This is an amazing opportunity to purchase the The Big Rock Grill and partner with the property owner, Big Rock Brewery, via a Management and License Agreement (the “Agreement”). This iconic establishment is an upscale and profitable restaurant and is extremely busy with reservations for lunch normally required. The owners have successfully run this restaurant for the last 10 years, but the time has come for them to retire and pass it on to the next chef. The dining area is 3000 sq. ft. and seats 116 guests with an additional outside patio of 2200 sq. ft. for additional summer seating. There is a second-floor mezzanine of 280 sq. ft. that is used for storage that could be used for additional seating. Special events such as weddings and corporate gatherings are also a significant part of the restaurant’s offerings.
The current format is Continental with a European flair. There is a liquor license and a full complement of Big Rock beverages on tap. The Agreement is unique with Big Rock Brewery in that the Big Rock Brewery maintains the building, kitchen equipment, and covers the operating costs, while The Big Rock Grill owner pays a percentage of gross sales. Big Rock Brewery is willing to sign a 10-year agreement consisting of two separate 5-year terms.
Full financials are available to qualified buyers upon signing a confidentiality agreement. Please note that the incoming partner must also be subject to agreement with Big Rock Brewery on the final form of the new Agreement.
Please do not approach or talk to any staff. Listing agent will be present at all showing to assist.