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Successful, Stylish American Steakhouse With Large Beer Garden For Sale

Baden-Württemburg
Asking Price:
€250K - €500K
Sales Revenue:
€500K - €1M
Cash Flow:
€100K - €250K

This restaurant is the most prominent establishment in the area. It holds a central location, with train and bus station within two minutes of walking distance.
It offers customers three rooms, each having their own functionality:
- A smokers lounge with a cocktail bar and comfortable, classy armchairs for laid back conversation. (30 seats + 12 bar seats)
- A steakhouse room for casual lunch and dinner that has its own bar and can be directly accessed from the kitchen. (45 seats + 10 bar seats)
- A fine dining hall with a small stage meant for weddings and other big events. (75 seats)
In addition, during the summer season the exterior of the establishment offers over 240 seats in the soothing shadow of trees.
The kitchen is big enough and equipped to prepare multiple-course menues for over a hundred customers.
Furthermore the upper stories of the building are occupied by a 35 room hotel. Due to a close collaboration between restaurant and hotel, the guests of the hotel usually enjoy the services of both.

Property information

Real Estate:

Lease

Lease Terms:

The buyer can make a new lease contract for 10+5 years.

Leasehold Rent:

60000 € per annum

Living Accommodation:

Big appartment with 7 rooms, 2 shower rooms, 2 toilet rooms and a kitchen is available for additional rent.

Location:

Central location in the town, easily reachable by bus and train. Surrounded by bank headquarters, medical centre, high school, cinema, supermarket and train station.

Size in square feet:
300 m² restuarant, 300 m² basement, 400 m² beer garden, 10 parking spots

Business Operation

Expansion Potential:

Organization of Events (indoor and outdoor) and home delivery service would be good expansion opportunities.

Competition / Market:

The town has 20 smaller pubs and restaurants.This restaurant is the largest.

Reasons for selling:

Because the owner has several restaurants and decided to focus on a new and bigger restaurant, he has to relocate to a new city.

Trading hours:

Sunday - Thursday 10am to 1am
Friday and Saturday 10am to 2am

The licence allows you to be open from 6am to 3am on Sunday to Thursday and from 6am to 5am on Fridays and Saturdays.

Employees:
12
Years established:
2

Other Information

Support & training:

One month of preparation and support.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

at least 50% of the total price has to be paid immediately.
The rest can be paid in installment, depending on the agreement.

Website:
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