Business Overview:
Location in the midst of states largest up turn city. Restaurant will continue to grow in volume for next several years- making great profits now after 9 months- when opened for full year November 2011. Profit levels will be over 270 thousand per year and will grow in second year to volume of $1,750,000 and have profit over 400,000 per year. Business is in heart of states newly revitalized city. Situated in a location within city that is close to all that matters to draw patrons. Interior is modern-15 flat screen TV’s. Has 2 floors 1,800 square feet on each floor. Top floor sits 57-19 at bar. Downstairs seats 60. Interior is modern and take advantage of its sport’s bar motif with best of TV’s and audio systems. Has elevator for food between floors. Owner working social media that constantly brings in new customers. Liquor over 60%, cash 30% average dinner check $28 with over 900 dinners weekly feature 12 draft beers, happy hour brings in constant flow of new patrons. Main seller on menu is apple bacon burger. Price $12 food cost $3.83. Located in section of large university city that brings in patrons from near by facilities, parking garages with one block. This place will increase in business at time goes on. A 2,000,000 volume should be realized within 3 years. For further information, please contact Vito Mastromonaco.
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:
2 floors 1,800 square feet on each floor, municipal parking garages within 1 block everything in place near new condition lease is great.
Reason for Selling:
Owner relocating
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: