This beautifully designed Ale House was built at a cost of approximately $1 million within the last couple of years. It is located in a prime location on a major thoroughfare with great visibility and easy access. It has large windows wrapping the perimeter of the space with a very attractive decor and has an open airy feeling.. The dining room has tables and chairs and a long redwood counter top and there is an outdoor seating area. It has a long term lease with a 10+ year base term and two - 5 year options and the rent is spelled through the entire term. Some of the equipment includes as follows: full door glass freezer, 2 - 2 drawer under counter refrigerators, 2 pannini presses, coffee maker, 3 compartment sink, food warmer, 2 hand sinks, 2 under counter dishwashers, Alto Sham oven, utility sink, ice maker, walk-in refrigerator, microwave, POS system, 23 taps, ice bin, microwave and 3 compartment sink, etc. There are two ADA restrooms and storage areas.

General Info

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

Facilities

  • Seating75 + 15 on patio
  • Square Feet2,187 + Patio
  • ParkingStreet & Public Parking Lots
  • LicensesBusiness
  • Open Hours7 / M-Th 11:30a-9:30p; SA: 11:30a-10p; S: Noon -8p

Lease

  • Rent$4,738
  • Expiration12/2027
  • Yearly IncreaseFixed increases
  • Option2 - Five Year Options
  • DepositContact For Info

Financials

  • Monthly Revenue$75,441
  • Monthly Cash FlowContact For Info
  • Annual Revenue$905,296
  • Annual Cash FlowContact For Info
  • Payroll$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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