greenwich restaurant opportunity...bottle holder 2’x2’ bottle holder (4) storage cabinet 8’...

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Recent $1.5 Million Renovation Walking distance to Port Chester Entertainment District 6 Minute Drive from Greenwich Avenue 1 Minute from I95 Exit 2 Active Street with 12,700 cars per day Adjacent to a 66 Car Municipal Parking Lot 98 Interior Seats plus 32 on the Outdoor Patio Two Separate Dining Rooms and Private Dining Room Excellent Lease Terms with 15 Years Remaining First Right of Offer to Purchase Property GREENWICH RESTAURANT OPPORTUNITY CONTACT EXCLUSIVE BROKER Bill Mason (203) 869-3300 [email protected]

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Page 1: GREENWICH RESTAURANT OPPORTUNITY...Bottle Holder 2’x2’ Bottle Holder (4) Storage Cabinet 8’ 3-Door Loboy Refrigerator Back Bar 14’ Television (2) 5-Line Beer Tap Storage Cabinet

• Recent $1.5 Million Renovation • Walking distance to Port Chester Entertainment District • 6 Minute Drive from Greenwich Avenue • 1 Minute from I95 Exit 2 • Active Street with 12,700 cars per day • Adjacent to a 66 Car Municipal Parking Lot • 98 Interior Seats plus 32 on the Outdoor Patio • Two Separate Dining Rooms and Private Dining Room • Excellent Lease Terms with 15 Years Remaining • First Right of Offer to Purchase Property

GREENWICH RESTAURANT OPPORTUNITY

CONTACT EXCLUSIVE BROKER Bill Mason (203) 869-3300 [email protected]

Page 2: GREENWICH RESTAURANT OPPORTUNITY...Bottle Holder 2’x2’ Bottle Holder (4) Storage Cabinet 8’ 3-Door Loboy Refrigerator Back Bar 14’ Television (2) 5-Line Beer Tap Storage Cabinet

LEASE SUMMARY Location: 230 Mill St. Greenwich, Connecticut

Premises SF: First Floor 3,850 SF Basement 2,400 SF Total 6,250 SF

Seating: Indoor - 98 Patio - 32 Total 130

Use: Restaurant

Lease Term: 20 Years commencing August 15, 2014 Base Rent: Year 2020 $10,350 /month Escalations: 2.7% annually (average) Real Estate Tax: $ 888 / month Operating Exp: $ 1,012 /month Assignment: With Landlord’s consent which shall not

be unreasonably withheld Utilities: Paid by Tenant directly to Provider Security Deposit: To be determined

Guaranty: To be determined

Sale of Property: Tenant has first right of offer to purchase property

Parking: Restaurant is adjacent to 67-Space municipal parking lot

SELECT ESTIMATED MONTHLY RESTAURANT

OPERATING EXPENSES

Gas & Electric: $4,200 Water: $300 Insurance: $900 Refuse: $1,500 Alarm & Security: $400 Landscaping: $200 Phone, Internet& Cable: $380 Extermination: $900 HVAC Maintenance: $200

OYSTER BAR

Page 3: GREENWICH RESTAURANT OPPORTUNITY...Bottle Holder 2’x2’ Bottle Holder (4) Storage Cabinet 8’ 3-Door Loboy Refrigerator Back Bar 14’ Television (2) 5-Line Beer Tap Storage Cabinet

230 Mill Street • Greenwich • Connecticut

Page 4: GREENWICH RESTAURANT OPPORTUNITY...Bottle Holder 2’x2’ Bottle Holder (4) Storage Cabinet 8’ 3-Door Loboy Refrigerator Back Bar 14’ Television (2) 5-Line Beer Tap Storage Cabinet

230 MILL STREET• GREENWICH • CONNECTICUT

FURNITURE FIXTURES & EQUIPMENT OYSTER BAR Wine Cooler Cabinet (4) Barstools (10) Leather Couch 4’ Hand Sink (2) Ice Bins (3) Paper Towel Dispenser Garbage Bin Loboy 2-door Wine Storage Wait Station w/Cooler 4-line beer taps S/S Drain Board Wait Station w. POS Fire Extinguisher Wall Map (2) Wall Mirror Marble Bar Top – 24’ Wine Bucket w/Stand Hanging Lights (5) PATIO VIEW DINING ROOM Tables 4-top (4) Tables 2-top (3) Patio Tables - 4 top (4) Patio Tables - 2top (2) Patio Chairs (12) Wine Bucket Stands (2) Display Table on Wheels Reception Cabinet w/drawers Telephone Coat Closet w/Hangers Fire Extinguisher Hanging Ceiling Lamps (7) MAIN DINING ROOM Tables 2-top (10) Tables 6-top (3) Tables 4-top (10) Tables 2-top Round (2) Chairs (36) Banquettes (7) Wait Station POS w/Printer Chandeliers (3) Hanging Lamps (7) Glassware Plates Silverware

