This is a great opportunity to own a well-known, new Restaurant/Bar in Suburban Wayne County. Established in 3/2023, this “new build” Restaurant/Bar is located in a downtown district across the lake surrounded by plenty of residential and commercial properties in the surrounding areas. Approximate build-out of $1.45 million, every aspect of this establishment has been custom made and tastefully decorated. The décor had a cost of more than $150,000 alone throughout the dining and bar areas. Fully equipped kitchen is in “brand new” condition and all the equipment is serviced and maintained regularly. Full menu consists of: Appetizers, Salads, Steaks, Seafood, Chicken, Pizza, Burgers, Sandwiches, Sides, Dessert and so more. Great drink menu! Live entertainment Thur-Sat! Current owners do no advertising…A new owner/operator with some creative advertising/marketing along with adding Keno, extend the hours and menu, you have HUGE potential to the already solid figures. Partnership conflict forces sale! The possibilities are endless for an owner/operator with a vision. A must see/must have business that will not last long! Restaurant shows beautiful!! Owner will train! Call Armen Nazarian Business Brokers
- Asking Price:
- $1,200,000
- Sales Revenue:
- $1,200,000
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Approximate build-out of $1.45 million, every aspect of this establishment has been custom made and tastefully decorated. The décor had a cost of more than $150,000 alone throughout the dining and bar areas. Fully equipped kitchen is in “brand new” condition and all the equipment is serviced and maintained regularly. Full menu consists of: Appetizers, Salads, Steaks, Seafood, Chicken, Pizza, Burgers, Sandwiches, Sides, Dessert and so more. Great drink menu! Live entertainment Thur-Sat!
- Size in square feet:
- 3,300
Business Operation
- Expansion Potential:
-
Current owners do no advertising…A new owner/operator with some creative advertising/marketing along with adding Keno, extend the hours and menu, you have HUGE potential to the already solid figures.
- Reasons for selling:
-
Partnership Conflict
- Employees:
- 6 FT / 10 PT
Other Information
- Support & training:
-
Seller will Train
- Inventory / Stock value:
- $15,000