Busy Steakhouse with Full Bar located in a busy shopping center off of a Main Thoroughfare.  Preparing American Cuisine and offering an abundance of events, concerts, etc.  Unique Steakhouse Restaurant in a AAA location in a class of its own, without competition.  1.5 miles from local airport, major hotels, museums & a raceway. The menu skews with a bit of California/Steakhouse fare while offering unmatched flavors popular in their genre in a much sought-after Shopping center location. Many contracted outside locations offer their product by way of third-party distribution which is easily handled and has huge growth potential. Current and growing annualized 2021 revenues of $2.1 million. 6,000 square feet of gleaming, well-appointed prep and line kitchen with full service and seating for 130 in their sports bar area, 65 in dining room and roughly 30 on their enclosed outside patio.  5 year lease with room for negotiating options with Landlord. Monthly rent at $9,000 including CAM's, property taxes and a storage area. Many neighboring stores include Walmart Super Center, Starbucks, Walgreens and Round Table Pizza.  ABC type 47 Beer & Wine license. Currently 40 employees, mostly part-time with a full time chef in the kitchen preparing food to such an exacting standard where everything is freshly prepared and produced daily. Reviews; "We enjoyed this bar! Live music is always a treat and when they started playing Johnny Cash Folsom Prison Blues, this became a 5 star bar!"  "Great service, great beer selection and awesome food. Stopped in on our way to our sisters house and we will be making this a routine stop!" To receive more information and discuss this opportunity with the broker please complete the 'Non-Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with photos, full financial information, lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationInc
  • Established2017
  • Current Owner2017
  • Employees40
  • Reason For SaleOther Interests

Facilities

  • Seating225
  • Square Feet6,000
  • ParkingParking Lot
  • LicensesABC / Business / Health
  • Open HoursSaturday - Thursday 11am to 9pm / Friday & Saturday 11am to 10pm

Lease

  • Rent$9,000
  • Expiration2027
  • Yearly IncreaseContact For Info
  • OptionContact for Info
  • DepositContact for Info

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual Revenue$2,100,000
  • Annual Cash FlowContact For Info
  • Payroll$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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