Modernly-Styled Bar & Restaurant with Full Entertainment

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Modernly-Styled Bar & Restaurant with Full Entertainment
Asking Price:
$975,000

Gross Revenue:
$2,000,000
Cash Flow:
$400,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Modernly styled Bar & Restaurant with full entertainment. This ideal site has multiple activity generators with strong profit centers. No expense was spared on this top-notch design and build-out. The facility has a 500 person capacity with a 2,500 square foot Patio. This is a must-see opportunity!!

FACILITY: Large freestanding building with huge patio and live music
PARKING: Plenty of dedicated parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 27 years remaining
BASE RENT: $11,500 NNN
CONCEPT: Modernly styled Bar & Restaurant with full entertainment
SIZE: 7,500 square feet inside & 2,500 square feet of patio
SEATS: Inside capacity 375, 125 on patio
HOURS: Sun-Thurs 12p-12a; Fri & Sat 12p-1a
LICENSES: Full Liquor & Entertainment Licenses
SALES: $2,000,000 per year (60% alcohol)
CASH FLOW: $400,000 per year (recast as an owner/operator)

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Listing Info

ID:
1515112
Ad Detail Views:
232

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Business Listed by

Todd Smith

Corbett Restaurant Group

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