Huge Beautiful Full Service Restaurant with 2 Bars For Sale

Business description

This upscale yet reasonably priced seafood and steak full service restaurant has four separate business entrances providing endless possibilities for a new owner. Almost two years ago the current owners bought the business from a previous owner that had run it into the ground. They have slowly built back up a solid customer base and are poised to see a considerable amount of growth in the future. The new owners have also spent a lot of time and money remodeling and restoring it to its original condition. Before the business went South a couple of years ago it had done very well and had at times grossed over two million a year. The restaurant and new gourmet pizza kitchen are built to easily handle $3.5 million plus in annual sales. A new gourmet pizza station with top of the line equipment were just recently added and are expected to produce a significant source of additional revenue. In addition to the main restaurant dinning area, banquet rooms, and beautiful original bar, there is a separate 2500 sq ft dinning area with a long beautiful bar area perfect for a wine tasting room or wine bar. There are several areas throughout the restaurant used as private dinning areas perfect for business meetings, receptions, birthdays etc.

There is also the possibility of purchasing the almost 9,000 sq ft registered historical building.

Property information

Real Estate:

Lease

Lease terms:

$6500/mo 9 years remaining + 5 yr option

Other information

Trading hours:

Sunday and Monday 5PM-8PM Tuesday through Thursday 11AM-9PM Friday 11AM-Close Saturday 12PM-Close