Bar & Restaurant and Catering With Property Available (#22667)
Business Description
Property and Business Summary: Totally Renovated Bar, Restaurant and Catering Facility With Option To Buy Property
Location & Size: This elegant bar and restaurant is a three-story property with a total area of 4,500 square feet (1,500 square feet per floor).
Features:
Design: The restaurant features a classic design with a private catering room.
Renovations: Completely renovated in 2021, including new furniture, fixtures, and equipment.
Kitchen: State-of-the-art industrial kitchen.
Accessibility: Equipped with an elevator servicing all three floors.
Roof & HVAC: New roof and five new A/C units.
Seating Capacity:
Indoor: 1st floor – 60+ seats; Upstairs – 70+ seats.
Outdoor: 40+ seats.
Parking: Ample parking is available with two municipal parking lots directly behind the property and additional parking on both sides of the one-way street, Pennsylvania Ave.
Financials:
Purchase Price: $2.8 million.
Lease Price: $16,500/month, which includes base taxes, CAM (Common Area Maintenance), and key money of $600,000. All inventory is included in the lease price.
Location & Size: This elegant bar and restaurant is a three-story property with a total area of 4,500 square feet (1,500 square feet per floor).
Features:
Design: The restaurant features a classic design with a private catering room.
Renovations: Completely renovated in 2021, including new furniture, fixtures, and equipment.
Kitchen: State-of-the-art industrial kitchen.
Accessibility: Equipped with an elevator servicing all three floors.
Roof & HVAC: New roof and five new A/C units.
Seating Capacity:
Indoor: 1st floor – 60+ seats; Upstairs – 70+ seats.
Outdoor: 40+ seats.
Parking: Ample parking is available with two municipal parking lots directly behind the property and additional parking on both sides of the one-way street, Pennsylvania Ave.
Financials:
Purchase Price: $2.8 million.
Lease Price: $16,500/month, which includes base taxes, CAM (Common Area Maintenance), and key money of $600,000. All inventory is included in the lease price.
About the Business
- Years in Operation
- 4
- Number of Employees
- 15
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,500
- Rent
- $16,500.00 per month
- Lease Expiration
- 1/1/2034
About the Sale
- Seller Motivation
- Other Business Interest
- Transition Support
- Yes
Listing Info
- ID
- 2280436
- Listing Views
- 1699
Listing ID: 2280436 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. See our full Terms of Use. Learn how to avoid scams.
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