A well designed restaurant with a contemporary look with an open airy feeling and a large private outdoor seating area in a highly visible area off a major thoroughfare. There is a comfortable dining room with a combination of tables and chairs and banquette seating and a wine bar. There is a full kitchen and prep kitchen and some of the equipment includes as follows: 14' type 1 hood with fire suppression system, rotary pizza oven, 2 - 6 burner units, double basket fryer, 3' char grill, 2' cheese-melter, 2 - 2 compartment pasta cooker, 4 compartment steamtable, 2 hand sinks, 6 - 2 door under-counter refrigerators (2 with sandwich stations, 1 with 6 taps), 1 door under-counter freezer, full door freezer, 2 glass door under-counter refrigerator, soup warmer, 8 compartment soda dispenser, dishwasher, prep sink, 3 compartment sink with rinse hose, ice machine, walk-in refrigerator, walk-in freezer, mop sink, 6 employee lockers, 2 large screen TV's, and POS system, etc. There is also a storage area, office, 2 ADA restrooms. The past sales and profit history for the restaurant has been as follows: 2019 sales - $1,197,863, 2019 profit - $141,217; 2020 sales - $1,015,927, 2020 profit - $176,438; 2021 projected sales and profit based on Jan-Sep 2021 Profit & Loss Statement - 2021 projected sales - $1,028,422 and 2021 projected profit - $138,948.

General Info

  • OrganizationCorporation
  • Established20 years
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating85 inside + 30+ outside seating area
  • Square Feet2,498 + large outdoor seating area
  • ParkingParking lot
  • LicensesBusiness, ABC Type 41 (beer & wine)
  • Open HoursContact for Info

Lease

  • Rent$12,539 all inclusive
  • ExpirationNegotiable
  • Yearly IncreaseNegotiable
  • OptionNegotiable
  • DepositContact for Info

Financials

  • Monthly Revenue$85,701
  • Monthly Cash Flow$11,579
  • Annual Revenue$1,028,420
  • Annual Cash Flow$138,948
  • Payroll$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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