Price: $595,000
Location: Polk County
Business Category: Restaurants
Business Subcategory: Bar/Restaurant
Listing ID: 4110-00241
Listing Status: New
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.
Down Payment: $395,000
Total Sales: $886,436
Discretionary Earnings: $66,079
FFE: $150,000
FFE Included: Yes
Inventory: $25,000
Inventory Included: Yes
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
Monthly Rent: $7,855
Type of Location: Free Standing
Square Footage: 4182
Franchise: No
Relocatable: No
Reason For Sale: Discuss with seller.
Training & Support: Two weeks at no cost to buyer.