Very profitable restaurant and bar with unlimited potential. Established 17 yrs, with a long history as a successful bar and restaurant. This established bar and restaurant offers a casual, family-friendly atmosphere and serves delicious cuisine. With a loyal customer base and a prime location, this business is a great investment for any aspiring entrepreneur. 2 large room inside( 23 tables + 4 separate)Two sides patio and 8 employees. High-Volume Well Established Restaurant and Bar.
Serious Inquires only. Buyer Profile and Financial is a must to purchase.
PLEASE DO NOT CONTACT EMPLOYEES OR MANAGEMENT DIRECTLY WITHOUT SETTING UP SHOWING WITH BROKER.
Asking price is $620,000.
Gross sale is about 1,800,000 per year.
Net is about $500,000 a year
Current rent is $11,000
from April 2024 rent will be $12,500
Prop taxes are about $25,000 a year.
9 years remaining on the lease.
2 large room inside( 23 tables + 4 separate)
Two sides patio
8 employees
