Details - Information last confirmed on November 25, 2020
Listing ID # 29735
Great Bar & Grill w/bsmt. The owner spent considerable time and money designing this location with great attention to detail. They are observant of covid regulations. It is a great local restaurant offering burgers, fries, beer/wine, a friendly atmosphere and great customer service. It has all that a restaurateur would look for, low rent ($4,000/mth), 1,200 sq. ft., plus a 150 sq. ft. yard a large kitchen with full grill and hood and a finished prep basement of 600 sq. ft. You can come in today and operate without having to spend a penny on upgrades/repairs. The menu can be expanded to add daytime service, weekend brunch, etc. They are currently open Thursday - Sunday 4PM - 11PM. Closed Mon-Wed. There 4 years remaining on the lease with 4% annual increases. The business currently operated on an absentee basis as the owner has moved out of the country. In the past year the business grossed approx. $300,000.00. This location needs an owner/operator to really grow. The current payroll is approx. 30% of gross sales. We are seeking a serious and financially qualified buyer with at least $75K in liquid funds to cover the down payment and rent security.
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