,390
  • Expiration5/2027
  • Yearly IncreaseFixed increases see narrative
  • Option2 Five Year Options
  • DepositContact For Info

Financials

  • Monthly Revenue$158,333
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,900,000
  • 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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