Seller's Contact Information
- RE: Sky’s The Limit Here
- Contact: Shawn C Reilly
Quick Facts
Asking Price: | $349,000 | |
Annual Revenue: | $1,500,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $225,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 950,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2002 | |
Employees: | Not Disclosed | |
BBN Listing #: | 203133937 | |
Broker Reference #: | HILL |
Business Overview:
This is the consummate opportunity to operate a majestic facility with numerous cost-efficient ways to get in, fully equipped with state of the art equipment in a chain like location. If you had to build out a restaurant close to this it would cost you every bit of a million dollars and to get in for a price like this is unheard of. Offering a stellar popular menu, 30 different beers, wine on tap and their charismatic prosperous banquet rooms a favorite in the whole area. If you are a real player it doesn’t get better than this consummate opportunity act now!
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Property Features and Assets:
8,500 mega Square feet, a mere $17 per square feet below market rent or $21 square feet & no key money, established 14 iconic years, large money making wood bar w 30 inviting stools additional 60 thriving lounge seats, 75 alluring dining seats, two flourishing private party rooms w 175 lucrative seats, craft beer heaven with 30 & wine on tap, incredible ambiance, trendy appealing priced right menu offerings, whopping 165 dedicated car parking lot, open 7 money making days L & D and Sunday brunch, high-grossing w substantial upside potential, upscale East Shore community, Highly traveled Rt 1 location, smack dab in middle of shopping & densely populated residential area, National chain type location, Real Estate available.
Market Competition and Expansion:
Growth & Expansion: Owner-operator would be a plus here.
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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