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NOTE: Yes, it is still available. If interested, please schedule a call to discuss further: https://calendly.com/christian-zarama/15min

Asking: $1,200,000
Gross Revenue (2025): Approx. $2,800,000

Net Income & Add-backs:
Restaurant 1 (2024): $180,930
Add-backs:
• Net: -119,982
• Salary: 137,256
• Interest: 62,823
• Depreciation: 9,315
• Amortization: 12,667
• Meals: 968
• Travel: 188
• Taxes: 42,695
• Vehicles (personal): 35,000

Annual Expenses:
• Utilities: $49,544
• Security: $120,692
• Telephone: $24,685
• Rent: $163,855
• Total payroll: approx. $8,000/week

Restaurant 2 (2024): $177,567
Add-backs:
• Net: -58,186
• Salary: 91,710
• Interest: 17,060
• Depreciation: 11,769
• Taxes: 108,831
• Amortization: 6,000
• Meals: 323
• Travel: 60

Annual Expenses:
• Rent: $108,830
• Utilities: $36,954
• Total payroll: $5,000–$6,000/week

Business Summary:
This is a rare opportunity to acquire a well-established restaurant package in a prime, high-traffic area, recognized as a local staple and a destination for dining and events. The property features a large patio that transforms during warmer months into a vibrant outdoor experience with music, games, and a cash bar.

The offering includes two distinct restaurant concepts under shared management and staff, along with a third revenue stream: a vintage-inspired mobile catering business. The mobile unit fleet includes restored vehicles equipped with beer taps, a rolling pizza oven, and a liquor cart, providing a one-of-a-kind off-site catering experience for weddings, private parties, and events.

This acquisition offers multiple revenue streams, a strong brand identity, and significant growth potential.

General Notes (Both Locations):
• Both restaurants are located near each other in a prime area.
• Shared patio in summer with music and a cash bar.
• Shared staff, management, and landlord.
• Properties are leased (not owned), with 2.5 years remaining on current leases. Landlord may extend a 10-year lease for the right buyer, potentially at a reduced rate.
• Separate liquor licenses.

Owners / Roles:
• Owner 1: oversees payroll (5–10 hrs/week)
• Owner 2: manager of Restaurant 2 (50 hrs/week)

Restaurant 1:
• Modern American cuisine & craft beer in a garage-style space
• Established 10 years
• Seating: 60–70 inside, 60 outside (up to 85)
• Operating hours: Mon–Fri 4 PM–12 AM, Sat–Sun 12 PM–2 AM
• Recently renovated for a dining-focused experience
• Total space ~2,400 sq. ft. (includes upstairs storage)
• Features the largest patio in the area
• Monthly rent: $14,000
• Lease: 2.5 years remaining; landlord may extend 10 years at discounted rate
• Unreported cash components: cash bar and private parties
• Staff: 1 manager, 2 cooks, servers, bartenders

Restaurant 2:
• Modern Italian pizza and craft cocktails
• Established 5 years
• Seating: ~60
• Operating hours: Tue–Fri 4 PM–12 AM, Sat–Sun 12 PM–2 AM
• Space: ~1,500 sq. ft.
• Rent: Restaurant $7,000, Office/Storage $2,500
• Lease: 2.5 years remaining; landlord may extend 10 years at discounted rate
• Unreported cash component: private parties
• Staff: Owner/manager, cook, bartender, servers

Mobile Catering Component:
• Vintage-inspired catering vehicles with beer taps, pizza oven, and liquor cart
• Serves weddings, private parties, and corporate events
• Pricing per event varies based on party size and service type
• Restaurant staff supports catering events

Reason for Sale:
Owners are focusing on other business ventures and relocating out of state.

Upside Potential:
• Expand operating hours (weekday lunch)
• Increase marketing, particularly for mobile catering