Restaurant & Sports Bar

Restaurant & Sports Bar

Available

$295,000.00

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Listing Number :

  3738

Status :

Expired

Price :

$295000

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Area

2200

Description

An awesome opportunity knocks, Pizzeria Italian Restaurant and Sports Bar in the heart of the City established for 10 years, seller moving out of state, original owner had spent $700K in improvements including Italian marble flooring. The size is 2,200sq.ft., Leased at only $7,500/m for SF. Seller claims Gross Annual Sales $600K, with 55 tables inside and 3 tables outside. There is big screens TV for watching games, sliding windows for outside air, in historical Jazz capital location. This is a Turn Key Business!

3738

Business Information Financial Information
Ownership Type:  Partnership
Year Established:
Year Purchased: 2014
Business Type: Restaurant & Sports Bar
License(s) Required: Business, Health, ABC
Hours of Operation: 3pm-11pm/Monday-Friday
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3738
Date Available: 7/9/2019
Reason For Sale: Moving out of State
Annual Total Revenue: 660000
Annual Net Income: 103200
Inventory: 10000
Monthly Payroll: 9000m
Lease Information
Base Rent: 7500/m
Lease Expires: month to month
Lease Option:
NNN:
 
Financing Information
Down Payment: 295000
Owner Will Carry:
Other Finance Terms:

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