Bar and Grill for Sale in Popular Lake Norman Are

Not Disclosed, CO
Lincoln County


Asking Price: Annual Revenue:
$535,000 $1,575,187

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Bar and Grill for Sale in Popular Lake Norman Are Broker: Justin Scotto

Quick Facts

Asking Price: $535,000
Annual Revenue: $1,575,187
Net Profit: Not Disclosed
Cash Flow: $245,724
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 22
BBN Listing #: 35198096
Broker Reference #: 8714

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Business Overview:

Restaurant for Sale in Hollywood, FL! Great location, fully equipped, easily convertible. Bring all offers! This Broward County Restaurant for Sale offered by We Sell Restaurants, seats 27 guests in a mix of tables and booths. This restaurant occupies approximately 1,500 square feet of space in a strip plaza on a busy street. The center features restaurants, retail, and service providers. This Restaurant for Sale is located on a highly trafficked road that is located between I-95 and Federal Highway. The average daily traffic count approaches 40,000 vehicles per day. The strip center has great visibility for drivers passing by and there is easy access in and out and plenty of parking for all customers. The three-mile radius population exceeds 130,000. The monthly rent including all CAMS and taxes is $4,798.80. The Restaurant for Sale offered by We Sell Restaurants features a 16-foot exhaust hood, inground grease trap, walk-in cooler, and walk-in freezer. The kitchen equipment includes a Grill, Six Eye Stove Oven, and Three Fryers. In addition to the walk-in cooler and freezer all other refrigeration is commercial grade and in good condition. When walking into the restaurant, a customer will be greeted with an updated dining room that is clean and welcoming. The kitchen equipment featured would benefit any concept! The front of house is a mix of booths and tables. 27 guests can be sat comfortably in the nicely decorated dining room. The restaurant has two family members currently operating this location. The restaurant operates six days a week. The operating hours are Monday-Saturday 11am-8:30pm. The restaurant is closed on Sundays. A new owner must change the concept. Restrictions in the plaza include Pizza and Wings. Ideal concepts would include Asian, Caribbean, Latin Food, and most other concepts. Need lending assistance? This listing, priced between $20,000 and $200,000 can be financed with our lending partners. If your credit score is 680 or above, contact the the restaurant brokers at We Sell Restaurants for an introduction to our teams that can have you approved in the next 48 hours!

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Property Features and Assets:

19 dining room tables 75 dining room chairs 7 patio tables 22 patio chairs 5 patio bar stools 13 Bar Tables 53 Bar table stools 19 Bar Stools 10 TVs 1 project and projector screen 7 POS stations 1 Back of House Computer 20 booth seats 1 hostess station 4 highchairs 1 server station 1 Entry Cooler Display Case 1 Stage for Band 25 Beer Tap System 1 Bunn Coffee maker 1 Wooden Cabinet system 1 Stainless Steel Wall Shelves 1 Bar Sink 4 Beer Well Coolers 1 under counter Cooler 1 Blender 1 Two Foot SS table 1 Eight Foot Under Counter Cooler 1 standing display cooler 2 SS hand sinks 2 Microwaves Wall Shelving Misc Utensils 4 Eight Foot SS tables 1 Four Foot Deli Table 1 Apw Cabinet with 3 drawers 1 ten foot SS server Drink Station 3 six foot deli tables 1 six foot cooler and work area 2 Hold and Cook cabinets 1 Upright SS Cooler 1 ice machine 1 ice bin 1 set of four foot wire shelving 1 set of five foot shelving 1 Dishwasher system 1 SS dish sink table 1 five foot SS table with cutting board top. 3 Deep Fryers 4 Grill Tops 1 hot holding cabinet 1 8x4 Keg Cooler 1 Under Counter Cooler 3 Line Coolers 1 Meat Saw 1 Steamer 1 Southern Pride Smoker 1 Thirty Quart Mixer 1 Convection Oven 1 ten quart mixer 1 Marinator 1 ten foot SS table 2 Two Compartment SS sinks with sprayer 2 Five Foot SS tables with cutting board top 1 Slicer 1 12x8 walk in cooler is a Fixture 1 20x8 walk in cooler is a Fixture 1 20x8 walk in freezer is a Fixture 1 Dunnage Rack 7 Wire Shelf Systems 1 Sixteen Camera System 1 Music System 1 Office Printer

Market Competition and Expansion:

Key business for expansion and growth. Potential to grow into a franchise model.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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