Restaurant/Bar Business For Sale

Restaurant/Bar Business For Sale

OVERVIEW:

• 1,473 SF End-Cap High-Profile Restaurant with Large Open Patio
• Upscale Restaurant/Bar “Business Opportunity” Available for Sale in Booming Health District
• Fully Equipped Established  Bar & Restaurant
• Perfect for any Entrepreneur Looking to Own and Operate an Existing Bar, Restaurant, Club, Brewpub or Lounge
• Prime Location
• High Foot Traffic Area surrounded by Popular Nightlife Spots
• Turn-key Setup
• Built-in Bar, Outdoor Enclosed Patio, Full Kitchen, Hood, Walk-in Cooler, and More
• Move-in  Ready!

SALE WILL INCLUDE: 

• All Furniture, Fixtures, Equipment, plus the following; Turn-key Business, All Recipes, Menu, Website, Social Handles FF&E
•  Trade Name etc. and Assignment of Lease Hold

TOP FEATURES:

• State of the art Lighting and Sound Technology
• Automated POS System
• Liquor License, Bougie Menu and Craft Cocktails

ASSIGNABLE LEASE: 

• 5 Year Lease with 3 5-year Options to Renew at Below Market Rate
• New Tenant Build-out & Equipment Valued at +/- $700K
• Business has been Operational since 2020 and has steady Gross Sales over $1M Annually

STAFF STRUCTURE: 

• A Stable Workforce of +/- 10 Employees (scalable to 20)
• Owner will stay on and Train New Operator for up to 1 month or as necessary  to offer an Easy Transition Period to ensure a smooth handover

INVENTORY:

• +/- $38K of Inventory ready to support operations immediately