Business Overview:
Here is a well established restaurant with a fantastic lunch and dinner business and a bar that has built its reputation on customer service and friendliness. It is located in a small town downtown area that is exploding with new daytime workers and an established base of older residents plus new condo and housing development nearby. The present owner will prove sales of over $600,000 annually on this busy street. This is a perfect opportunity for an owner/ operator to take over a beautiful and prosperous facility.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
These two adjoining buildings and parking lot span the length of an entire city block. 10,000 sq. ft. of restaurant/entertainment space. Pro-Kitchen, huge dining room, bar area, great parking lot, office space, beautiful exposed beam ceiling, new upfit. It is located in a small town downtown area that is exploding with new daytime workers and an established base of older residents plus new condo and housing development nearby. The lease will be $10,000 NNN which is great for this 10,400 sq. ft. restaurant and adjoining 2,376 sq. ft. office/storage building, or you can buy the land, building and business for $1,100,000.
Market Competition and Expansion:
This space is in the center of this thriving small town! There is nothing else of this caliber in the area. You are truly a big fish in a little pond. This place has so much potential. Would make a great brewery, steakhouse, catering/special events facility....or just keep what they've got going....homemade southern fare with friendly folks and fair prices.
Reason for Selling:
Owner wants out of restaurant business.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: