Profitable Theater District Bar & Restaurant with top-notch look and feel. This turn-key and successful business has one of the best locations in the theater district with tons of activity generators in the area! Open for dinner every day and brunch Friday to Sunday. This is a great fit for an owner/operator, or to add to a portfolio. The 2am unrestricted liquor license is included in the asking price with a market value of $600,000!! This is qualified for SBA lending, and we can help facilitate the process for you!
Parking: Local city parking
Lease Terms: Currently in year 1 of first five-year option with two (2) five-year options remaining
Base Rent: $7,788 per month plus NNN (Approx. $3,526 per month)
Seating: 120-person seating capacity, with 26 at bar
Size: 3,756 Square feet total: 2,670 SF first floor & 1,086 SF basement
Hours: Open for dinner 7 nights/week and brunch 3 days/week
Licenses: Full alcohol license (2am); unrestricted license, fully transferable (value $600,000)
Cash Flow: $326,806
Sales: $2,359,091
Concept: Bar & Restaurant
Asking Price: $1,200,000 (For the Business)