Restaurant And Bar In Prime Downtown Location Derb

Business Overview:

This is a rare opportunity to own a restaurant/bar in a prime downtown location for a ridiculous price like this, there has been in restaurant business here for over half a century. The location is ideal for any concept, and the place has been recently renovated, including a state-of-the-art wood burning stove. The kitchen is spacious and well-designed, equipped with all the bells & whistles, and the basement is fully functional. The area is undergoing a major transformation with new retail and residential projects and a new train station coming soon. Don't miss this chance to get a great deal on this amazing property. Contact us today to schedule a viewing.

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Property Features and Assets:

ONLY $70,000 TAKES THE WHOLE PACKGAGE A MERE FRACTION OF THE COST TO DUPLICATE! 5,000 epic square feet, only $5,000 gross rent (includes property tax, insurance & snow plowing) ONLY $12.00 per square foot, 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.

Market Competition and Expansion:

Competition: Local gem in a central downtown location. Growth & Expansion: The bones just don’t get any better just needs the right concept and seasoned operator all the tools to make a killing.

Reason for Selling:

Wants out.

Additional Details:

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