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Asking Price$550,000
Revenue$0 Established2011
Cash Flow$0 EmployeesUndisclosed
FF&E$500,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Very high end, custom built, 200 seat, state of the art Restaurant & Bar. It has 2 floors with 3600 sf on each floor. This build out with real estate and equipment cost seller almost six million dollars. This place offers bally walk-in boxes, a break room, separate employee restrooms, a state of the art all legal lower level board of health approved prep area, high output energy rated ac/heat, and just way to much to list- including legal septic for 200 seat restaurant. Additional real estate also available for more parking if desired. Broker Jim states this is one of his nicest restaurants ever listed. Seller may consider sharing branded name from other locations or consider a partnership with qualified buyer. This business is open but due to unfortunate circumstances numbers are not great. This is a super location for dinner, a catering hall, a steak house, a seafood restaurant, an Italian restaurant, a rib restaurant, or any other major food chain. This is a must see with high traffic and super visibility. Please provide proof of funds. $550K FOR KEY, rent triple net will be about $20k with 20 year lease. Real estate is also available through PMTG REALTY For a additional $3.6. Seller states recent appraisal is over four million dollars. This is an open-minded seller, bring your ideas. Real estate taxes about $47k but seller states were not grieved listing 25646.
Training/Support:Seller willing to train
Seller Financing:$550,000.00 Down and TBD
Sale Reason:Personal
Ad #64488
Seller Reference #25646
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Jim Aloi
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