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Business For Sale
RESTAURANT & BAR WITH $135,000 PROFIT
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Asking Price: |
$275,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Other interests |
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Yearly Cash Flow:
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$135,324 |
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Yearly Gross Income:
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$570,996 |
Business for Sale Overview:
Restaurant & Bar With $135,000 Profit With Long Term Below Market Lease, Rrc#: 1180. This Restaurant And Bar Is On A Very Busy Street With High Vehicular Traffic And Is Near A Major Market Generator Which Generates A Lot Of Business Continually. There Is A Full Kitchen, 2 Dining Rooms And A Service Bar For Alcohol Service Including Beer, Wine And Hard Liquor. Some Of The Equipment Includes As Follows: 2 - 2 Door Freezers, Walk-In Refrigerator, 20 Quart Mixer, Slicer, Ice Machine, Steam Table, Cheese Melter, 2 Flat Grills, 2 - Four Burner Ranges, 2 Door Refrigerator, Salad Bar, Cash Register, 3 Tv's, Surveillance Cam System And Type 1 Hood With Fire Suppression System, Etc.
Property Features and Assets:
Organization: Partnership. Year Established: Contact For Info. Current Owner: Contact For Info. # Of Employees: Contact For Info. Seating: 100. Square Foot/Size: 3,500.
Parking: Street. Lic. Required: Business, Abc Type 47 (Hard Liquor). Days Open/Hours: 7 / 10a- 10p.
Revenue: $47,583 / Month. Cash Flow: $11,277 / Month.
Current Inventory: Contact For Info. Payroll: Contact For Info. Lease Rent: $3,600 All Inclusive
Lease Expiration: 1/31/2011. Yearly Adjustment: Fixed Increases. Lease Option: 2 Five Year Options.
Security Deposit: Not Available.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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