#824
This freestanding restaurant is turnkey for any concept or kept as is. It is the perfect Sports Bar Restaurant as it has a big bar and tons of 41 TV’s, 4×32″ big screens, 2×50″ plasma screens, three pool tables, video remote video security system, DJ/Karaoke system, Hot Sauce POS system . 5,000/sf with seating for over 200. The breakdown of the seating is approximately 100 seats in the main dining rooms, 22 at the bar, 45 in a banquet room that opens to the main restaurant and an outdoor patio that is enclosed for all year use that seats 30.
Long term lease at $6,100 per month with RE Taxes running approximately $8,000 per year. This location is on a hi traffic road with great visibility right off the expressway and near the Arbor Place Mall a major Regional mall. Tons of parking. Absentee Owner pulls out approximately $55,200 per year on sales of approximately $660,000 after paying all expenses with only spending eight hours a week at this business.
New “hands-on Owner” could dramatically increase sales and profit with some elbow grease and a little bit of marketing and community awareness. Seller is motivated and has priced this at $125,000 . Some Owner financing available. . Seller will assist Buyer in transition and will give full support and training at no additional cost.
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