Profitable Turnkey Restaurant & Bar for Sale
Asking Price: | $795,000 |
Gross Revenue: | $2,000,000 |
Rent: | $8,150/Month |
Established Year: | 1993 |
Cash Flow: | $245,000 |
Inventory: | $50,000 |
FF&E: | $305,000 |
Full service casual restaurant/bar in high visibility location
Established profitable restaurant and bar available to purchase. Keep or convert to your concept. The owner has made his fortune over several decades of operating, and is preparing to step back and enjoy the fruits of his labor in retirement! Owner takes home $225k + annually after all expenses.
This establishment is a neighborhood darling and customer magnet, strategically located in a high-visibility area. The fully equipped kitchen, bar, dining areas, and private dining space provide a versatile platform for your business vision. Ample on-site parking and a spacious outdoor patio add to its appeal.
This is a turnkey opportunity with all FF&E included, generating over $2,000,000 in annualized gross sales. Experienced staff and management are in place.
This is an open and operating business, please do not ask or discuss this sale with the staff.
A signed confidentiality agreement, proof of funds, and operating history will be required for details.
Lease assumption/assignment with option to extend through 2033.
Experienced operators only.
Gross Annual Revenue $2,000,000
FF&E $305,000
Rent and Operating Expenses $8,150/month
Approx. Square Footage 6,400
Parking Spaces 100+
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