Newly Constructed Restaurant & Lounge on the North Shore with highly desired location. This beautiful facility has an impressive build-out with a swanky and elegant feel. The Site has outdoor seating and strong activity generators.
$1,450,000 was spent on the build-out. The landlord is willing to renegotiate the lease for the right tenant. There is a ton of value here for the price. The Seller wants to see offers!
FACILITY: Newly constructed Top-notch Facilities.
PARKING: Plenty of Parking (North Shore Mall)
EQUIPMENT: The equipment is in excellent condition and has been well maintained and is of good quality.
LEASE TERM: Twelve (12) year remaining with options available.
BASE RENT: $10,250 per month base rent (the triple nets = $11,750 per month) Landlord is willing to renegotiate the lease for the right tenant.
CONCEPT: Full Service Restaurant, Bar & Lounge
SIZE: 7,500 square feet upstairs (plus full basement and additional space)
SEATS: Capacity of 250 Persons plus 50 seats Outside
LICENSES: Full Liquor
SALES: $1,400,000 per year
ASKING PRICE: $399,000 (For the Business)
Contact for more information on this stunning restaurant & bar for sale.