Business for Sale Overview:
The current business at this location is grossing $1,200,000 per year offering a full service restaurant/bar with banquet room. The location has one of a very limited number of Cabaret liquor licenses in town, allowing for live entertainment and is the only full service restaurant in the area to offer a catering room for up to 150 guests. The set-up, location and size (7,000 Square Feet) would also work for any concept restaurant and bar that offers live entertainment and could be ideal for a nightclub/danceclub with a live music venue! Or keep as a Banquet/Catering Facility for private parties up to 150 guests. The events are already booked well into the second quarter of 2008.
The separate full service dining room seats another 75 and a seperate bar area another 30. The lease is currently set at a very reasonable $7,700 per Month including R.E. Taxes! The location is on a main road with good traffic flow and there is plenty of available parking. There is also plenty of retail and other area restaurants that help make this location a well known dining destination. There is a very healthy nightlife to pull from for a late night venue as well. Offered at an extremely reduced market price of $395,000 through Capital Restaurant Group LLC
Some owner financing is available.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.