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  Montco Restaurant with Real Estate
Type: Active Restaurant
Selling Price: $ 2,400,000
Featured: No

More Information
Gross Revenue: 1000000
Gross Revenue Comments: Are you looking to own your real estate? If so this place is for you. This restaurant is doing over $1mil per year with an operator that has no experience in the business. The restaurant seats over 120 people and is located right in the center of a busy town.in the center of Montco. The restaurant serves lunch and dinner, but needs an owner operator. They have over 20 beers on tap. As part of the purchase there is a 18,000 sq. ft building and a second building of 3000 sq. ft that is currently rented. There is also parking on site. This is a great opportunity for someone that wants to own their own real estate and have passive income from the other building and 2-4th floors.
Inventory: 5000 and not included
Cash Flow Comments: Plenty of upside
FF&E: 400000
Seller Financing: none
Year Established: 2013
Employees: 10
Franchise: No
Facilities: Location comprises two buildings. One building has a restaurant/bar for the buyer to take over. It seats 120 people inside and 40 people outside. It is approximately 5000 sq. ft. There is a great equipment package with full POS. There is good storage in the basement. This building also includes and unfinished 2nd, 3rd, and 4th floors. These could be converted to apartments or added to the restaurant. Each floor is approximately 4000 sq. ft. Building two is approximately 3000 sq. ft and is currently rented with annual rent of $52,000 NNN. There is parking lot for 30 cars.
Reason for Selling: Partnership issues
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