Built in 1878 and modernized to the tune of $2.5 million, this fully modernized lease opportunity is a ready to go Restaurant/Bar space consisting of a First Floor (with fixed Bar) 3130 sq. ft inside & 1166 outdoor Patio off the Bar plus 1088 sq. ft Deck & 980 sq. ft Private room, Total inside 4110 sq. ft with a Total Outside of 2254 sq. ft. Second Floor 2680 sq. ft inside, 2550 outdoor Patio with an additional front Patio on Maple St and a 1088 sq. ft Deck. Total inside 2680 sq. feet, Total Outside 3638 sq. feet. Both the first and second floor have their own entrance and kitchen so could be easily split into two separate restaurant spaces and styles. One operator could have 6790 sq. ft indoors with a further 7058 of useable Patio. The owner is open to either a negotiable long lease (and provide some finishing TI's to suit) or an outright purchase of the real estate. This is a beautiful space full of character located in 'Old Town' Auburn right in front of the historic court house. Maintenance will be extremely low moving forward as the owner has renewed every part of this building up to 2020 code including all ADA requirements. The first floor Bar is an absolute 'Cheers' bar with old brick walls, dark wood with its own stairwell and awning plus extra private room & large Patio. Complete with compact kitchen and huge outside walk-in. The second-floor space has an open airy feel with large rear patio and multiple StreetSide front and side patios. Complete with fully fitted kitchen with large walk-in fridge/freezer. The whole place has been modernized to the very highest standards and now has a light airy feel inside a character facade, lending itself to become the best bar & restaurant hangout in the city. To receive more information and discuss this opportunity with the broker along with the broker's referrals for a long-term SBA loan solution please complete the 'Non-Disclosure Agreement' on our website and we'll send you the full plans & a list of equipment included with the lease. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationLLC
  • EstablishedContact For Info
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleContact For Info

Facilities

  • SeatingContact For Info
  • Square Feet6790 + 7058 Patios / Would Split easily
  • Parking50+ & Street
  • LicensesHealth, Business and ABC
  • Open HoursContact For Info

Lease

  • RentTo be Negotiated
  • ExpirationTo be Negotiated
  • Yearly IncreaseTo be Negotiated
  • OptionTo be Negotiated
  • DepositTo be Negotiated

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • 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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