JR's Chophouse 119 N Main St

Investment Highlights

RESTAURANT-BAR, 5 BEAUTIFUL AIRBNB ROOMS, STARBUCKS COFFEE SHOP, AND A SPACIOUS OUTDOOR COURTYARD TO HOST WEDDINGS AND SPECIAL EVENTS. UNIQUE BUSINES TREMENDOUS UPSIDE POTENTIAL -GENERATING OVER $1.25mm

Executive Summary

RESTAURANT-BAR, 5 BEAUTIFUL BED AND BREAKFAST ROOMS, STARBUCKS COFFEE SHOP, AND A SPACIOUS OUTDOOR COURTYARD TO HOST WEDDINGS AND SPECIAL EVENTS.UNIQUE BUSINESS OPPORTUNITY WITH HUGE UPSIDE POTENTIAL. THIS VERY PROFITABLE BUSINESS IS BEING OFFERED FOR THE REAL ESTATE VALUE. THERE ARE SEVERAL PROFIT CENTERS IN THIS GREAT BUSINESS MODEL. RESTAURANT-BAR, 5 BEAUTIFUL BED AND BREAKFAST ROOMS, STARBUCKS COFFEE SHOP, AND A SPACIOUS OUTDOOR COURTYARD TO HOST WEDDINGS AND SPECIAL EVENTS. THIS HISTORIC ARCHiTECTURAL MASTERPIECE HAS BEEN EXTENSIVELY REMODELED IN 2012 TO ELEVATE HER GRANDEUR. IN 2018 THE OWNERS INVESTED ANOTHER $200,000 TO REMODEL THE KITCHEN. LOCATED ON HWY 281 WITH GREAT TRAFFIC COUNTS AND FANTASTIC EXPOSURE. JR'S CHOP HOUSE AND AIRBNB IS A VERY POPULAR DESTINATION WITH GREAT REVIEWS. THIS IS A TURN KEY OPERATION. SELLER WILL WORK TOGETHER WITH THE NEW PURCHASER TO ACCOMMODATE THE TRANSITION SO THAT THERE IS NO DOWNTIME OF THE OPERATION AFTER BEING ACQUIRED. THIS IS A FULLY OPERATIONAL ACTIVE BUSINESS AND ALL INQUIRIES AND SHOWINGS MUST RUN THROUGH THE LISTING BROKER AND MUST ATTEND ALL SHOWINGS.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Fast Food Restaurant
• Building Size    3,108
• Building Class    B
• Year Built    1984
• Price    1,030,000
• Price Per SF    331
• Cap Rate    7.25
• NOI    74,675
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.13
• Land Acres    0.54 AC

• Restaurant
• High Speed Internet Access
• Patio
• On-Site Bar
• Wedding Venue
• Public Access Wifi
• Smoke-Free