Business Overview:
Beautifully renovated high-end restaurant with indoor and outdoor dining and bars. Full liquor, 150+/- seats, great food, nice clientele. Very favorable lease terms way below market with only 2% annual increases. Current Owner has too many business interests and needs to pull back. Excellent opportunity. Turn-Key, fully equipped, everything new, fabulous high-end build out inside and out. Over $900,000 invested, must be seen.
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Property Features and Assets:
Inventory: $150,000 (Included in asking price).
Rent: $4,590 per Month. Building Square Feet: 8,000. Lease Expiration: 11/30/2027.
Market Competition and Expansion:
Nothing like it anywhere near it. Needs focused Owner to oversee management or Owner/Operate as desired.
Reason for Selling:
Gearing towards 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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