Prime Restaurant & Bar For Lease T-I Available
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Prime Restaurant/Bar available in Acton. This restaurant space is fully equipped and currently operating. This site has more than 20 years of success with annual sales in excess of $3.1 Million. This is a beautiful stand-alone building in a popular plaza with beautiful water views. The restaurant has a Full Liquor and Entertainment license and seating for 300 plus. The landlord is looking for a new long term well qualified and experienced tenant. Tenant Improvement money from the landlord available!
FACILITY: This restaurant is currently open and operating with a complete FF&E package. The restaurant is 9,360 sf and is a stand-alone building. It is a beautiful facility that fronts a lake with high trees surrounding the perimeter of the lake.
PARKING: There is a huge private lot with plenty of parking
SEATING: There space has a capacity for 300 plus persons
SALES: Historically $2.6-$3.1 Million
LICENSES: Full Liquor and Entertainment license
RENT: Asking for $15 per square foot NNN however the landlord can be flexible
LEASE TERM: Ten (10) year initial term with two five year options
KEY MONEY: There is no Key Money required
Asking Price Range: < $250K
Cash Flow Type: EBITDA
Seller Financing: Not Disclosed
About The Business
Year Established: 2002
Number of Employees: 6 - 9
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
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Print Listing Id: 700173256