Business Overview:
This beautifully detailed and designed restaurant is a real bargain! Over $1.5M was spent to build the operation, which has a full bar, a state of the art on-site brewery, and offers a huge opportunity for a new operator. Newly built out in 2008, no expenses were spared to create an efficient and fully equipped family style restaurant with booth and table seating, a huge kitchen, and a cozy but hip bar area , with a view into the entire brewery operation. The dining area is nicely laid out with high, pitched ceilings, lots of light from the wrap around glass area, and a separate more private seating area, ideal for large groups and private parties. The entrance and waiting area features a cashier and pick up station with two POS units and printers and an under counter fridge. The pizza baking area features two large pizza ovens, 12’ type 2 hood, 4-door pizza prep table, hand sink, dough cutting table, stainless shelving, pizza rack and take out order work tables and heat lamps.
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Property Features and Assets:
The adjacent line kitchen has a 16’ type 1 hood, two 6-burner ranges, one with standard oven, two double fryers, pasta cooker, 12” griddle, in food warmer, two table top warmers, 2-door salad prep. table, prep. sink, hand sink, two 2-door reach in fridges and chef’s work station. The server station is just opposite which includes coffee and tea brewers, 2-door under counter freezer with work top, a soda dispenser, and a nearby bussing station and separate POS station with two POS units with printers. The dishwashing station has a low temp dishwasher, 3-compartment sink with rinse, clean and dirty tables, trash receptacles, shelving units, can rack storage unit and an additional 4’ type 2 hood. A rear prep room has a huge centralized walk-in cooler with lots of shelving, a 60 qt. mixer, 1-door reach- in, 3-door freezer, slicer, multiple work tables, prep sink, phone bank and POS unit for delivery and phone orders, large ice machine, mop sink enclosure and multiple dunnage and storage racks.
Market Competition and Expansion:
The comfy bar features a beer tower with 7-taps, soda gun, two 4-door bar fridge units, blender, mixer, 2-group espresso machine, 24” ice cream dipper, glass froster, bar sink, hand sink and under counter bar storage. The state of the art brewery is fully equipped with 3-cellar tanks,, 3 fermenting tanks, mash tank, kettle whirlpool, refrigerated beer cooler for beer holding canisters, filtration equipment, control panel, full glycol chilling system with remote condensing units. The premises also has a dry goods storeroom with multiple shelving and employee lockers, a dedicated employee restroom, a private office, separate men’s and women’s multi use ADA customer restrooms, private patio for outdoor seating,and store frontage seating for additional dining. As mentioned, the present owners spent over $1.5M to build this operation, therby allowing any savvy operator to recognize the huge value being offer here. The monthly base rent is currently $15,879, plus NNN charges of $3,750. As an incentive for a well qualified operator, the seller will consider a rent subsidy of $5,000 per month, making the base rent $11,000, which equates to $2.25 sq. ft, and guarantee the remaining lease term. The present brew pub aspect of the business is not being utilized to full advantage, allowing great upside to either tweak or convert the present concept to take full advantage of the in house brewery. This listing opportunity is a no brainer!
Reason for Selling:
Other interests
Additional Details:
- The property is owned.
- 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.
Resources: