Lovely Bar & Restaurant
Asking Price: | $399,000 |
Inventory: | $19,000 |
Established Year: | 2021 |
Gross Revenue: | $1,170,000 |
FF&E: | $120,000 |
Perfect for an owner-operator!
Very nice full-service, American-style restaurant with a full bar that offers beer, wine and spirits. The restaurant is in excellent condition and has all new equipment less than 6 years old and leases the space in a building which is less than 10 years old. The restaurant also offers food for delivery using 3rd parties (Uber Eats, etc) and occasionally does catering for events. Sales have been steady ~$1M every year since opening in 2021.
The restaurant is located on a highly trafficked road in a commercial district adjacent to a large residential neighborhood and only 5 mins from the highway. There are ~15 employees including a full-time GM and head Chef; employee turnover is very low at ~10% annually.