Catylist ID: #30840962
Full service restaurant/bar for sale.
Business Opportunity for Sale
|Catylist Listing ID:||30840962|
|Property Subtypes:||Food and Beverage|
|Building Size (RSF):||5,000 SF|
|Name of Establishment:||Cadillac Grill|
|Year Business Established:||2018|
|Gross Revenue:||$0 (Annual)|
|Cash Flow:||$0 (Annual)|
|Sale Terms:||Cash, conventional|
Overview / Comments
Cadillac Grill is full service nonsmoking restauant/bar. The restaurant offers a front 54' granite bar with 20 stools. Additionally there are booths and tall tables. The restaurant offers a large assortment of liquor and wine and 16 beer taps. The back room has 4) 8ft Valley pool tables recently recovered with Simonis cloth. There are dart boards and a 12' shuffle board. It has large group (8-24) tall tables and 4 top tall tables. a juke box and largeTV's on all the walls.
There are 2 restrooms in the front and 2 more in the back. There is a fully equipped kitchen, all natural gas that was installed new in 2018. There are 4 walk in coolers: 2 refrigerator and 2 freezers. There is an office and storage room. The large parking lot was sealed and stripped in 2022.
The restaurant hours are Tue, Wed and Thur 4-10, Friday 4-11 and Saturday 11:30-11:00. Closed Sunday and Monday.
The owner would consider selling the building with the business.
|Industry Segment:||Bars and Taverns|
|Reason for Selling:||The owner, now 71, wishes to retire.|
|Value of Inventory Included ($):||$0|
|Value of Furniture, Fixtures, and Equipment ($):||$0|
|Value of Real Estate Included ($):||$0|
|Real Estate Lease Description:||Flexible on lease terms. Buyer could choose a 3 or 5 year lease. Current lease is $2400.00 a month|
|Employee/Labor Description:||There are currently 11 employees. All servers have an ABC permit.|
|Competition/Market Description:||The restaurant sits on 4 lande State Hwy and enjoys a brisk trade.|
|Growth/Expansion Opportunities:||The restaurant maintains only dinner hours and is open 5 days a week. Expanding the hours would increase the sales.|
Driving Directions / Aerial Imagery:
Bird's Eye View | Google Maps | Google Street View
|Proximity:||1 mile||3 miles||5 miles|
Jacki HillColdwell Banker Jim Henry & Associates
KAAR CIE Member
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