Sophisticated Restaurant & Lounge w/Liquor

Business Overview:

This sophisticated restaurant with a French twist and adjacent martini lounge is located in a highly sought after area of Greater San Bernardino. The tranquil indoor – outdoor venue boasts both the restaurant as well as a bar. Each component of the business can serve restaurant customers but the two are separated by a serene patio. This creates the appearance of separate businesses that can operate independently or that can be dedicated to separate events.

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Property Features and Assets:

This 2,350 square foot facility with a 950 square foot patio leases for $5,700 per month on a lease that expires in 2021. All of the business's furniture, fixtures, equipment and Type 47 Liquor License will be included. Approximately $10,000 in wine and liquor inventory will be sold at cost at close in addition to purchase price.

Market Competition and Expansion:

While competition exits for the general type of fare that is offered, and in the bar category for the martini lounge atmosphere provided, the venue possesses a unique quality due to its sophisticated high quality fusion offering, patio driven layout, ambiance and combined restaurant and bar offering that make it the alluring customer embraced oasis that it is. New operators will likely operate the successful venue in much the same manner that it has been for 25 years. They will likely wish to bolster the bar revenues by further capitalizing in the space as well as its ability to host private parties and events. They could also further develop the bar concept via the additional complimentary offerings.

Reason for Selling:

Personal

Additional Details:

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.