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Two Popular Restaurants, Bars & Brewery-With $6,700,000 Annual Sales
Two High-Volume Restaurants for Sale with Full Bar & Brewery in Prime Locations
These two thriving establishments uniquely combine restaurant, bar, and brewery, both situated in highly desirable areas. Each restaurant comes with an ABC type 47 license, and the restaurant/brewery is equipped with ABC Type 20, 75 & 77 licenses. Both locations offer spacious floorplans and extensive back-of-house facilities, including kitchens, a bakery kitchen, prep kitchen, multiple walk-ins, glycol and tap systems, and a brewhouse. Additionally, they feature outdoor dining, making them prime destinations with solid customer bases.
Revenue is over $3,500,000 at one location and $3,200,000 at the other. This is an ideal opportunity for an experienced restaurateur with strong financials looking to take over two well-established, high-revenue businesses in bustling locations. Don’t miss the chance to own these gems, each with a proven history of success since 2010! Both locations have been manager-run for some time. Name, menu, concept and all social media included.
Restaurant & Brewery Features:
- Brewery: Brew House with 6 jacketed fermenters, 2 storage tanks, glycol system, walk-in cooler, and keg elevator.
- Bar: 36-tap beer system, beverage cooler, wine cooler, one bar well.
- Main Kitchen: 8 ft hood, stove with oven, griddle, 2 fryers, steam table, warming drawers, prep station, undercounter fridge, triple door fridge.
- Bakery Kitchen: Double stacking Blodgett ovens, prep station, walk-in freezer, under counter refrigerator, 2-door refrigerator, espresso machine, floor mixer, robot coupe, mixer.
- Other Features: Additional walk-in cooler, two storage rooms, 3 bathrooms, Micros POS system, sound system, security system. All furniture, small wares, dinnerware, glassware, pots, pans, shelving, and utensils are included.
Other Location Features:
- Kitchen: 20-foot cook line, 2 walk-in coolers, stacking pizza ovens, 2 fryers, griddle, 3 prep stations, stove, 2-door refrigerator, single door refrigerator, undercounter refrigeration, beverage station, Vitamix, robot coupe, espresso machine, microwave, dishwashing area, glycol beer system.
- Prep Kitchen: Walk-in cooler, ice maker, worktables, storage room, storage bins, slicer.
- Bar: 24-tap system, 4-tap kegerator, 6-tap kegerator, glass chiller, ice bin, glass washing machine, lowboy fridge, bar well.
- Office: Micros POS system, sound system, security system. All furniture, small wares, dinnerware, glassware, pots, pans, shelving, and utensils are included.
This is an asset sale; all furniture, fixtures, and most equipment are included. The seller will entertain cash offers, and POS sales reports will be provided. Please contact us for more information and to complete our NDA.
Listed By: Teri Craft
Background information
Reference:
2restbarbrewery
Year established:
2010
Reason selling:
Owner lives out of town
Finance
Sales:
$6,700,000
Operations
Employees:
Both are manager run and fully staffed, including a brewer.
Premises
Square footage:
4,408 and 5,252
Rent and lease terms:
1st Location: The lease expires October 31, 2025. The monthly rent is $14,982.94 including cam charges. Annual rent increases 3% each year. There is also percentage rent of 5% at a breakeven point of $3,500,000. 2nd Location: The lease expires May 31, 2026, and there is one 5-year option to extend. The monthly rent is $17,217.01, with cams of $11,153. The percentage rent is 5% on gross sales over the breakpoint of $4,132,08, and there are annual rent increases of 3%.
Location:
Both are in highly desirable neighborhoods with prime locations.
Price and terms
Price:
$710,000
Financing:
No financing is available
Training:
Training will be provided.