Established and fully equipped restaurant with all the bells and whistles. This is fine dining at its finest. Beautiful furniture and fixtures. A spacious open floor plan of 5,000 square feet. Offers private booth seating and a full bar.
This kitchen is a chef’s playground with a type 1 hood, walk-in refrigeration, plenty of storage space, and room enough for a big chef to make big things and all the little chef helpers.
This is located in the downtown area, where there is a huge customer base for you to cater to. There are colleges, theaters, and businesses galore just a walk or short drive away. So, for customers and possible employees, you’d be looking good.
There is excellent potential with this restaurant, as the current owner is an absentee owner here. Current owner is paying full staff to include an executive chef and a front of the house manager. On top of this, the restaurant only serves dinners 4 nights a week. (For a total of only open 24 hours a week). The lease here is also somewhat worth bragging about, with lots of time left on it and at only $5,500 per month.
This restaurant does over half a million in sales annually, but with an owner-operator in place daily, these sales could stretch to $600,000 or $700,000 annually with a solid six-figure net income.
Other kinds of food concepts that probably would do well here are a diner or Indian cuisine. Or perhaps take advantage of this space and sublease this restaurant out in the mornings to a Chef du Petit Dejeuner (which means breakfast chef). It’s win-win as the breakfast chef could get a very low sublease but have access to a beautiful restaurant set up. Also, for you, the new owner, it’s an excellent extra passive income. That sentence even tastes good!!!
