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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