Business Overview:
Offered At: $89,000 (NEW PRICE REDUCTION)
Location: North Bay, California
Revenue: $21,000 / Month
Cash Flow: $2,000 / Month
Listing Description:
This business offers the prospective buyer a true turn key opportunity in an established restaurant with lots of upside for increased sales and expanded menu. Located in a high traffic environment with great visibility. The main dining area features table seating with attractive floor tiles, a cozy bistro ambiance, and large glass windows offering a great view to the outside. There is a freestanding wood bar and service area for wine service and display, server station with a two group espresso machine and grinder, coffee machine, soda, water and ice dispenser, hand sink, chest freezer, cash register, credit card terminal and printer. Kitchen equipment includes an 11’ type one hood, two-6-burner ranges with ovens, 6-burner saute’ station, 2’ char grill, microwave, soup warmer, 2-door salad prep. fridge and butcher block work table. An adjacent kitchen area features a 7 1/2’ type two hood with 5’ single deck pizza oven, large walk-in fridge with access from both the kitchen and glass doors accessible from the front service area. There is a large 2-compartment sink with rinse with built in dishwasher and separate rinse sink, floor sink, hand sink, and stainless work tables. A rear prep room has a 2-door freezer, slicer, blender, two mixers, and storage area and an additional dry goods storeroom and linen area. The large office with computer equipment, fax and copy machine also has a wine storage area. Off the main dining room is a separate private party/ banquet room with high ceilings which can seat parties of up to 30 people. The current menu features Italian lunch and dinner items as well as pizza and the sale includes both the business name and menu. Given that the present business is closed Mondays and does not serve lunch on weekends, sales revenues would benefit greatly by opening seven days per week and expanding the evening operating hours and to offer weekend lunch service. The seating capacity can also be increased by expanding to create outdoor dining which would also add to the ambiance and visibility of the location. The business owner will negotiate an offer to train a new operator for the business and allow a seamless transition of ownership.
General Information:
Organization: Sole Proprietorship
Seating: 70
Square Foot/Size: 1,500
Parking: Street
License(s) Required: Business, Type 41 ABC
Days Open/Hours: Tues-Fri 11:30a-2:30p,5p-9pSat/Sun 5p-9p
Lease Information:
Lease Rent: $1,900 all inclusive
Lease Expiration: Sept. 2011
Yearly Adjustment: $50 per year
Lease Option: Negotiable
Security Deposit: $1,500.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.