Business Overview:
• A very Popular Restaurant and Bar with a separate Banquet Center located off a major east side highway.
• It is a Family-owned business that has been operating since 2010.
• It has a very loyal clientele.
• This Restaurant Specializing in fine Italian-American cuisine.
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Property Features and Assets:
• There is Outdoor and patio seating for both the restaurant and Banquet Center.
• The Restaurant space is 3,000 square feet with a large bar.
• The Banquet Center space is 3,000 square feet with a separate kitchen for catering and large bar.
• The Restaurant is currently only open Tuesday- Saturday evenings over 21 hours a week.
• Plenty of well-lit parking with easy access to both the banquet center and restaurant.
• Current leases run through 2025. Restaurant and Banquet Center rent are each $ 3,000 a month Triple net.
• A long-term lease can be negotiated with the Landlord.
Market Competition and Expansion:
A very Trendy Restaurant bar and banquet center. Ideal for an owner /operator to earn up to $ 200,000 a year.
Expanding hours can be a great way to increase revenue such as opening for lunch hours.
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 a homebased business opportunity.
- This is not a franchise resale opportunity.
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