This opportunity offers a unique opportunity to own a Prime Restaurant & Bar in a highly coveted location. Surrounded by key attractions and a steady flow of tourists, it offers all of the activity generators an operator is looking for. Completely rebuilt recently with a $1.8 million build-out, the restaurant boasts a modern, stylish interior, a fully equipped kitchen, and an outstanding Patio with 150 outdoor seats, setting it apart in the city's vibrant culinary scene. The asking price includes a Full Liquor License with a value of $625,000! The name is not included in the Sale.
FACILITY: Top-notch buildout and design. $1.8 million rebuild in high-traffic area
PARKING: City parking lots/garages in the area
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:7 years with one (1) five-year option
BASE RENT: $18,000 per month
CONCEPT: Full-Service Restaurant
SIZE: 2,492 square feet
SEATS: 72 inside, 150 outside
HOURS: Open daily at 11:30 AM (License until 2:00 AM)
LICENSES: Full Liquor License (Valued at $625k)
SALES: $2,323,283
ASKING PRICE: $1,175,000 (For the Business) – The Name is Not Included in the Sale