Award Winning Established Restaurant & Brewery with Liquor
Asking Price: | $1,375,000 |
Gross Revenue: | $1,921,105 |
Rent: | $7,379.24/Month |
Established Year: | 2015 |
Cash Flow: | $367,659 |
Inventory: | $13,500 |
FF&E: | $219,550 |
Franchise Ready
This well-established restaurant & brewery has been a beloved part of the community since 2015. With a loyal customer base and a prime stand alone location, this business is poised for expansion and franchise posibilites. The restaurant offers a diverse menu including farm to table options that caters to a wide range of tastes, making it a go-to spot for both locals and visitors. With seating for over 300 people it easily accommodated large parties, live music, events and more. Over 20 taps of in house produced beer and full liquor bar.
Owner/operator benefit potential of over $542K/yr.
Location, financials, and contact information available upon signing NDA.
Key Features:
Established Reputation: Almost a decade of serving high-quality food and beer, with excellent reviews and strong online presence. Top rated in the area on Yelp (4.1 with over 500 reviews) and Google (4.5 with over 1K reviews).
Prime Location: Over 9,000 sqft stand alone building situated on main road with 190 foot of frontage. Busy road serves as the main path to the downtown area and tourist areas. Great landlord! Building is currently leased ($12,100/month including property taxes and insurance) with 3 years remaining on the lease and extension available. Also, building purchase available.
Fully Renovated: Completely renovated restaurant including new bathrooms, bar area and main dining area with the addition of a private lounge/event area and large outside beer garden. The brewery has been completely renovated and all equipment is less than 7 years old all in perfect operation.
Fully Equipped Kitchen: Large kitchen setup with all necessary equipment included in the sale. Additional income potential with leasing shared kitchen space as commissary kitchen.
Experienced Staff: Top tier management and service from a dedicated team in place, making for a smooth transition for the new owner.
Loyal Customer Base: Strong relationships with local patrons and regular events that draw in crowds. Established monthly paid membership program with over 400 members!
Growth and Franchise Potential: Complete franchise package completed including FDDs, operations manual and more. Opportunity to expand through franchising, distribution, catering services, delivery options, and special events to increase revenue.
Financials: Detailed financial records available upon signing NDA.
The current owner is moving out of state and would like to pass on this thriving business to a new operator who can take it to the next level.
Take advantage of this fantastic opportunity to own a successful restaurant and brewery with a rich history and a bright future!