Fine Tavern Bar & Grill In Verdi For Sale

Business description

This listing has been open and operated by this seller since 2/10. It's been a restaurant/tavern since the mid 1980's. Current owner has invested approximately $130k in tenant improvements. This restaurant is family friendly and clean! It has an attractive, comfortable dining area and a grand bar equipped with video gaming in a participation agreement with the Cardivan Company. A new owner must qualify for the same participation licensing. Percentages are determined by the weekly drop amounts collected by the gaming company. In addition, special features of this turn-key operation include a 50" glass chiller and reach in bar coolers, four 42" flat-screen TV's, a fryer, broiler, griddle, stove, oven, 2 drawer refrigeration unit, steam table, a sandwich refrigeration unit, freezer and ice machine. It's ready for an owner-operator with some working capital. There is a large wood deck for additional general seating or large parties. The dining area has new chairs and tables & booths, a Triton ATM and an Aloha POS. See photos. The lease is reasonable at .62 per SF for restaurant.

Property information

Premises details:

1950 square foot building seats 42 with large deck for additional seasonal seating.

Size in square feet:

1,950

Business Operation

Reasons for selling:

other business interests

Trading hours:

M-F 11-11, Sat-Su 9-11pm

Employees:

5 FT, 8 PT

Years established:

1980

Other information

Support & training:

2 weeks at 20 hours per week

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

OWC $70,000 at 8% for 48 months

Furniture / Fixtures value:

$5,000 (included in the asking price)