TONS of Potential for the right Owners! Give me a call to visit!
At a Glance
Popular 6,330 sq ft turn-key bar and grill with great buildout, large 40ft bar (w/ 5 coolers, draught system, and bottle beer display coolers), 3 dining areas seats 160 +, a game room with machines, dart boards, 2 pool tables, and ATM
Stairwell leading upstairs to 2 balconies overlooking the enormous open bar, dining & gaming area; plus, second-floor office and storage space.
Excellent Food!!
Top-of-the-line equipment; 2 large walk-in coolers, Double Pizza Oven, top-notch Fryer Pressure Cooker, Henny Penny, 5 prep stations, 2 double fryers, Griddle, Grill, and Stove, and a dishwasher and dish area.
This is an incredible opportunity to own this established turn-key bar/restaurant, busy with college students, locals, and visitors from all over Lunch, Dinner, and Brunch.
The interior was just updated and refinished. Must see!
GREAT REVIEWS but needs some TLC
Low rent, Large kitchen, and plenty of parking with double parking lots.
The Numbers
Asking Price: Asking Price: $335,500, with option to buy with Real Estate at $780,000 ( The 2 parcels appraised at over $410K in 2015)
Gross Revenue: $770,000 / Pre Covid $1.1 Million
Cash Flow: $70,000
Liquor License: Yes Westmoreland "R" Valued at $85,000
Sq Ft: 6,330 plus
# Of Seats: 160 Parking: 30+
Listing Features
FF&E: included Valued at $248,000
Real Estate: Leased with the option to buy both parcels
Support/Training from Sellers: Yes
Reason for Selling: New Opportunities, Time in the day, owns multiple businesses
“I'd like to thank Ronald Sofranko for the great job you did for Maxwell's Pizza Bellevue helping facilitate the liquor license process.”
Christina
Maxwell's Pizza
“Sofranko Advisory has always done excellent work for me and my clients....Their capabilities are second to none. I always highly recommend them.”
David Glickman
Newmark Knight Frank
“It was my pleasure doing business with Sofranko Advisory Group and my representative Paul Alexander. Paul showed true expertise in the sale of my bar & restaurant. He exceeded all expectations and closed my deal exactly how we discussed. He providing me with constant updates and feedback throughout the process. My experience was second to one. I would highly recommend using Sofranko and Paul in all sides of bar and restaurant business”
Justin
Iron Creek
“"She handled my constant questions and concerns with compassion and professionalism. Couldn’t have done it without the team! Much gratitude and praise is definitely due." ”
Terry
Sam's Pop & Beer
“"Everyone we have dealt with from Sofranko Advisory Group has been diligent, honest, and professional at all times. I have recommended their services to close friends of mine and will continue to do so in the future."”
Big Shot Bob’s House of Wings
Big Shot Bob's House of Wings
“I simply wanted to write you and say thank you very much for all of your efforts, time, and your trust in us! I am grateful for the fact that you worked with us and proud to be a part of The Vault.”
Jim
The Vault
“You guys are a great company. [Jeff] and Ron have been very patient and informative. Very glad we're selling through you. People over money is most important to us and you've shown that as well. ”
Randy
Bob's Beverage