Listing ID: 72824

Business Overview

Established 12 years
Seats 79 people inside plus 36 people outdoor seating
Party room fits 26 people comfortably
Private wine cellar for special occasions fits roughly 14 people comfortably
Full liquor license

Open 7 days a week, Monday-Friday 5:00pm-11:30pm. Saturday/Sunday 10:30am-11pm

Very minimal delivery not really on the delivery platforms which can be a big value add

Centerpiece of the deal is the wine inventory which is discounted. 5,000 bottles wholesaling at 1.2 million. Restaurant list price is 2.5 million. The wine is featured in cataloged lists accounting for about 30 events a month. Business price without wine is 2.5 million. Business price with wine 3.6 million.

Huge value is owner is willing to stay on and train for a transitional period 3-24 months terms to be discussed.
Rent: 14,900 per month -5 + 5, 6.5 years remain
Water 300/ month
Taxes & Utilities included in rent price
Staffing: chef, 5 kitchen staff, GM aka owner, 11 servers.
SBA pre qualification. Seller finance available.

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Financial

Seller Financing Available

  • Asking Price: $2,500,000
  • Cash Flow: $900,000
  • Gross Revenue: $2,500,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:23
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Owner is willing to stay on and train for a transitional period 3-24 months terms to be discussed.

Purpose For Selling:

Other business interests.