A unique opportunity to purchase a waterfront restaurant and bar plus the real estate including a boat ramp and parking lot. This restaurant has a large bar area and a cocktail lounge which holds 50+ with fire place and long bar with 14 bar stools. There is an indoor dining room and the outdoor seating area with a combination of tables and chairs and banquette seating and the outdoor seating area overlooks the water that seats 50. There is a full kitchen and some of the equipment includes as follows: 17' type 1 hood with fire suppression system, double basket fryer, 4' flat grill, 3' char grill, 6 burners over oven, 4 compartment steam table, 3 full door refrigerator, 3' drop-in freezer, counter mixer, 3' salamander, slicer, microwave, ice machine, 3' drop in freezer, 2 full door freezer, walk-in refrigerator, 2 compartment sink and rinse hose, 3 glass door under counter refrigerator, ice Hamilton Beach mixer, single milkshake spindle, hand sink, ice bin, POS system, coffee maker, 2 glass door under counter refrigerator with 12 taps on top, under counter dishwasher, 2 compartment sink, hand sink, 3 compartment sink, 1 group espresso machine and 2 full door glass refrigerator, etc. The business has been closed for several months as the former operator tenant passed away and past sales were as follows: 2019 -$1, 239,856; 2018 - $1,397,142 and 2017 - $1,342,957 . Showings will be made by appointment to qualified buyers.

General Info

  • OrganizationContact For Info
  • EstablishedContact For Info
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating125 approx inside + 50 outside on deck
  • Square Feet2,832 + outdoor seating area; lot is 5,712
  • ParkingParking lot and street parking
  • LicensesBusiness, ABC Type 47 ( full liquor)
  • Open HoursContact For Info

Lease

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

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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