Very appealing restaurant space in excellent location. This is an excellent opportunity for someone with a new concept looking for a turnkey restaurant space in a good location within HRM.
Very attractive customer area with seating for up to forty patrons featuring a mix of booths and tables with bar seating as well. Booths are on casters so can be easily moved to accommodate different party sizes / room set up. A small patio area provides seating for up to 10 patrons.
A long bar down the left side of the space is a very nice feature and provides additional seating for singles or couples.
The kitchen is very well laid out, clean and well equipped. No hood is there currently but can be added. There is a large basement area with excellent storage for dry goods and supplies and an office area for management to do paperwork.
The location has generated revenues in excess of $700K per annum which is attributable in part its location at a very busy intersection.
859 sq ft of customer area on main floor and 314 sq ft of basement storage and office space. Lease expiring on 31st March 2022 but the landlord has indicated a willingness to write a new lease for the Buyer of the assets. Net rent of $3,200 per month and additional rent of $1,100 per month, for total rent of $4,300 per month.
Sale assets include furniture, fixtures, equipment & leaseholds, all restaurant & bar utensils, glassware, crockery. Excluding liquor and food inventory.
Price $150K. Liquor and food inventory can be purchased at cost.
Seller Reference #HALIFNS001-N571
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