Business Summary:
Great opportunity to make significant gains with this American Style Bistro & Lounge. The facility is like new and has a very appealing look and feel. The business is currently running way below its’ potential due to the limited hours and absentee owners. Food accounts for 65% of sales; however a new Owner could easily move towards more food or focus on alcohol sales. Sales could be grown dramatically with the longer hours and new energy. This is the perfect fit for a Chef or Owner Operator.
LICENSES: Full Liquor License, Full Entertainment License and Live music
SALES: Approximately $275,000 per year (with limited hours of operation)
PRICE: $197,000
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| Year
Business was Established: 2007 |
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| Number of Employees:
6 |
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| Facilities / Terms of Lease:
The space is approximately 2,500 square feet; the facility has been beautifully built-out and consists of a very functional floor plan with a large open kitchen.
CONDITION: The building and restaurant are new and in Excellent condition.
PARKING: Plenty of Parking
EQUIPMENT: The equipment has been well maintained and is of good quality.
LEASE TERM: (3) year lease with three Five (5) options.
BASE RENT: $2,000 per month (well below market rate)
CONCEPT: American Bistro & Lounge
SEATING:75 seats (Outside seating option available) |
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| Owner
willing to finance:
Some Financing available for qualified buyers |
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| Owner
willing to train:
Training will be provided |
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| Reason for selling:
Owners are not Industry people |
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Seller Reference Number: bm425809409
BusinessMart.com Listing Number: 61114 |
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