Property ID : JCB35.48
For Sale $150,000.00
- A well known Restaurant and Bar inside a Country Club located off a very busy west-side highway.
- Has over 30 years of good will and a loyal customer base
- 12,000 sq feet of bar, banquet and dinning space
- The banquet facility is an elegant, generous space that can accommodate up to 235 guests with its own bar area. Huge upside potential for catering business.
- Open for lunch and dinner. (Full Restaurant, Bar & Catering Room)
- Pub style Menu
- Featuring a 5,000 sq foot outside patio for Ceremonies and Events
- Has an large well lit parking lot
- Hours of business The Bar opens at 9:00 AM for lunch, dinner is served at 4:30 PM
Lunch is served on the patio deck from the grill on Fridays, Saturdays and Sundays from 9 AM to 5 PM
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
- Furniture, Fixtures and Equipment at a Fair Market Installed value of $ 69,800
Current lease is $1 a month gross, with lease running through 11/2018 with Ten year option $1,000 a month gross.
SALES AND SELLERS DISCRETIONARY EARNINGS:
Sales: $ 229,309 $ 246,047
SDE $ 36,756 $ 44,263
The asking price is $150,000. Seller financing is available to a qualified buyer with at least 50 percent down.
This is an ideal operation for an owner operator with a passion for catering and hospitality. This location offers an opportunity to do large scale Events, Weddings, Daily Restaurant / Bar and private parties. Ample Parking!!!