Owners opened their doors in 2014. Since opening, they have collaborated as a team and built a strong foundation of success which they are ready to pass on to well qualified buyers. This highly profitable restaurant has a full bar with a Hard Liquor License and huge upside potential.   This operation is a well-equipped restaurant located in a high traffic area near restaurants & shopping. The operation has an Intense take-out & delivery business plus good catering orders in the past. You can operate with owners willing to train or bring your concept to this 2,450 square foot modern dining room. The owners have secured a long term favorable lease with options that can be transferred to the new buyers.  - [ ]   Some of the equipment included is a sixteen foot  type 1 hood with fire suppression system, three-compartment sink, prep sink, hand wash area, walk-in cooler, walk-in freezer, water heater, ten-burner range with two ovens , prep fridge, beverage display cooler, prep table, two tandoor ovens (five thousand each new) , four American Range stock pot ranges, sixty quart mixer, ice machine, microwave,  ten foot beverage air refrigerated prep table, six foot beverage air refrigerated prep table, three stainless steel work tables, warmer, robot coupe, hand wash sink, three compartment sinks, mop sink, eight booths, many tables and chairs, floor mats, build-in salad bar, built in buffet, four large tv's , four storage racks and much more. - [ ]  Approximately $350,000 in the build-out. The restaurant is priced for a quick sale with tons of potential. Seller can provide menu and training. This lease assignment is a very good long term lease with options,  the landlord will make the move easy. This location offers flexibility for various operations and is ideal for a chef-owner looking to specialize in any Cusine or  quick-serve concept. - [ ]  Please complete the 'Non-Disclosure Agreement' on our website, and we'll send you the Lease, complete financial information & a 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 of the property. No Co-Broker.

General Info

  • OrganizationSole Proprietorship
  • Established2014
  • Current Owner2014
  • Employees5
  • Reason For SaleOther Interests

Facilities

  • SeatingApprox 70-90
  • Square Feet2,450
  • Parking100 plus
  • LicensesAbc 47 , Health, Business
  • Open Hours6 days

Lease

  • Rent$3,700 plus NNN included
  • Expiration3 years left
  • Yearly IncreaseContact For Info
  • OptionYes 5 year options
  • Deposit$2,205

Financials

  • Monthly Revenue$36,757
  • Monthly Cash Flow$12,500
  • Annual Revenue$441,088
  • Annual Cash Flow$150,000
  • PayrollContact For Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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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