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- RE: Historic Bar And Restaurant With Real Estate!
- Contact: Kim Wright
Quick Facts
Asking Price: | $799,000 | |
Annual Revenue: | $1,431,890 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $125,000 | |
Real Estate: | $699,000 | |
Year Established: | 1996 | |
Employees: | 25 | |
BBN Listing #: | 942386 | |
Broker Reference #: | 1208KW |
Business Overview:
Welcome to this beautiful, downtown historic piece of real estate with a thriving restaurant under current ownership for almost 30 years. This is a thriving, full-service restaurant, bar and catering business. It has a prime location nestled in a historic downtown area in one of the fastest growing cities in the U.S. The clientele has been very loyal and dining out here for almost 30 years! The fully-equipped kitchen is meticulously clean and well-maintained. There is a management staff in place that would consider staying with new ownership. While this restaurant has already achieved substantial success, there are still numerous opportunities for growth from catering or opening operations back up to 7 days a week. The real estate also boasts an impressive 4 bedroom office or apartment that an owner/operator could reside in or rent out for additional income above the restaurant.
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Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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