Amazing Restaurant & Bar with liquor license for sale!
Asking Price: | $799,999 |
Gross Revenue: | $1,200,000 |
Rent: | $6,750/Month |
Cash Flow: | $240,000 |
Inventory: | $15,000 |
FF&E: | $75,000 |
Seller Financing Available with 50% down for qualified buyers
Seller financing available with 50% down for qualified buyers (subject to background check, credit check & business experience). Term and rates to be determined.
Currently sales are around ~$1,200,000/annually [Q1 (Jan/Feb/Mar) sales are shown in pictures] and rent is $6750/month (NN; landlord covers property tax)
Sale includes a new 10-year or 15-year lease. Landlord will allow for a build-out allowance as well if needed by new operators. Landlord may be willing to cover up to 50% of build-out cost based on what is being done.
Sale includes (33) Retail Consumption Liquor License [appraised at $265,000] which allows for beer & wine to go sales as well as on premise consumption. Sale includes all cooking equipment & refrigeration equipment.
Great opportunity for someone to jump into an operating, well established successful restaurant business and start making money from day 1.
Seller is mostly hands off, very little marketing/advertising.
Lots of untapped potential by expanding menu offerings, expanding bar menu, expanding hours, and utilizing large unused outdoor area.
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