This restaurant is a totally "Turnkey" business opportunity with $2.3million annual sale, easy excitability with nice curb appeal and a welcoming large patio. Located in a well-established area, with entertainment venues, shopping, and hotels in close walking distance.    The restaurant has 2 well-maintained, well-equipped kitchens. The exposition style, open kitchen that serves the dining guests and banquet kitchen that maintains the private events. Plenty of storage, a large walk in, a walk-in freezer, 2 type 1 hood,1 dual convection oven, 1 single convection oven, 8 burner step up stove top burner, 2 grill top, pasta cooker, dual stock pot stoves, deep fryer, 3 pizza prep table, 2 door stand up refrigerator and freezer, 2 door refrigerator, chef base refrigerator, 2 undercounter freezer, ice machine, and many other equipment.     The restaurant's bar is sophisticated and welcoming. Well equipped with 2 3 drawer bar refrigeration unit, 2 kegerators, 1 glass froster , bar well and speed rack The dining room is well-structured, pleasing for guests and easy to operate for the staff.   Large private dining room can hold functions independently with a separate kitchen, not affecting the main dining room business doing peak hours.  A catering Van with the restaurant' logo also part of the sale.    Please complete the 'Non-Disclosure Agreement' on our site and we'll send you the name and address with the full financial information, 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.

General Info

  • OrganizationLLC
  • Established2000
  • Current Owner2014
  • Employees10 Full Time 30 Part Time
  • Reason For SaleContact For Info

Facilities

  • Seating87 Main Dining + Bar /52 Banquet / 36 Patio
  • Square Feet3,203 Restaurant + 1,868 Banquet Room +2 Patios
  • ParkingParking Garage + Street Parking
  • LicensesType 47 Liquor license, Health Permit,
  • Open Hours6 Days a Week Monday -Thursday 11-9 Wednesday Closed Friday 11-10 Saturday 10-10 Sunday 10-9

Lease

  • Rent$ 1.46 Restaurant + $1.19 Banquet + $0.65 NNN
  • Expiration11/22/2022
  • Yearly IncreaseContact for Info
  • OptionContact for Info
  • DepositContact For Info

Financials

  • Monthly Revenue$187,666
  • Monthly Cash Flow$12,912
  • Annual Revenue$2,251,992
  • Annual Cash Flow$154,952
  • Payroll$55,424

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.

Location