This full-service restaurant and bar offers a great value proposition. The site offers a spacious and inviting atmosphere ideal for lunch, dinner, late-night, and functions. Opening costs were well over $2.5 million, and the features include a 32-seat patio, a top-of-the-line build-out, design and equipment package. The asking price includes the full liquor license with a value of $650,000. This is an excellent opportunity, and is prime for easy conversion.
PARKING: City Parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 3.5 years remaining plus one (1) five-year option
BASE RENT: $9,003 per month plus NNN (all in approx. 20k) until Feb 2029
CONCEPT: American Bar & Restaurant
SIZE: 7950 sq ft
SEATS: 196 inside + 32 seasonally outdoors / Capacity = 256
HOURS: Open 11:30a-11p Mon-Fri; 12p-11p on Sat.
LICENSES: Full Liquor License
SALES: $3,000,000
ASKING PRICE: $889,000 (For the Business)
Ad#:2399948
