Hot Listing
Bar/Restaurant with rental apartments
Business Description
Thriving Bar/Restaurant with 99 person capacity + 3 rental apartments above. Sale includes the property, the restaurant with all its equipment, and the plenary retail consumption license for alcoholic beverages (33). The enclosed porch has been newly decorated with tables and chairs. The business is currently open open only 5 Days a week, except during football season, and only for dinner. Great potential for growth with 6 day operation and adding lunch hours. Additional income from 3 apartments, recently updated with renovated bathrooms, kitchens and and interiors. Gross Revenue breakdown is $820,000 from restaurant, $86,400 from apartment rentals
About the Business
- Facilities & Assets
- Type 33 liquor license, 2 Fryers,Fryer fridge station, Six burner stove, Salamander, Grill, Grill fridge, Salad fridge station, Prep fridge station, 2 Chest refrigerators, 3 bar coolers, Kitchen ansul system, Exhaust hood and duct system, Heat lamp, Large 8’ x 16’ walk-in cooler, Custom-built Bar w/ 27 taps, 60 dining chairs, 23 taller chairs, 3 baby seats, 19 dining tables (5 two tops, 14 four tops), 10 TV screens and a CCTV camera, New commercial heating boiler.
- Market Outlook / Competition
- Highly trafficked street location. High population in the area = high demand for places to eat, drink, and socialize.
- Opportunities for Growth
- Great potential for growth by expanding from 5 to 6 or 7 day a week operation and by opening for lunch in addition to dinner.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 3,960
About the Sale
- Seller Motivation
- retirement
- Transition Support
- As needed
Listing Info
- ID
- 2309739
- Listing Views
- 2831
Listing ID: 2309739 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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