Iconic Restaurant & Entertainment Venue with Real Estate - Corbett Business Sales & Acquisitions

Iconic Restaurant & Entertainment Venue with Real Estate

Offered At
$ 1,485,000.00

Details

Primary Industry
Restaurants & Food
Gross Sales
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Cash Flow
193777
EBITDA
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FFE
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Year Established
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Includes REA
1
Lease SF
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Lease Rate
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Lease Term
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Lease Description
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Real Estate Description
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Reason For Selling
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Description

Rare opportunity to acquire an iconic restaurant & entertainment venue with real estate. Huge growth potential with expansion of the brand into multiple units.

FACILITY: Ground level restaurant with lounge, banquet room and drive thru window
PARKING: Two dedicated parking lots, free on-street parking, and municipal parking lot
EQUIPMENT: The equipment is in good condition and has been well maintained.
CONCEPT: Full-Service Restaurant & Live Entertainment
SIZE: 6,100 square feet plus full basement
SEATS: Full-Service Venue Room (125); Main Dining area (60); Lounge (40)
HOURS: Open 7 days/week 3p-9p; Open until 11 Fri & Sat
LICENSES: Full Liquor License & Entertainment License
SALES: $934,920 (October ‘22- September ‘23)
CASH FLOW: $193,777 (October ‘22- September ‘23)
ASKING PRICE:$1,485,000 (For the Business & Real Estate)

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