Business for Sale Overview:
Great opportunity to make significant gains with this American Style Bistro & Lounge. The facility is like new and has a very appealing look and feel. The business is currently running way below its’ potential due to the limited hours and absentee owners. Food accounts for 65% of sales; however a new Owner could easily move towards more food or focus on alcohol sales. Sales could be grown dramatically with the longer hours and new energy. This is the perfect fit for a Chef or Owner Operator.
LICENSES: Full Liquor License, Full Entertainment License and Live music
SALES: Approximately $275,000 per year (with limited hours of operation)
PRICE: $197,000
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The space is approximately 2,500 square feet; the facility has been beautifully built-out and consists of a very functional floor plan with a large open kitchen.
CONDITION: The building and restaurant are new and in Excellent condition.
PARKING: Plenty of Parking
EQUIPMENT: The equipment has been well maintained and is of good quality.
LEASE TERM: (3) year lease with three Five (5) options.
BASE RENT: $2,000 per month (well below market rate)
CONCEPT: American Bistro & Lounge
SEATING:75 seats (Outside seating option available)
HOURS: 4:00 PM – Midnight Tuesday - Sunday (Can stay open for longer hours)
Reason for Selling:
Owners are not industry people
Additional Details:
- The property is leased.
- The owner is 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.