Seller's Contact Information
- RE: Iconic American Restaurant & Micro Brewery
- Contact: Randy Bring
Quick Facts
| Asking Price: | $350,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $1,000,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1984 | |
| Employees: | 28 | |
| BBN Listing #: | 940375 | |
| Broker Reference #: | 0101645556 |
Business Overview:
MAKE AN OFFER! THE OWNER IS READY TO MAKE A DEAL ON THIS ICONIC AMERICAN BAR, GRILL AND RESTAURANT. One of the best known go-to destinations (rare 5AM zoning) for late night meals, craft beers (50 tap glycol beer system) and relaxed indoor and outdoor seating. 2023 gross sales $1.49MM. World class kitchen built for volume serves the best burgers, steaks and seafood in town. Indoor dining and bar seating-156 plus 130 outdoor bar and table service with too many parking spaces to count. Long term lease with options through 2038. Over $3,000,000 invested in this buildout & leasehold improvements which include DJ booth, stage, dance floor & top of the line sound system. Fully staffed with management staff that should transition to new owner. Seller has been unable to devote time and needed attention to this restaurant and bar and, after decades of ownership, is ready to hand off to a new owner with a fresh concept, a menu reset and a perhaps a new look. This is the restaurant, bar and late night business you have been looking for, this one just needs a ‘hands on’ owner. Please refer to listing #0101645556 & ask for Randy Bring when
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Property Features and Assets:
5,046 Square Feet end cap class A @ $26,000/month.
Market Competition and Expansion:
Unknown/Unlimited
Reason for Selling:
Unable to devote time & attention
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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