Step into the realm of highly successful steakhouse franchise ownership with this incredible opportunity. They are passing on years of goodwill to a qualified operator. This is your chance to stake your claim and lock in a great deal. The business is pre-qualified for an SBA long-term (10-year) loan with just 10% down. Therefore, an experienced operator with strong financials could purchase this business investment with the SBA guarantee of 10 percent of the purchase. The Investment would also be able to pay the debt service on the loan and still have plenty of cash left over for the new owner. With almost $3 ML  in annual sales and over $340,000 in the seller's discretionary cash flow, this is a rare find. Good verifiable books and business records make financing easy. This restaurant and bar operation Includes approximately 8,333 plus sq ft of fully equipped free-standing restaurant and bar with a hard liquor license and a huge parking lot. An enjoyable dining room and bar area give the restaurant a warm, cozy atmosphere. Don't miss out on this chance to stake your claim in the world of successful steakhouse ownership. Contact us today to learn more about this exceptional opportunity. The sale also includes all fixtures and equipment sufficient to operate a high-volume restaurant    - [ ] SBA Pre- Approved 10 percent down  - [ ] Long term (10 years) SBA loan  - [ ] Highly Successful Franchise - [ ] High Volume Operation - [ ]  Hard Liquor license included - [ ] Absentee Owner - [ ] Turnkey OPERATION - [ ] Good verifiable books and business records make easy financing   Cta: 1.) Financial information such as tax returns, balance sheets, P & L, bank statements, POS reports, or merchant statements are only available to committed buyers who have signed an NDA , have proven purchase funds, SBA lender approval, Operational experience and good credit.  Complete the Non Disclosure Agreement on our website and we will discuss your background and qualifications prior to giving you any financial information . Franchise ownership with this prestigious restaurant and bar opportunity,  contingent upon meeting approval and demonstrating financial and operational aptitude. #jimsellsrestaurants No Co-Broker

General Info

  • OrganizationCorporation
  • Established2016
  • Current Owner2016
  • Employees5 FT 40 PT
  • Reason For SaleConsolidating

Facilities

  • SeatingContact for Info
  • Square Feet8,333
  • ParkingAmple
  • LicensesFranchise, health, business, abc 47 license
  • Open Hours7 days

Lease

  • Rent$14,500 + 4,067 NNN
  • Expiration2026
  • Yearly IncreaseContact For Info
  • OptionNegotiable
  • DepositContact For Info

Financials

  • Monthly Revenue$248,000
  • Monthly Cash Flow$29,000
  • Annual Revenue$2,980,000
  • Annual Cash Flow$340,000
  • 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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