Restaurant & Bar Historic Downtown Willoughby
Asking Price: | $450,000 |
Rent: | $2,100/Month |
Gross Revenue: | $800,000 |
Established Year: | 2016 |
Downtown Willoughby is uniquely American and has a broad scope of restaurants, bars, and shops. There are only a few cities that can match the spirit and character of this town.
Established in 2016, the current owner has decided it's time to step back from the stresses of ownership and focus more on family and health. This presents an opportunity for the next buyer to expand the menu and hours of operation for increased revenue and profit.
The Dining area can hold up to 64 people with bar seating for 12 and table seating for 52.
Extremely low rent and the Landlord is responsible for almost all maintenance, repairs, taxes, and insurance. The rent is far below market and has minimal increases and options through 2032. The business also retains a first right to purchase the building should the owner decide to sell.
All fixtures, furniture, equipment, recipes, and branding are included as well as training by the head Chef.
Full Liquor, Wine, and Beer License.
All inquiries must sign an NDA and show proof of funds and financial ability before the Name of the business is disclosed. The Photo is not the actual Photo of the location, but simply a depiction of a restaurant for advertising purposes. The restaurant is located in Willoughby even though the listing says Kirtland.
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