Asking Price: $550,00 2024 Sales: $1,867,400. Owner Benefit: (2024 SDI): $113,897
Rent: $4,500/month NNN (5 years left + renewal option)
Step into a proven winner with this iconic, family-owned restaurant that has proudly served the community for over 60 years. Now available due to the owner's retirement, this is a rare opportunity to own a deeply established neighborhood favorite with consistent 7-figure sales and a loyal customer base that spans generations.
Highlights:
Established Brand: Operated by the same family for over 6 decades, a trusted name in the region.
Turnkey Operation: Includes full staff of seasoned employees. 5 Full-Time Cooks, 1 Part-time Cook. 3 Dishwashers, 4 Full-Time Servers, 5 Part-Time Servers, 2 Full-Time Bartenders, 2 Bussers.
Owners Weekly Salary: $3,150
Outdoor Experience: A large covered patio draws thousands every summer for al fresco dining.
Ample Parking: Private 80-car parking lot - rare and valuable for this high-traffic location.
Financial Performance: 2022 SDI $65,059 2023 SDI $83,362 2024 $113,897
Weekly Gross Revenue: $36,900
Clean Financials: Transparent books and growing profitability year over year.
Included in the Sale: All FF&E (Furniture, Fixtures, and Equipment)
Proprietary Recipes
Established Social Media & Email Accounts
Goodwill & Brand Equity
Comprehensive Training from the Owner
Lease Details:
$4,500 / month NNN
5 years remaining with an option to renew
Why this Restaurant?
This is not just a business - it's a beloved institution. Its rich history, strong community ties, and outstanding seasonal patio experience make it a standout in the market. Perfect for an owner-operator or investor seeking a stable, cash-flowing asset with room to grow.
Ad#:2370976
