Polk County Restaurant and Venue with 4COP Liquor License

Price: $595,000

Location: Polk County

Business Category: Restaurants

Business Subcategory: Bar/Restaurant

Listing ID: 4110-00241

Listing Status: New

Description

For sale is a 4,000+ sq ft restaurant and venue with rustic, historical elegance and a flavorful menu with something for everyone, including craft beers, tasty cocktails and live music. Comfortable patio seating is available and is dog friendly.
Extra revenue is waiting for a new owner to capitalize on the venue space with some creative marketing. 4COP Liquor License valued at around $295,000 is included in the sales price.
The current owners do not generally work more than 20 hours per week handling admistrative duties, menu writing, social media, client relations, event management and other "as needed" duties. Current staff will remain in place for continued success of this exceptional location.

LISTING DETAILS

Down Payment: $395,000

Total Sales: $886,436

Discretionary Earnings: $66,079

FFE: $150,000

FFE Included: Yes

Inventory: $25,000

Inventory Included: Yes

Operation

Year Established: 2017

Year of last Acquisition: 2017

Days & Hours of Operation: Monday - Sunday | 7 Days per Week

Owner Hours Per Week: 20

Lender Pre-Qualified: No

Employees: 17

Lease Option: Negotiable

Location

Monthly Rent: $7,855

Type of Location: Free Standing

Square Footage: 4182

Franchise: No

Relocatable: No

Summary

Reason For Sale:

Discuss with seller.

Training & Support:

Two weeks at no cost to buyer.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Tony Blair

Tony Blair