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Business for Sale Summary

Seafood Restaurant - 25646

Business Type: bar/tavern/night clubs,delicatessen/catering services,other eating & drinking places,pizza parlour,best deals!,new to market,business with property available,seller financing available,restaurant/ cafes
Owner Financing
Seafood  Restaurant
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This business has received 22 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $550,000 Down Payment $550,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$550,000 Down and TBD

Business Description

Very high end, custom built, 200 seat, state of the art Restaurant & Bar. It has 2 floors with 3600 sf on each floor. This build out with real estate and equipment cost seller almost six million dollars. This place offers bally walk-in boxes, a break room, separate employee restrooms, a state of the art all legal lower level board of health approved prep area, high output energy rated ac/heat, and just way to much to list- including legal septic for 200 seat restaurant. Additional real estate also available for more parking if desired. Broker Jim states this is one of his nicest restaurants ever listed. Seller may consider sharing branded name from other locations or consider a partnership with qualified buyer. This business is open but due to unfortunate circumstances numbers are not great. This is a super location for dinner, a catering hall, a steak house, a seafood restaurant, an Italian restaurant, a rib restaurant, or any other major food chain. This is a must see with high traffic and super visibility. Please provide proof of funds. $550K FOR KEY, rent triple net will be about $20k with 20 year lease. Real estate is also available through PMTG REALTY For a additional $3.6. Seller states recent appraisal is over four million dollars. This is an open-minded seller, bring your ideas. Real estate taxes about $47k but seller states were not grieved listing 25646.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.