Business for Sale Overview:
Remodeled Prime Height Street Location
Offered at: $175,000 (NEW PRICE REDUCTION)
Revenue: $30,000 per month
Listing Description:
This restaurant was remodeled at a cost of approximately $500,000 and is in a prime location that is highly visible. There are large glass frontages, high ceilings, concrete floors, hanging light fixtures, a display kitchen and a combination of booth seating and tables and chairs. Some of the equipment includes as follows: POS system with 2 printers, 2 door undercounter refrigerator, 10" type 1 hood with fire suppression system, 2 double basket fryers, 3'6" chargrill, 4' flat grill, 4 door undercounter refrigerator, food warmer, hand sink, bread warmer drawer, 3 full door refrigerator, full door freezer, utility sink, ice machine, 3 compartment sink plus rinse hose, mop sink, 1 door undercounter refrigerator, 3 spindle milkshake mixer, and 4 compartment ice cream freezer, etc. There is also an ADA restroom and storeroom. There will be a new lease to be negotiated and the rent will be between $4,000 and $5,000 month with a five year base term and a five year option. The name and menu are not included.
General Information:
Organization: Sole Proprietorship
Seating: 40 inside + 4 outside
Square Foot/Size: 1,350 + outdoor seating
Parking: Street
License(s) Required: Business, ABC Type 41 (beer & wine)
Days Open/Hours: 7 / 11a-10p
Lease Information:
Lease Rent: $4,500 / month
Lease Expiration: Negotiable
Yearly Adjustment: Negotiable
Lease Option: Negotiable
Security Deposit: Not Available
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 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.
- This is not a distressed business or bankruptcy situation.