American fine dining is served up in this extremely comfortable restaurant & bar with a handsome, rustic/industrial décor, beautifully lit bar and open floor plan. Includes retail sales with butcher case, oyster bar, lobster tanks and To Go items. Serving high quality steaks, seafood, craft cocktails & outdoor BBQ with stellar reviews & loyal clientele! The ample outdoor space allows for Al Fresca dining and weekend BBQ's which accounts for their strong sale thru Covid. This is an absentee owner/manager run business. Features a well-equipped kitchen with newer plumbing, electrical, gas lines and 2 new AC units. Sale includes: ABC Type 47 license, POS system, sound system, security system, large walk-in cooler & walk in freezer. 24 foot hooded cook line plus: 6 burner stove w/oven, 4 burner stove w/oven, 36" grill, meat smoker, 2 6ft. refrigerated prep stations, 4 ft refrigerated prep station, 5 foot wood burning grill, 2 fryers, 2 six foot refrigerated butcher cases, 4 foot butcher case, lobster tank, oyster bar, band saw, meat grinder, vacuum sealer 3 butcher block tables, scale, stacking ovens, water filtration system, coffee maker, 2 bar wells, 3 back bar coolers, 180 bottle wine cooler, 8 tap kegerator. Custom tables, chairs, bar stools, outdoor umbrellas and fencing. Bonus area includes office, additional 400 sq. ft dry storage & liquor room. and massive shared ice machine.

General Info

  • OrganizationContact For Info
  • Established2018
  • Current Owner2018
  • Employees15
  • Reason For SaleOther Interests

Facilities

  • Seating250
  • Square Feet4000
  • ParkingLarge parking lot
  • LicensesCity Business License, Health Department Permit, ABC liquor license
  • Open HoursClosed Mon-Tues, Wed-Thurs 11AM-7PM, Fri-Sat 11AM-8PM Sun 11AM-2PM & 5PM-9:30PM

Lease

  • Rent$14,000 with cams
  • Expiration2024
  • Yearly IncreaseContact For Info
  • Option2-5 years
  • DepositYes

Financials

  • Monthly RevenuePre-Covid-$291,801 Covid-$198,458
  • Monthly Cash FlowPre Covid-$31,375 Covid-$22,085
  • Annual Revenue$3,501,612
  • Annual Cash Flow$376,498
  • 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.

Location