BAR AREA Bar Stools (18) Fire Extinguisher Glass Washer Glass Storage Cabinet Hand Sink (3) Ice Bin (3) Bottle Holder 2’x2’ Bottle Holder (4) Storage Cabinet 8’ 3-Door Loboy Refrigerator Back Bar 14’ Television (2) 5-Line Beer Tap Storage Cabinet Miscellaneous Décor Hanging Lights (6) Cash Drawer Wall A/C Unit PRIVATE DINING ROOM Oval Dining Table 11-top Round Dining Table 9-top Chairs (18) Baby Chairs (2) Wine Buckets w/Stand (2) Beach Seat Wall Lamps (2) Rugs (2) Picnic Baskets (2) BASEMENT Pastry / Prep Station Ice cream maker Dough Divider Proofing Cabinet Giant Hobart Mixer Vacuum Sealer Pasta Machine & Equip. Multi Speed Racks Walk-in Refrigerators Walk-in Freezer Water Heater Expansion tank

KITCHEN Type 1 Hood System 16’ Type 2 Hood System 14’ Dishwasher Clean Table w/glass Rack Soil Table Wood Burning Grill Stove -6 top (2) Deep Fryer (2) Auto Sham Oven w/stand S/S Work Table Fire Extinguisher Trash Bins (4) Utility Trays (40) Tray Rack on Wheels (2) Pizza Oven S/S Work Table w/drawers 14’ S/S Work Table w/shelving 14’ S/S Table Shelf 2-drawer Bread warmer S/S Wall Shelf 24” Hand Sink (3) Soap Dispenser (2) Paper towel Dispenser (3) Telephone S/S Shelf 4’ 3-Door Loboy Refrigerator Wipe Board 2-Drawer S/S Cabinet Glass Storage Racks Ice Maker Warmer Lamps (5) Pot Sink 3-Bay Sink S/S Wall Shelf Metro Shelf – 3 shelf S/S Work Table w/Storage Ceiling Storage Rack Pots, Pans, Kitchen Utensils, Storage Container COFFEE STATION Expresso Maker Coffee Maker Coffee Grinder Hand Sink Coffee Thermos Dispenser Carafes Storage Cabinets S/S Work Table 2’x2’

Page 5: GREENWICH RESTAURANT OPPORTUNITY...Bottle Holder 2’x2’ Bottle Holder (4) Storage Cabinet 8’ 3-Door Loboy Refrigerator Back Bar 14’ Television (2) 5-Line Beer Tap Storage Cabinet

230 Mill Street • Greenwich • Connecticut

PATIO VIEW DINING ROOM

Page 6: GREENWICH RESTAURANT OPPORTUNITY...Bottle Holder 2’x2’ Bottle Holder (4) Storage Cabinet 8’ 3-Door Loboy Refrigerator Back Bar 14’ Television (2) 5-Line Beer Tap Storage Cabinet

230 MILL STREET• GREENWICH • CONNECTICUT

Page 7: GREENWICH RESTAURANT OPPORTUNITY...Bottle Holder 2’x2’ Bottle Holder (4) Storage Cabinet 8’ 3-Door Loboy Refrigerator Back Bar 14’ Television (2) 5-Line Beer Tap Storage Cabinet

AREA RESTAURANTS 1 - Famous Greek Kitchen (Greek) 2 - Char (Seafood) 3 - Alba’s (Italian) 4 - Sonora (Latin Tapas) 5 - Frankie & Louie (Italian) 6 - Pasquale (Italian) 7 - Burger Shake & Fries (Burgers) 8 - Argana (Moroccan) 9 - Piccolo (Italian) 10 - Bartaco (Tacos) 11 - Saltaire (Seafood) 12 - Colony Grill (Pizza) 13 - Coals (Pizza) 14 - Eugene’s (Diner) 15 - Acuario (Seafood) 16 - Rye House (American) 17 - McShane’s (American) 18 - Copacabana (Steak) 19 - Tandoori (Indian)

AREA RETAILERS 20 - Costco 21 - Bed Bath & Beyond 22 - Marshals 23 - Crunch Fitness

ENTERTAINMENT 24 - AMC Cinema (14 Screens) 25 - Capital Theater (Live Music Venue)

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I95 Exit 2 (NB)

I95 Exit 2 (SB)

230 Mill St DEMOGRAPHICS (Greenwich)

1-MILE 11,050 Residents 5,139 Households $199,032 Average HH Income 2-MILE 32,043 Residents 13,494 Households $199,724 Average HH Income 3-MILE 75,439 Residents 28,039 Households $191,315 Average HH Income

Page 8: GREENWICH RESTAURANT OPPORTUNITY...Bottle Holder 2’x2’ Bottle Holder (4) Storage Cabinet 8’ 3-Door Loboy Refrigerator Back Bar 14’ Television (2) 5-Line Beer Tap Storage Cabinet

230 MILL STREET • GREENWICH • CONNECTIUCT

Main Dining Room 50 Patio View Dining Room 22 Bar Room 16 Oyster Bar 10 Outdoor Patio (seasonal) 32 Total Seats 130

FIRST FLOOR

Page 9: GREENWICH RESTAURANT OPPORTUNITY...Bottle Holder 2’x2’ Bottle Holder (4) Storage Cabinet 8’ 3-Door Loboy Refrigerator Back Bar 14’ Television (2) 5-Line Beer Tap Storage Cabinet

WALK-IN COOLER WALK-IN COOLER WALK-IN FREEZER

PREP AREA

STAFF LOCKERS

OFFICE

MECHANICAL ROOM

STORAGE

ELECTRIC ROOM

230 MILL STREET • GREENWICH • CONNECTICUT

BASEMENT FLOOR PLAN