This restaurant is on a prime major thoroughfare with excellent exposure and easy access. The first floor consists of a comfortable dining room with booth seating and tables and chairs, attractive hanging light fixtures, with wood, tile and stone finishes throughout the dining areas.  There is a separate cocktail lounge with an attractive L shaped bar with 7 bar seats as well as several bar height tables and bar height chairs.   The first floor also includes a full kitchen, dishwashing area, storage areas, liquor storeroom and ADA restroom.  Some of the major equipment includes as follows:  10" type 1 hood with fire suppression system, 2' x 3' chargrill, 3' x 3' flat grill over oven, 6 burners over oven, 2 double basket fryers, 2 compartment steamtable, 1 food warmer, 2 full door freezers, 2  hand sinks, counter mixer, microwave, full door refrigerator, 2 under counter refrigerator drawers, 2 - 3 door under counter refrigerators (1 with sandwich station on top), dishwashing sink + rinse hose, 3 compartment sink, utility sink, walk-in refrigerator, 4 door under counter refrigerator, under counter dishwasher, ice machine,  mop sink, chip warmer, coffee maker, 2 flat screen TV's and Micros POS system.  The second floor consists of a banquet room which can hold up 40, a large office area and 2 restrooms.  Off the second floor is an enclosed patio which seats approximately 30 with tables and chairs, umbrellas and outdoor heaters. Prior years sales were as follows:  2017 - $1,495,166;  2018- $1,531.677;  2019 -$1,575,338 and 2021 - $1,029,555 with limited days and hours of operation.  Approximately one third of the sales are alcohol sales.  There is lots of upside for increased sales and an additional day of operation as the days and operating hours have been reduced since Covid as follows: M -SA 4p to 9p.  There is upside for lunch daily and brunch on the weekends and opening up on Sunday and extending the existing hours of operation.   A BUYER CAN PURCHASE THE BUILDING OR HAVE THE FIRST RIGHT OF OFFER TO PURCHASE THE BUILDING IN THE FUTURE  IF DESIRED.

General Info

  • OrganizationOther
  • EstablishedContact for Info
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating100+40 in banquet room+ 30 on patio
  • Square Feet3,812 Building + 6,000 Lot
  • ParkingStreet parking
  • LicensesBusiness, ABC Type 47 (hard liquor) License
  • Open Hours6: M-SA 4p to 9p

Lease

  • Rent$11,000 + NNN
  • ExpirationNegotiable
  • Yearly IncreaseNegotiable
  • OptionNegotiable
  • DepositContact For Info

Financials

  • Monthly Revenue$104,997
  • Monthly Cash FlowContact for Info
  • Annual Revenue$1,259,970
  • Annual Cash FlowContact For Info
  • 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.

Location