Chris Doehner | 1051 – Family Restaurant in Great Location – $139,900

 

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1051 – Family Restaurant in Great Location – $139,900

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1051 – Family Restaurant in Great Location – $139,900

An established local business inside a quaint and characteristic building with a huge outdoor patio. This restaurant is still in its growth stage and has a fantastic five star reputation and has won multiple awards. Exceptionally clean and very well laid out. The building was completely renovated 4 years ago and included all new furniture and a brand new commercial kitchen. Must be viewed to appreciate.

Could be changed to any concept or kept the same. Please note the name and logo are not included in the sale.

This opportunity will not last long – contact Chris to arrange a showing ASAP!

Business information:

Gross Sales: $327,000 per year
Size in sq. ft.:1,100 sq. ft. of usable square footage; plus a very large patio
Number of Seats: 24 inside and 24 outside
Number of Parking Stalls: 6 in back plus ample on-street
Style of cuisine: Casual dining; specializing in fish and chips
Customer Demographics: Locals, families; seniors; Expats
Type of service: Table
Hours of operation:
Tuesday – Sunday 11:30 am – 2 pm for lunch
then 4:30 pm – 8 pm for dinner
Number of employees: 11 – with 2 full-time and the balance part-time

Leasing information:

Rate per sq. ft.: New 5-year lease to be negotiated
C.A.M.: To be verified
Lease Term: 5 years
Option Periods:  One 5-year option to be negotiated 
Deposit held by Lessor: To be determined
Financing: Treat as clear title

Please contact Chris for any questions or to set up a showing.