Seller's Contact Information
- RE: Ideal Successful Restaurant & Events Business
- Contact: Todd Smith
Quick Facts
| Asking Price: | $549,000 | |
| Annual Revenue: | $3,700,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $350,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 243224983 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
This is an Ideal Opportunity to purchase a successful Restaurant & Events Business at a Great Price. This business has multiple revenue streams, one of which is Weddings and Events. The facility has huge outdoor space that also included Two ROOFDECKS with endless potential. Other activity generators a very busy lunch and dinner crowd during the week and shift to functions & events on the weekend.
FACILITY:First-rate facility
PARKING:Local lots nearby
EQUIPMENT:The equipment is in excellent condition and has been well maintained.
LEASE TERM:New Lease to be negotiated
BASE RENT:New Lease to be negotiated
CONCEPT:Restaurant & Event Space
SIZE:6,500 square feet plus unlimited space for outdoor seating
SEATS:Capacity of 180 inside, 124 outside 300 on the Roof deck and 75 on the Sky Deck
HOURS:Open 7 days/week
LICENSES:Full Liquor & Entertainment License
SALES:Historical Sales of over $3.7m
CASH FLOW:$350,000 SDE in 2022; $525,000 historically
ASKING PRICE: $549,000 (For the Business)
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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
Documents:
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