Seller's Contact Information
- RE: Legendary Thriving Restaurant
- Contact: Shawn C Reilly
Quick Facts
Asking Price: | $449,000 | |
Annual Revenue: | $1,700,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $200,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $0 | |
Year Established: | 2005 | |
Employees: | Not Disclosed | |
BBN Listing #: | 34733937 | |
Broker Reference #: | M J HAMDEN |
Business Overview:
It is indeed my pleasure to offer this stupendous high grossing long established renowned restaurant/bar located on the best corner in town. For nearly a decade this bistro continues to get busier every year. It offers the perfect mix of fine dining, enthralling ambience and comfort with a menu that boasts an array of fresh dishes from around the globe. The jamming electric bar area is the go-to place for happy hour or just to meet your friends to enjoy a great wine. The alluring incomparable 70 seat patio with its high visibility really draws the customers in and is a summer favorite enjoyed by all. This truly is one not to miss with its documented high gross and cash flow, high energy bar, private function room, massive patio, inviting dining room, years established call now to see this best buy.
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Property Features and Assets:
4,600 prosperous square feet, 130 captivating dining seats, large flourishing bar area (best happy hour in town), 70 outstanding patio seats, $7,600 gross monthly rent plus utilities mere 4% rent factor, long term lease available, open 6 days lunch and dinner, closed Sunday, phenomenal booming corner location in center of town, surrounded by major office complex and numerous businesses, very busy road, private function room for all occasions, room for expansion, code grease trap, stylish booths.
Market Competition and Expansion:
Best corner in town with high traffic count.
Reason for Selling:
Other business interests.
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
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