Owner Financing is Available!
Business Overview:
This elegant restaurant has been an ideal landmark for the past 40 years in an excellent Union County location. Updated in 2007, this facility of 4,200 square feet. There is a full basement of 6,000 square feet for storage and includes a walk-in refrigerator and freezer. Total dining and banquet seating is 175, bar is 10, A "C" Liquor License is valued at $250,000, plus furniture, fixtures and equipment valued at $100,000. Great turnkey operation for the experienced restaurateur. Owner looking to concentrate on his other restaurants. Asking $480,000 with $275,000 down, willing to finance the balance.
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:
Updated in 2007 – dining room, bar and banquet hall. 4,200 square feet with 6,000 square feet full basement. Parking 60 cars, building and interior are in very good condition. 8 year lease option of 5 years.
Market Competition and Expansion:
Competition - No
Expansion - No
Reason for Selling:
Looking to concentrate on his other 2 restaurants
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: