This is a high volume, regional franchise restaurant located in a free-standing building for $3.9 million including the real estate. Pre-qualified for SBA long term 25 year finance to well qualified buyers with good credit. Spacious dining room, private party room with seating for 200 plus a comfortable covered patio seating a further 50 and 16 barstools. The interior features a grand high ceiling along with unique décor and cool lighting. The menu selection is American complete with soups, salads, appetizers, sandwiches, burgers, pizzas, steaks, seafood, pastas, desserts and more. ABC Type 47 full license included so the beverage selection features 40 beers on tap, private label wines along with a full array of cocktails and premium top shelf liquors. The kitchen is fully appointed with a 20ft Type 1 Hood with fire suppression system, deep fat fryers, flattop, broiler, Stoves with ovens plus refrigerated worktops and walk-ins. The entire property is richly appointed with woods, brass, copper, stainless steel, masonry and the grounds are fully landscaped. The setting is well suited for all types of occasions such as special events and parties for children and adults, upscale banquets as well as business lunches and casual gatherings. This establishment is part of a regional franchise and is one of the newest and a flagship location. The franchise offers benefits such as fully negotiated vendor deals, training, brand recognition, menu design and development and a formula for success. Besides these benefits, each owner has the freedom to offer menu items and promotions to satisfy the local market. This flexible franchise approach makes this the ideal opportunity and combination of stability, creativity and growth. This business/restaurant/real estate package has been reviewed and pre-qualified for special financing. This financing could include an SBA package for a qualified buyer. 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 full 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

  • OrganizationContact For Info
  • Established2016
  • Current Owner2016
  • Employees48
  • Reason For SaleOther Interests

Facilities

  • Seating216 + Large Patio for 50
  • Square Feet6800 + 1600 Patio
  • Parking100
  • LicensesHealth, Business & ABC Type 47.
  • Open Hours11.00am - 9.00pm Sunday-Thursday, Friday & Saturday 11.00am - 10.00pm

Lease

  • RentReal Estate Included
  • ExpirationReal Estate Included
  • Yearly IncreaseReal Estate Included
  • OptionReal Estate Included
  • DepositReal Estate Included

Financials

  • Monthly Revenue$228,750
  • Monthly Cash Flow$33,419
  • Annual Revenue$2,745,000
  • Annual Cash Flow$401,031
  • Payroll$69,094

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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