Business Summary:
The restaurant is located in Old City around 3rd and Market st. The Sale includes the restaurant, all the furniture and fixtures and the building. Property alone was appraised for 3.2 million. Also included are liquor license with Sunday sales permit, entertainment license and amusement permit which allows music, live or recorded. There are two assumable notes, so a new buyer could assume the loans and would need another $300K to buy the whole thing. Ideal location and space for Catering and Wedding Banquet business, and has been pre approved by Crystal Rose Wedding and Events Franchise. Crystal Rose does not required Franchisees with experience and will provide full training and support. The location is also ideal for night club, jazz club, or anything else you can think of. Buyer must have good credit and be financially qualified in order to be able to assume the notes, so please be prepared to sign a non-disclosure agreement and provide a financial statement. Serious inquiries only.
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