First time offering for this historic institution!! This very much loved and respected full-service restaurant and bar has deep roots in the community! The passionate owner built out this amazing space forty years ago and it has served as a community fixture for decades! Known as the go-to spot for family dining, its active bar, private functions and off-site catering events, the business enjoys a strong and loyal following. Housed in a stunning structure, the space offers a unique blend of heritage and charm. It’s frequented by locals, politicians, and dignitaries. The business has been running absentee for some time. A long-term and loyal staff in place keeps the business running like a well-oiled machine and will stay on for new ownership!
With a consistent, year-over-year customer base and steady growth, there is significant upside potential. A light refresh of the menu and décor could further boost both sales and profits. Perfect opportunity for a seasoned operator, or an established group looking for a busy, profitable, one-of-a-kind spot to add to their brand. All sales and profits are verifiable which makes this an SBA bankable deal. Owners are reasonable and committed to a smooth transition; they respectfully ask we only share the details with well-qualified buyers who can verify proof of funds. Inquire to schedule a confidential showing of this rare must-see opportunity today!!
FACILITY: Historic Freestanding Building
PARKING: Private Lot, Public Lots and Street Parking
EQUIPMENT: The equipment is in good condition and has been well maintained.
LEASE TERM: Four years remaining with Three Five Year Options
BASE RENT: $18,500 (Includes the NNN)
CONCEPT: Family Restaurant and Sports Bar
SIZE: 7,992 square feet plus basement
SEATS: Seating for 254 (Licensed for 277 seats)
HOURS: Open daily for Lunch and Dinner
LICENSES: Full Liquor License, Entertainment License
SALES: $2,940,242 (60% Food 40% Liquor)
CASH FLOW: $275,000
ASKING PRICE: $650,000 (For the Business)
Ad#:2422352
