$700,000 in net income, low rent, prime location, high profit
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This business features a $2,500,000 asking price and generates $700,000 in net income from $3,240,000 in annual gross revenue.
The 2,700 sq. ft. space benefits from exceptionally low rent at $4,700 per month, with a 5-year lease and two 5-year extension
options.
Key highlights include:
- Capacity: 50-55 indoor seats and 60-70 outdoor seats.
-
Assets: Includes a Type 47 liquor license and a basement wine cellar/storage area.
Equipment: Fully equipped with a 24 ft. Ansul hood system, two 6-burner range ovens, a walk-in fridge, a double-door stainless
steel freezer, a double-basket fryer,a salamander, and a charcoal grill.
- Operations: Currently managed by 15 part-time employees.
This is a significant opportunity for the right investor to secure a high-performing asset with manageable overhead. Please let me
know if you would like to discuss this further or schedule a viewing.
The 2,700 sq. ft. space benefits from exceptionally low rent at $4,700 per month, with a 5-year lease and two 5-year extension
options.
Key highlights include:
- Capacity: 50-55 indoor seats and 60-70 outdoor seats.
-
Assets: Includes a Type 47 liquor license and a basement wine cellar/storage area.
Equipment: Fully equipped with a 24 ft. Ansul hood system, two 6-burner range ovens, a walk-in fridge, a double-door stainless
steel freezer, a double-basket fryer,a salamander, and a charcoal grill.
- Operations: Currently managed by 15 part-time employees.
This is a significant opportunity for the right investor to secure a high-performing asset with manageable overhead. Please let me
know if you would like to discuss this further or schedule a viewing.
About the Business
Real Estate
- Owned or Leased
- Leased
Listing Info
- ID
- 2477612
- Listing Views
- 442
Listing ID: 2477612 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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