A long term 25-year 90% SBA loan has been pre-approved for this 2,400 sq. ft Business with Real Estate, Only $140,000 down. The owners completely renovated this circa 1893 historic building in 2018 with a large dose of character, style and comfort using only quality materials, with its heated 2,500 sq. ft rear covered patio, its own bar, games area and ample seating & storage. Most of the original features remain and have been upgraded to keep the authenticity and architecture of this historic bustling city with massive renovations throughout the city, it really shines.
Serving upscale comfort food, craft beers and quality wines in a casual atmosphere while generating in 2021 Tax Return sales revenues of $1.160 million and $200,000 in profits while only being open 4 days a week, Thursday-Sunday. There is so much opportunity to grow this already outstanding bar & restaurant. The modern kitchen is complete with a 20ft Type 1 hood with fire suppression system, chargrill, flattop, 6 burner stove with oven, 2 deep fat fryers, dual convection oven and proofer. Two 3 door & one 2 door refrigerated worktops, large walk-in fridge, two 2 door upright freezers, large ice machine plus ample stainless-steel work tables. Lots of kitchen toys including robot coupe, panini press, meat slicer, espresso coffee machine & a large emulsion blender. The front of house has a hand held POS system, 2 terminals, 4 printers and a quality sound system throughout. 9 bar stools and a dining room seating for 75 and a private dining room all surrounded with brick walls & wooden floors. 2 fully equipped ADA bathrooms complete the front customer space. The attractive, covered outdoor patio has its own fully fitted bar and a second walk-in and loads of storage with seating for 50, outdoor games area and string lighting plus a commercial Yoda smoker. After the recent power outages during the summer, the owners installed 2 large electric generators in 2019 which are capable of powering the whole building's electrical needs, so the business can be self-sufficient and continue without interruption. This is a wonderful opportunity for an experienced operator to enjoy the beautiful countryside and immediate perks of being your own boss. To receive more information and discuss this opportunity with the broker along with the broker's connections for a long-term SBA loan solution please complete the 'Non-Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with 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.
- Current Owner2017
- Reason For SaleOther Interests
- Seating84 inside 50 outdoors
- Square Feet2,400 Indoors - 2,500 Enclosed Rear Patio
- Parking2 adjacent parking lots plus street
- LicensesBusiness, Health & ABC Type 41 Beer and Wine
- Open HoursThu 11:00 am - 9:00 pm Fri 11:00 am - 10:00 pm Sat 11:00 am - 10:00 pm Sun 11:00 am - 9:00 pm
- RentReal Estate Included
- ExpirationReal Estate Included
- Yearly IncreaseReal Estate Included
- OptionReal Estate Included
- DepositReal Estate Included
- Monthly Revenue$97,000
- Monthly Cash Flow$16,670
- Annual Revenue$1,160,000
- Annual Cash Flow$200,000
- Down Payment10%
- 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.