Seller's Contact Information
- RE: A Blue Print For Success
- Contact: Shawn Reilly
Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 500,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1998 | |
Employees: | Not Disclosed | |
BBN Listing #: | 347933937 | |
Broker Reference #: | HAMDENC |
Business Overview:
They closed due to Pandemic but the end is in sight and it is indeed my pleasure to offer this unparalleled opportunity, even closed a chance to own a potential money making multi-level, duel-concept power house like no other for this kind of entry fee is unheard of. The stupendous main level was a high grossing long established renowned restaurant/bar located on the best corner in town that continued to get busier every year, doing $1.5m and was on course to do closer to $3m. For nearly a decade the jamming electric bar area, and an alluring incomparable 125 seat patio makes this restaurant pandemic proof and with its high visibility a summer favorite. The second level rocked the house down every Friday & Saturday with dueling pianos. This is a cash cow did close to $500,000 a year with 90% liquor & 10% food with $3,000 cash a week at the door, you know what that means. There are just too many reasons not to jump all over this especially the price, facility, location and blue print for success one call now.
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Property Features and Assets:
long term lease available, presently $9,500 gross rent per month (negotiable), main level: 5,600 busy square feet, 130 captivating seats, large electric bar & lounge area (best happy hour in town), envious 125 striking patio seats, popular private function room, $16,000 brand new gas/wood burning pizza oven, open 6 days lunch & dinner closed Sunday, just renovated, 2nd level: 2,000 rocking square feet, show stopping unique live entertainment, open thriving Friday & Saturday night only, a cash cow, 90% liquor 10% food, hottest ticket in town, $30,000 for state of the art sound equipment alone Phenomenal booming corner location in center of town, surrounded by major office complex and numerous businesses, very busy road, huge parking lot, good bones here is an understatement.
Market Competition and Expansion:
Competition: Busiest corner in town with huge patio a great thing to have during these trying times Growth & Expansion: All the components are here and with the right seasoned operator and concept this is a straight shot to the moon and beyond.
Reason for Selling:
Other business interests.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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