Sq Ft
4,000 + 1,000 Patio
Type
Quick Service Restaurant, Restaurants For Sale
Monthly Revenue
$116,660
Monthly Cash Flow
Contact For Info
Annual Revenue
$1,400,000
Annual Cash Flow
Contact For Info
Rent
$13,500 inc NNN

Opportunity to Acquire a Premier Restaurant & Bar

Step into a thriving restaurant and bar with significant growth potential. With $1.4 million in sales revenue for 2023 and original build-out costs of $2.2 million, this establishment is a prime investment.

Key Features:

  • Financing Details: Inherit a short-term bank debt with a favorable 4% interest rate, along with landlord security deposit and escrow closing costs.
  • Included Assets: The sale comes with an ABC Type 47 Hard Liquor License, a fully equipped kitchen, entertainment permit, complete Audio-Visual system, portable stage, projector, and a capacity of 300.
  • Current Operations: Open Wednesday through Saturday, but with potential for substantial revenue increase by expanding operations to 6 days per week.
  • Customer Experience: Known for its lively and fun atmosphere, this venue is perfect for group gatherings and brunches. A recent review highlights its fantastic vibe and delicious menu items, like the chicken waffle and pastrami sandwich.

Confidential Listing:

  • This opportunity is highly confidential. Detailed information, including the name and address of the restaurant & bar, will be shared only after discussing the buyer’s experience, financial qualifications, and future vision with the broker.

To explore this opportunity and discuss potential financing options with the broker, please complete the ‘Non-Disclosure Agreement’ on our website. Upon receipt, we will provide full details, including the broker’s direct contact information for further discussion.

 
 
 
 

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General Info

Organization
LLC
Established
2017
Current Owner
2017
Employees
15
Reason For Sale
Other Interests

Facilities

Seating
100 + 60 Patio - Capacity allowed 300
Square Feet
4,000 + 1,000 Patio
Parking
Contact For Info
Licenses
ABC Type 47 license, Health & Business
Open Hours
9.00am - 3.00pm Wednesday to Saturday. Closed Sunday, Monday & Tuesday

Lease

Rent
$13,500 inc NNN
Expiration
2027
Yearly Increase
3%
Option
5 Year Lease Option
Deposit
$14,800

Financials

Monthly Revenue
$116,660
Monthly Cash Flow
Contact For Info
Annual Revenue
$1,400,000
Annual Cash Flow
Contact For Info
Payroll
Contact For Info

Financing

Down Payment
Contact For Info
Note Balance
Contact For Info
Terms of Note
Contact For Info
All Cash
Contact For Info
DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location

Listing Features Location Print Listing Request Confidential Information