LISTING ID # 36363
Looking for a spacious restaurant in a prime location? This free-standing, 6,000 sq ft niche burger restaurant could be perfect for you! With seating for 130, the space features a full bar, large prep basement, 5 walk-in boxes, and a sizable walk-in freezer. The main manager earns over $100k annually, and the seller profits around $2k weekly, operating mostly absentee. A dedicated, hands-on owner could easily earn over $200k annually. This fantastic restaurant offers excellent exposure and has a low rent of only $7k monthly (triple net) plus $3k in taxes. Sales are up by 11% from last year! With 17 years remaining on the lease and an option to buy the real estate at an under-market price of $1 million within the next 7 years, this is an opportunity not to be missed. The restaurant comes fully equipped with approximately $250k worth of equipment, making it ideal for any major franchise or specialty restaurant, catering, or bar. It also boasts great parking and is situated in a bustling location, perfect for breakfast, lunch, dinner, or catering. Contact broker Jim Aloi to schedule a meeting and see this fabulous restaurant for yourself. Don’t miss out on this great listing, priced for a fast sale in a desirable location!