Business Overview:
REDUCED REDUCED!!!A dynamic local gem in a central down town location has supported a restaurant/bar for over 50 years and has become available at a great price. Not only an envied location, which has gone through recent major complete expensive renovation with mostly new equipment that would complement any concept. The kitchen is a chef’s dream a great layout with new equipment and a state of the art wood burning stove and a full functional basement. An exciting retail & residential redevelopment plan is a work in progress along with an imminent new train station. For a price like this you can’t go wrong, call now to set up appointment for this must see.
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Property Features and Assets:
5,000 epic square feet, only $5,000 gross rent (includes property tax, insurance & snow plowing), just completely gone through costly major renovation, 50 electric bar & lounge seats, 70 inviting dining seats, 30 intimate cozy seats, 80 money making banquet seats, all new equipment, wood burning pizza oven, full functional basement, new train station imminent, major residential and retail redevelopment on the drawing board, appealing website, ample on sight parking, plenty of upside potential.
Market Competition and Expansion:
Competition:
Local gem in a central down town location
Growth & Expansion:
More marketing wouldn’t hurt here
Reason for Selling:
Other business interest.
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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