Owner Financing is Available!
Business Overview:
This is one of the fastest growing Franchises in North America very upscale Restaurant & Sports Bar in 2011 did slightly over 1.9 million. The net profit was over $275,000, with all the add backs over 1 million in gross net profit. The build out was over $600,000+ with $300,000 in equipment and another $100,000 in technology. This 7,200 square foot beauty has two patios, one for smokers; with low rent of $12,000 per month which includes CAM, taxes, insurance and more. Four years left on Lease with five year option **** no rent increase over the term of the Lease. Some financing available for qualified Buyer. Owner has perfect books and records to verify sales. Asking price $1.6 million. JUST REDUCED TO $1.1 MILLION
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.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
Resources: