Seller's Contact Information
- RE: Unparalleled Opportunity
- Contact: Shawn Reilly
Quick Facts
Asking Price: | $349,000 | |
Annual Revenue: | $2,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $200,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 450,000 | |
Real Estate: | $120 | |
Year Established: | 2 | |
Employees: | Not Disclosed | |
BBN Listing #: | 742933937 | |
Broker Reference #: | HAMDEN MK |
Business Overview:
It is indeed my pleasure to offer this unparalleled opportunity to own, an 8,000 square feet money making multi-level, multi-concept power house like no other. The main level stupendous high grossing long established renowned restaurant/bar located on the best corner in town continues to get busier every year, doing $1.5m. For nearly a decade the jamming electric bar area and alluring incomparable 100 seat patio with its high visibility is a summer favorite enjoyed by all. The second level rocks the house down every Friday & Saturday night with unique live entertainment. This one is a cash cow doing close to $500,000 a year with 90% liquor & 10% food, you know what that means. There are just too many reasons not to jump all over this one call now!
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Property Features and Assets:
Facilities: Main level: 4,600 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 sound equipment alone Phenomenal booming corner location in center of town, surrounded by major office complex and numerous businesses, very busy road.
Market Competition and Expansion:
Best corner in town with high traffic count.
Reason for Selling:
Moving out of state.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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