Harlem Restaurant and Bar Listing | Profitable business for sale (Manhattan, KS)

Harlem Restaurant and Bar Listing | Profitable business for sale

Submarket Harlem Restaurant Harlem BBQ and Lounge. Zip code 10027 Property Type Restaurant Bar. Building Address 2367 Frederick Douglass Blvd. Location cross street 127 Street. Ground floor SQ FT Approximate 4000 sq ft. Lounge 800 sq ft. Basement Prep storage and office Size 1000 sq ft. Public Assembly license and 150 person capacity on the ground floor restaurant. Lounge has 71 person capacity. Term Remaining as of January 21 ( 5 Years with Two 5 Year options FMV ) Landlord is open to discuss terms of lease now. Current rent is 11 700 with (3%) percent escalations. Turn Key Money 400 000 00 ( Tenant is negotiable). Current tenants security deposit is 2 Months. All equipment to remain and plus two 10 ton HVAC units for the ground floor and one 5 ton HVAC unit for the lounge. Cooking vent goes to roof and HVAC units are on the roof. Business has two full Liquor License. One Liquor license is for restaurant and there is a unrestricted lower level lounge liquor license. Lounge currently closes 4 AM. Lounge is sound proofed and is fully equipped.