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Restaurant Saloon For Sale

Details: Asking price:$1,300,000; Sales revenue:$1,450,000; Net profit:Undisclosed; Fixtures value:$250,000; Inventory value:$15,000

Business description: Landmark saloon located in the Central Business District, surrounded by high rise office buildings, hotels and shops. The facility has been fully renovated within the last year. All bar and kitchen equipment, HVAC, POS, phone system, flooring, restrooms are new. This brownstone type building was completely refurbished. This full service business is rich in history and its location is prime.

General information: Years established:1980; Employees: 17; Trading hours: 11:30AM-2/3AM 7days; Real Estate: Lease; Lease terms:Lease option can be negotiated; Location:Central Business District; Expansion potential:Late night weekend breakfast for partygoers. No competition. Upper level can accomodate a private "bottle" service ambience.; Competition / Market:This section of the city has long been the core for restaurants, bars, clubs and lounges. Business activity here is great, due to the diversity of offerings and the area's safety record.; Support & training:whatever is reasonable; Reasons for selling:expansion of other business interests