Selling Restaurants presents this rare river front restaurant offering a wonderful tropical river atmosphere with a large bar area used as a nightclub. It was recently completely remodeled. There are 160 seats inside and 80 seats outside in this two story restaurant overlooking the river and sitting next to a major national restaurant chain with multi-million annual sales. This is a pure leasehold and asset sale, no financials to be provided. There is approximately 5,600 Sq. Ft. with two large bar areas, a dance floor, 2 pool tables, full kitchen (25' hood system), and plenty of outside seating. There is a little more than 5 years on the lease with two 5 year options. Rent is $10,927 per month plus NNN of $3,000. The landlord is great and easy to work with and supports his tenants. This is a "AAA" location capable of extraordinary volume and entertainment with neighboring restaurant doing multi-million dollar sales. There are over 300 parking spaces plus plenty of streets parking too. There is a type 47 liquor license included. The location currently has an entertainment permit, but a buyer must re-apply for one upon transferring the business. The seller is spread too thin and as a result his other very profitable restaurant is suffering.
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Population | 1-mi. | 3-mi. | 5-mi |
---|---|---|---|
2014 Total Population | 39,149 | 95,943 | 274,263 |
Households | 1-mi. | 3-mi. | 5-mi |
2010 Number Of Households | 14,012 | 37,586 | 100,567 |
2010 Persons Per Household | 2.66 | 2.43 | 2.56 |
Median House Value | $170,700 | $211,730 | $244,348 |
Income Per Household | $56,280 | $48,490 | $52,707 |
Businesses | 1-mi. | 3-mi. | 5-mi |
2009 Number Of Businesses | 574 | 3,918 | 7,890 |
2012 Number Of Employees | 21,158 | 132,156 | 263,308 |
2012 Total Annual Payroll | $771,755,000 | $3,587,391,000 | $4,294,967,295 |
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