Business Overview:
Freestanding Restaurant And Bar With $3 Million Sales And $350,000+ Profit. This is a fairly new freestanding restaurant and bar which was built at a cost in excess of $2 million and is beautifully designed. It is located on a major thoroughfare and has high exposure. Over 30% of the businesses sales are alcohol sales. There is a display kitchen, high ceilings, glass windows throughout, a separate bar with granite top and cocktail lounge as well as several unique seating areas throughout the building as well as an outdoor seating area. There is a combination of tables and chairs as well as banquette seating throughout. There are also ADA restrooms, employee bathroom, an office area, storage rooms, prep kitchen and an elevator. Some of the equipment includes as follows: 13' and 5' type 1 hoods with fire suppression systems, POS system, ice machine, meat grinder, 2 smokers (which cost $110K), 2 group espresso machine, 2 ice bins, 3 door undercounter refrigerator, 2 coffee makers, 5 hand sinks, 4 flat screen TVs, 6 - 2 door undercounter refrigerators ( 3 with sandwich stations), 3 door undercounter refrigerator, 2 compartment ice cream freezer, 2 - 1 door undercounter refrigerators, 2 double basket fryers, 10 buners over oven, 3' flat grill over oven, salamender, 3' flat grill, 5' charcoal grill, 2 food warmers, Miste Aire cooler, walkin refrigerator, 3 compartment sink, dishwasher sink + rinse hose, 3 full door refrigerator, soft serve ice cream machine, 2 full door refrigerator, mop sink, full door freezer and wine cooler, etc.
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:
Organization: LLC. Seating: 200+. Square Footage: 8,000 approx + outdoor seating area. Parking: Street and Parking Lot. Licenses Required: Biusiness, ABC Type 47 (hard liquor). Days Open/Hours: 7days - M-F 11:30am-10:30pm SA, S 10:30am-10:30pm.
FINANCIAL INFORMATION: Yearly Revenues: $3,000,000. Yearly Cash Flow: $348,000. LEASE INFORMATION: Monthly Rent: $12,000. Lease Expiration: negotiable. Yearly Adjustment: negotiable. Lease Option: negotiable.
RRC#: 1687
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.