Upcale Restaurant-Lounge
| Asking Price: | $285,000 | Inventory: | $7,500 ** |
| Gross Revenue: | $800,000 | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | $200,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This classy Restaurant has unlimited potential. It has a great free standing location with ample parking. When you walk in, it has a very warm atmosphere and wonderful decor. The longe area is separate from the dining room, and it has a beautiful back bar. There is catering facilities on site that is the nicest in the area. A new owner could keep the the same concept, or convert it to a new theme. It would cost at least $600K to upfit this restaurant today in another location. Hurry, this opportunity won't be on the market long.
About the Business
Year Established:2006
Employees:15 full time -
Facilities:This Up-Scale Restaurant has 6000. Sq.Ft., and the monthly rent is $8800., and the Lease is good until 2016. The facility is free standing on an out parcel of a major shopping center.
Market Outlook and Competition:The Restaurant is located in a Prime Location with many Corporate Headquarters nearby. The Demographics look great with very high personal income statistics.
About the Sale
Management Training and Support:The owner will provide 14 days training.
Reason For Selling:The owners have other interests.
Seller Financing:The Seller will provide financing with one-half down.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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