Description $ OPPORTUNITY - RESTAURANT/FUNCTIONS
ASKING PRICE REDUCED: $199,000
PRICE REDUCED, 300+ seats. Very classy restaurant, lounge and function facility. Over 20,000 sq/ft, very low rent equals great cash flow. This destination restaurant has built-in customer base. Ala carte dining - 125 seats and bar, function room - 175 seats and bar, casual club room with bar. Exquisite decor and furniture. SELLER IS VERY MOTIVATED!
Facilities:
This is a must see facility, which was completely renovated. Historic free standing structure with ample on premise parking in an urban setting. Old world woodwork and chandeliers combined with modern artistry create a comfortable yet elegant atmosphere. New POS and extensive security system.
Growth/Opportunity:
The seller has a full time career and cannot keep up with the growth in sales. The low rent means high profit margins. Advertising is minimal at present. This business needs a function coordinator. Potential sales in the millions with the right operator.