Fully staffed Classic American Restaurant with a loyal customer base for immediate sale! With a diverse menu offering breakfast, lunch, and dinner, a full liquor bar, and live entertainment three nights a week, this business presents a unique opportunity for the new owner to take the reins. The well-equipped kitchen and dining room provide the perfect foundation for continued success. With enormous growth potential, including expanding dinner service, tapping into the catering market, and opening for dinner seven nights a week, the sky is the limit. The restaurant is family-owned and operated, and the team takes pride in delivering an outstanding culinary experience with exceptional service. Don't miss out on this rare gem that is ready for a new owner to build on its existing success and unlock its full potential.
- Asking Price:
- $500K - $1M Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1M - $5M
- Cash Flow:
- $50K - $100K
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$116,676 per annum
- Premises Details:
-
The well-equipped kitchen and dining room provide the perfect foundation for continued success. Key equipment includes various refrigeration and prep stations, cooking appliances, a hood system, a walk-in cooler/freezer, an ice machine, and more. The dining room features a diverse range of seating options, a bar with beer and wine coolers, an espresso machine, and a user-friendly Toast POS system.
- Size in square feet:
- 3,900
Business Operation
- Expansion Potential:
-
The growth potential is enormous, with dinner revenue currently accounting for a third of the business' revenue. Expanding dinner service, tapping into the catering market, and potentially opening for dinner seven nights a week offer exciting possibilities for the new owner.
- Reasons for selling:
-
Owners desire more time with family and have other interests
- Trading hours:
-
Mon-Sun 7am - 2 pm daily
Tue-Sat - 5pm - 9pm
- Employees:
- 20
- Years established:
- 2013
Other Information
- Support & training:
-
Seller will help with transition as agreed in Asset Purchase Agreement.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Furniture / Fixtures value:
- $359,233 - included in the asking price
- Inventory / Stock value:
- $76,247 - included in the asking price
