Popular approachable upscale bar & restaurant for sale

Asking Price$575,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,600,000

Inventory$85,000
Not included in asking price
FF&E$400,000
Included in asking price
Dining Room
Lounge
Bar
Dining
Dining Room
Lounge
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Popular approachable upscale bar & restaurant for sale


Asking Price$575,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,600,000

Inventory$85,000
Not included in asking price
FF&E$400,000
Included in asking price
Business Description
Offered for sale is the Copper Crow, an established approachable, upscale bar & restaurant located in the historic Andrew Kirk brewery building in Albany, New York's popular warehouse district. Located at 904 Broadway, the establishment sits right in the heart of Albany's preeminent nightlife and dining district with multiple breweries, bars, pubs, & distilleries all conveniently located in a half mile stretch.

The freshly renovated restaurant features a 96 seat dining room with a combination of high top, booth and regular height tables, a 42' 18 seat bar, a lounge with seating for 18, and an outdoor deck with seating for 30 people. Unique vintage pieces, local art work & murals, and upcycled items complete a fun and hip city-style warehouse decor. Known for it's expertly crafted cocktails and a menu of fun, bold fusion flavors, the restaurant is currently operating and fully staffed.
About the Business
Years in Operation
5
Employees
35
Facilities & Assets
Price includes all FF&E including but not limited to recently purchased high end kitchen & bar equipment, interior and exterior tables & chairs, point of sale systems, televisions, audio equipment, high end decor and fixtures, vintage and antique decor, kitchen wares, dining room wares & more.
Website
http://www.coppercrowalbany.com
Market Outlook / Competition
The restaurant is located in one of the Capital District's most rapidly growing areas. The warehouse district has seen explosive growth over the last couple of years, which will be helped by new public parking that is expected to come online over the summer. The establishment serves a diverse clientele with price point offerings that allow for people to visit for an inexpensive beer & burger or enjoy a high end night out.
Opportunities for Growth
The establishment is still in a young growth face with the potential for substantial organic growth. In addition there is an opportunity to expand operating hours to include lunch during the week and to build out weekend "brunch offerings."
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,700
About the Sale
Seller Motivation
We have been in the business for ten years and have a recent need to spend more
Transition Support
Support, training & consultation agreement available.
Listing Info
ID
2356078
Listing Views
1214
Business Location

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Business Listed by: Jason Pierce

Listing ID: 2356078 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.