Upscale Restaurant with Separate and Private Speakeasy - Strong P&L

Asking Price$799,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$2,500,000

Inventory$50,000
Not included in asking price
FF&E$100,000
Included in asking price
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Upscale Restaurant with Separate and Private Speakeasy - Strong P&L


Asking Price$799,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$2,500,000

Inventory$50,000
Not included in asking price
FF&E$100,000
Included in asking price
Business Description
Very strong 2023 P&L of $233K which includes some extensive remodeling of dining area and speakeasy in expenses. 2024 off to a great start.

Fantastic upscale atmosphere. Excellent reviews (4.5+) for food, presentation and service. Serves lunch and dinner. Great location, easily accesible from many businesses, apartments/condos, and visitors. White table cloth dining with a unique and varied menu. Wonderful place for a special party or private event, catering is available too. Pasta dishes, steaks & seafood presented in stylish surrounds with shaded outdoor seating available along with the indoor dining room. Extensive wine selections for the perfect pairing with your meal.

Speakeasy has a separate private entrance. Bar area with cozy seating surrounding several fireplaces. Lots of privacy as seating is spreadout.

Both restaurant and speakeasy serve wonderful signature cocktils and mixologists can custom make to serve the most discriminating tastes.

Sales continue to grow rapidly.

This is an one of a kind opportunity. The interior was recently updated, giving the restaurant and speakeasy an even more elegant and welcoming look.
About the Business
Years in Operation
5
Number of Employees
30
Facilities & Assets
Beautiful main dining area with private dining room available. Small bar in the dining area as well. Kitchen is extremely well laid out for excellent flow for both chefs and servers. Speakeasy also has a bar area and lots of cozy areas for intimate conversations. Several fireplaces as well.
Market Outlook / Competition
Sales continue to grow and business has developed a large and loyal following. Very unique with no in kind competetion.
Opportunities for Growth
Significant growth can be cahieved in both the dining area and the speakeasy. Catering could be significantly grown. Lots of opportunities for more private parties and events.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,147
Rent
$15,367.50 per month
Lease Expiration
9/1/2032
About the Sale
Seller Motivation
Other business interests
Transition Support
Owner will train depending on needs of Buyer.
Listing Info
ID
2202773
Listing Views
1000

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Business Listed by: Curtis Harper Sirius Realty LLC

Listing ID: 2202773 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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