Stake your claim on this downtown bar and grill with hard liquor license. This opportunity is introduced as a turn-key operation with an outstanding downtown location and lots of foot traffic. This absentee-owned bar and grill is generating solid sales of over $1,300,000 so far this year. The inside area is 3,700 sq ft and seats 90 people with 24 tables and 74 chairs in the dining room and bar. The patio is 1900 sq ft and can offer seating to at lease 50 guests. A partial list of equipment included is a 28 ft type one Captive Air hood with fire suppression system, Berkel 13 in auto slicer, large walk-in refrigerator, an upright 2 door freezer, two pit-co fryers, 24 inch flat-top grill, ten burner stove w/ovens, American Range AGBU-2 Double Deck Infrared Gas Broiler ($20,000), two double-stacked Vulcan convection ovens, robot coupe R2, multiple refrigerators with prep, three-compartment sink area. There are also 2 ADA restrooms and a storeroom. This deal includes leasehold improvements totaling roughly $300,000, with fixtures and equipment, a valuable type 47 ABC hard liquor license, name, menu, concept, and goodwill are all included as part of the sale. Food & Liquor inventory will be sold at cost during the close of escrow. Landlord is willing to negotiate a new lease assignment, the current lease has 1.5 years left on original term with one five year extension available. - [ ] - [ ] 47 hard liquor license included - [ ] Prime downtown location - [ ] great lease - [ ] recently built - [ ] high-demand location Complete the 'Non-Disclosure Agreement' on our website, and we'll send you the complete financial information, copy of the lease & list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail and arrange a behind the scenes tour. No Co-Broker

General Info

  • OrganizationCorporation
  • Established2018
  • Current Owner2018
  • Employees20
  • Reason For SaleOther Interests

Facilities

  • Seating90
  • Square FeetInside 3,700 Outside 1,900
  • ParkingStreet
  • LicensesHealth, Business, ABC 47
  • Open Hours5 days

Lease

  • Rent$12,995
  • ExpirationContact for Info
  • Yearly IncreaseContact for Info
  • Option5 year option
  • Deposit$14,056

Financials

  • Monthly RevenueApprox $108,000
  • Monthly Cash FlowContact for Info
  • Annual Revenue$1,300,000
  • Annual Cash FlowContact for Info
  • Payroll$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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