Newly built out full service restaurant with an exceptional look and upscale atmosphere. This turn-key restaurant and lounge is in outstanding condition with over $600,000 spent on a recent renovation. This is truly an ideal setup, it has everything a General Manager or Chef would want. This is run absentee at the moment but gross sales and the bottom line could be significantly improved with involved Owner/Chef. This Seller is willing to offer financing with $175,000 down which is a great opportunity for a Buyer with limited cash.

FACILITY: This is a 1,900 s/f store-front facility in the middle of the downtown area. The space is immaculate and it has beautiful state of the art equipment. There is plenty of free parking.
PARKING: On street parking & public parking lot.
EQUIPMENT: The equipment is in like new condition and is of excellent quality.
LEASE TERM: Five (5) years remaining on the lease with 3 five year options
BASE RENT: $5,500 per month (this includes the triple nets)
CONCEPT: Full Service Restaurant & Sports Lounge
SEATING: 100 seats inside plus 20 outside
HOURS: 11:00AM – 1:00 AM
LICENSES: Full Liquor & Entertainment (1:00 AM)

Posted Feb 2, 2016

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