This one of a kind, beautifully appointed, full service, French bistro is turnkey and ready for your magic touches. So much upside here, you have to see it to believe it! It's located in a busy UTC shopping center and surrounded by office buildings, expensive town-homes, apartments, and the Westfield Mall. The shopping center is beautifully designed and has a variety of successful restaurants. The restaurant is centrally located within the shopping center with an expansive outside patio. The owner began as a manager of the establishment and supervised it's growth from 2012 through 2015. The manager purchased the restaurant in 2017 and opened in 2018. Health matters require retirement and sale. A partial list of the furniture, fixtures, and equipment included with the purchase follows: "Turbo Air" cooler showcase; "True" brand cooler glass case; "True" brand (5) tab beer cooler; Large coffee display; Espresso machine; Hood with Ansil system; Coffee machine, dishwasher, "True" brand 2 door cooler; "True" brand 2 and 3 door sandwich coolers; Tall single door freezer; table freezer; 3 compartment sink; 1 compartment sink; stainless steels tables and shellves; beautiful wood wine display; TV screen; 10 wooden tables; 3 small black gueridon; 6 high gueridon;28 wood chairs; 14 bar stools; ice machine, 16 arm chairs, 7 iron tables, 6 umbrellas, misc. kitchen utensils, cutlry, flatware, glasses, and more. Back of the house by appointment only. Employees unaware of sale. Revenue is annualized from Jan-Jun 2019 Profit and loss statements.
- Current Owner2017
- Employees4 FT; 2 PT
- Reason For SaleRetirement
- Seating50 interior; 16 patio
- Square Feet1260
- ParkingUnreserved within shopping center
- LicensesABC 41; Health Permit; City Business Permit.
- Open HoursM-Sat 7:30a-9p//Sun 7:30a-4p
- Rent$8,500 (includes NNN)) + utilities.
- ExpirationJan 30, 2013
- Yearly Increase3% fixed
- Option1 x 5 with 3% fixed increases
- Monthly Revenue$35,000
- Monthly Cash Flow$3,000
- Annual Revenue$416,418
- Annual Cash Flow$35,798
- Payroll$Contact For Info
- 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.