Offered for only $99,000 with 14 years lease remaining as a 6,700 square feet remodeled Bar & Restaurant seating over 200. There is so much scope to improve and grow this business that an experienced operator should be delighted with such an opportunity for this low price and at low monthly rent. The remodel included hard floors, wood walls and river rock with a new kitchen. The bar serving many craft beers, 12 on tap and an ABC type 47 hard liquor license all included. This could be a great venue for live music with 12 seats at the bar and a further 60 at high & community tables with TV's, a projector TV and sports memorabilia on the walls. The main dining room with it's combination of booths and tables seats 160. All hard floors for ease of maintenance and ample light from the large windows offering a unique view. A separate banquet room for 60 completes the front of house. The kitchen is awesome. Brand new equipment to include; 1 walk-in box, 1 freezer box, (both Landlord owned) 2 flat grills, 2 char-broilers, 4 fryers, 1 cheese melter, 1 convection oven (double cabinet), 2 alto-shams (double cabinets), 1 Alto-sham single cabinet, 2 cold boxes (sandwich tables), Built-in stainless cold drawers and freezers (entire kitchen), 2 slicers, 2 Choppers, 1 food processor, 3 microwaves, 4 warmers, 31 feet hood system, 12 feet prep hood system, 2 stainless prep tables, 1 prep sandwich table, 1 prep sink, 1 3-comp dish sink, 8 POS monitors, 1 soup kettle, 1 mixer 40 qt & 2 smokers plus shelves and all small wares included. This is an amazing place for such a low price. To receive more information and discuss this opportunity with the broker please complete the 'Non Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with some financial information, lease & full list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationInc
  • Established2000
  • Current Owner2013
  • Employees28
  • Reason For SaleOther Interests

Facilities

  • Seating245+
  • Square Feet6679
  • Parking100+
  • LicensesHealth, Business & ABC Type 47 Hard Liquor License
  • Open HoursSunday - Thursday 10:30am - 11pm - Friday & Saturday 10:30am - 12am

Lease

  • Rent$8,683
  • Expiration2023
  • Yearly Increase3%
  • OptionTwo 5 year Lease Options
  • Deposit$8,683

Financials

  • Monthly Revenue$108,333
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,300,000
  • 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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