Restaurant & Bar - Beautiful Condition

Business Overview:

Say hello to this fresh, full-service, American-style restaurant with a nice full bar that offers beer, wine and spirits. The restaurant has all new equipment less than 6 years old and leases the space in a building which is less than 10 years old. The restaurant also offers food for delivery using 3rd parties (Uber Eats, etc) and occasionally does catering for events. Sales have been steady every year since opening in 2021.

The restaurant is located on a highly trafficked road in a commercial district adjacent to a large residential neighborhood and only 5 mins from the highway. There are ~15 employees including a full-time GM and head Chef; employee turnover is very low at ~10% annually.

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Property Features and Assets:

The restaurant is located in a small, new, attractive commercial center on a busy street. The restaurant is 2,700 sq. feet indoors with additional seating on a 300 square feet outdoor patio in the front. There is ample free, shared-lot parking behind the restaurant and along the street. All furniture, fixtures and equipment (FFE), licenses, and inventory is included in the sale other than the restaurant name - a buyer must bring a new name. The FFE is all new and in excellent condition. All licenses are current and clear.

Market Competition and Expansion:

Excellent opportunity for a first-timer wanting to buy an established restaurant & bar, or a current restaurant owner wanting to expand their footprint, in a great location with loyal employees and strong repeat business. Ideal buyer would be able to operate the restaurant thus eliminating the current GM position and improving cash flow.  The restaurant is dinner-only, but there are several growth possibilities regarding operating hours, events, etc.

Reason for Selling:

Additional Details:

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