Restaurant w/ full kitchen & bar

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Counter Service w/ Lots of Traffic!
Asking Price:
$65,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$7,000
not included in asking price

FF&E:
$65,000
included in asking price

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Business Description

Price Reduced! Turnkey restaurant quick-serve concept w/ full kitchen & bar Forest Lake. Established 2 1/2 years with a great following and consistent sales! Busy area with lots of traffic and convenient parking. Restaurant operation hours are 11am to 10pm daily. Full liquor license. A new owner will excel being involved with the business operations. Ownership is downsizing restaurant portfolio.
- Seating 35 bar & 46 dining
- Traffic Counts 15,400 VPD
- 17 staff members (owners aren't hands-on with business operations)
- Rent $4,006/month + operating costs (7 years remain on lease) new owner will have to assume or renegotiate lease w/ landlord.
• Restaurant Size 3,230 sq. ft.
• Patio seating
• FF&E $65,000
• Inventory Approximate $7,000 (not included in asking price)

About the Business

Year Established:
2016
Number of Employees:
17
Real Estate:
Leased
Building Sq. Ft.:
3,230
Rent:
$4,006.00 Per Month
Facilities:
3230 sq. ft. restaurant, quick service, seating 46 dining & 35 bar, vending, full kitchen & bar
Market Outlook/
Competition:
Yes, but this location has a parking lot and lots of traffic
Growth & Expansion:
Hand's-on ownership will excel this business
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About the Sale

Reason For Selling:
Downsizing
Training/Support:
Negotiable

Listing Info

ID:
1588520
Ad Detail Views:
0

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Business Listed by

Dan McGuire

Hospitality Services Corp.

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Sponsoring Broker:

Jerry Vlaminck
Hospitality Services Corp.

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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