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- RE: Highly Profitable Restaurant & Bar Opportunity
- Contact: Eric Mendelsohn
Quick Facts
Asking Price: | $1,950,000 | |
Annual Revenue: | $1,773,175 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $355,436 | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 20 | |
BBN Listing #: | 985097 | |
Broker Reference #: | 6842-830761 |
Business Overview:
**Turnkey Opportunity: Own a Beloved Community Landmark!**
Dive into the heart of a thriving community with this well-established, family-owned restaurant and bar, a beloved local institution for over 10 years. Here’s why this is an investment not to be missed:
**Award-Winning Cuisine**: Renowned for its signature chicken wings, succulent steaks, and authentic tacos, this restaurant boasts an extensive menu that caters to all tastes, from gourmet burgers to fresh salads, ensuring a broad appeal.
**Prime Location with Parking**: Enjoy the advantage of your own exclusive parking lot, a rarity in the area, enhancing customer convenience and boosting foot traffic.
**Loyal Team, Stellar Service**: Benefit from a dedicated and experienced staff with low turnover, ensuring consistent, high-quality service and operational excellence.
**Historic Charm**: Housed in a building with over 50 years of history as a dining spot, this restaurant offers a nostalgic ambiance that patrons love.
**Diversified Revenue Streams**: Not only does it excel in dine-in, but it also features a robust catering service, including off-site events. Plus, a thriving takeout and delivery business through partnerships with GrubHub, Uber Eats, and DoorDash, adding significant revenue and reach.
**Sports Bar Hub**: The full-service bar with multiple screens is the go-to place for sports enthusiasts, creating a lively atmosphere and regular clientele for game days.
**Growth Potential**: With opportunities to expand bar operations, extend hours, amplify marketing, and further leverage the delivery platforms, there's significant room for growth and increased profitability.
**Investment Details**: The listing includes real estate valued at $1,100,000, with seller financing options to make your transition into ownership smoother.
Seize the chance to own not just a business, but a community treasure. If you are an existing operator of a restaurant, this could qualify for $0 down payment at the closing. For more details, please submit your inquiry today!
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Reason for Selling:
RelocationAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
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