| Asking Price |
$299,000 | Inventory |
$20,000** |
|---|---|---|---|
| Gross Income |
$800,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 2006 |
| FF&E |
N/A | Employees | 20 |
* included in the asking price
** not included in the asking price
Beautiful restaurant and bar in excellent location, high quality finishes, large professional kitchen, and great outdoor patio area for sidewalk dining. Easy conversion to steak house or other family casual concepts. Confidential Sale.
Facilities: 3700 square feet plus 10-12 outdoor tables bringing the seating capacity to nearly 200. Beautiful space with nice finished and very well maintained. Large professional kitchen and ample parking. 10 year lease with two 5-year options. Current monthly base rent is $6000 +NNN.
Competition: Excellent location in growing affluent market and established reputation.
Growth/Expansion: Business is still growing. Excellent catering potential and private banquet business could be targeted. Facility would support many other casual or upscale formats.
Financing: Possible assumption of existing note
Support/Training: Seller training is negotiable
Reason Selling: Seller is moving

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