Profitable, Turnkey Restaurant - Great Location
Business Description
This restaurant and bar with full liquor license which has been in continuous operation for over 25 year is a turnkey business. Although it is situated in area's premier shopping and dining district with high traffic it benefits from a long-term lease with low rent compared to nearby establishments. The restaurant has consistent sales with strong cash flow. There is a trained staff with FOH & BOH management in place. The spacious facility includes (2) dining rooms and bar with table top seating, accommodating a total of 172 guests. A covered outdoor seating area with Gazebo provides space for 36 patrons. The atmosphere is casual upscale and has repeat clientele. The owner keeps excellent books and financial records. With a strong reputation and consistent performance, this is an exceptional opportunity to acquire a successful restaurant offering immediate cash flow in a desirable demographic area and with a motivated seller is attractively priced at $495,000.
About the Business
- Years in Operation
- 26
- Number of Employees
- 29
- Facilities & Assets
- Restaurant occupies approx. 3,175 sq. ft, in a strip center offering ample parking. The facility includes a fully equipped kitchen and the 2nd dining area can be easily closed off for special events & private parties.
- Market Outlook / Competition
- The restaurant operates within a prime shopping and dining area; therefore, there is competition. However, its established presence and favorable location provide a significant advantage.
- Opportunities for Growth
- Currently operating for lunch, dinner & Sunday brunch, the business has untapped potential. The separate event area is underutilized, and a new owner could easily introduce catering services and breakfast.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Owner is selling due to health-related issues.
- Transition Support
- Seller will provide sufficient training to ensure a smooth transition at no charge
- Financing Options
- The business will qualify for funding by a national SBA lender.
Listing Info
- ID
- 2379273
- Listing Views
- 183
Listing ID: 2379273 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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