This totally turn key, Eagle Rock area restaurant & bar for lease on Colorado Blvd with 2 story building is waiting for your concept. Two separate dining areas, bar & seating for 70. Formerly the swanky Red Herring dinner restaurant. Complete with first floor entry, u shaped wood bar, street side tables, banquete seating, wood tables & chairs. plus, super clean and well equipped kitchen with 12 foot hooded cook line, refrigeration, kegerator. Upstairs features a large open dining area, with tables & chairs, piano and large windows that provide a fresh & airy dining experience. Perfect for private parties. Includes storage room, office. Comes with 4 parking places in back. Valet parking available out front. Outdoor storage shed. Some equipment includes: 12 ancil hood, 2- 3 door refrigerators, 2 door freezer, single door freezer, undercounter refrigeration, 5 ft refrigerated prep table, double fryer, 6 burner stove with oven, 4 burner stove with oven, pressure cooker, ice maker, coffee maker, kegertor 4 tap system, grease interceptor, 2 door beverage cooler, bar stools, tables, chairs, heat lamps. Landlord to issue new 5 or 10 year lease with favorable terms, plus options for good operator.

General Info

  • OrganizationContact For Info
  • Established1998
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleContact For Info

Facilities

  • Seating70
  • Square Feet2816
  • Parking4 spaces in back. Valet possible
  • LicensesCity Business License, Health Dept Permit, ABC License
  • Open HoursContact For Info

Lease

  • Rent$7,500 gross
  • Expiration5 or 10 years
  • Yearly Increase2.5%
  • Option3, 5 or 10 year options available
  • Deposityes

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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