Handsomely remodeled 3800 sq. ft. full-service restaurant & bar with large patio, full liquor & live music. Located in a prime shopping center with below market rent! Features a large bar with 16 beers on tap, inviting décor, wall booth seating, high top tables and chairs plus, booth seating. Perfect for family dining, sports bar and happy hours. Serving up American and Italian fare daily for lunch and dinner. Including: burgers, steaks, pizza, appetizers etc. Seating for 102 indoors and 60 outside. Craft Beer sales makes up 30% of all sales! Offers a well- equipped kitchen with new equipment, walk in cooler, hooded cook line, POS system, sound and security system, plus storage. Highly visible patio with couch and table seating. Lots of foot traffic and ample parking. 10 miles from the beach. Can easily convert to a counter order restaurant. They also offer catering. Great reviews across the board. Well equipped kitchen includes; 2 hoods, double stacking pizza ovens, 2-double fryers, stove top with oven, grill, walk in cooler, salamander, refrigerated prep station, meat slicer. Separate dish washing area, storage area, prep area and office.

General Info

  • OrganizationContact For Info
  • EstablishedJanuary 2018
  • Current Owner2017
  • Employees20
  • Reason For SaleOther Interests

Facilities

  • Seating102 indoors 60 outside
  • Square Feet3800 sq ft. indoors, 900 sq ft patio
  • ParkingLot
  • LicensesHealth Department, City Business License, ABC
  • Open HoursSun-Wed 11:30-9pm, Thurs-Fri 11:30-10pm, Sat 11:30-12:30am

Lease

  • Rent$10,000
  • ExpirationJan 2022
  • Yearly IncreaseContact For Info
  • Option5 years
  • Deposityes

Financials

  • Monthly Revenue$104,979
  • Monthly Cash Flow$11,408
  • Annual Revenue$1,259,748
  • Annual Cash Flow$136,896
  • Payroll$$25,000

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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