Freestanding Beachfront Restaurant & Bar-Ocean View-Seller Will Carry.
Santa Cruz, California.
Offered At: 195,000 (NEW PRICE REDUCTION)
Revenue: $61,000 per month;
Cash Flow: Contact For Info;
Lease Rent: $7,140 All inclusive;
Square Feet: 2,200.
Listing Description:
This restaurant opportunity boasts a freestanding building, well equipped kitchen, a beautiful bar, liquor license, outdoor patio seating along a beachfront promenade which looks out to the Pacific Ocean. All seating in the dining room, bar and patio have an unobstructed view of the ocean. The bar surface is a beautiful concrete composite with impregnated sea shells with a Mahogany bar-back featuring two deep bottle chillers, wine display fridge. 1 door and a 3- door under counter fridge with 4 taps, 3-comp. bar sink, hand sink, beverage dispenser hose and ice tub. The kitchen has a 10-burner range with two ovens, a 2' char broiler, an 11' type 1 hood, a double fryer, salamander, two pizza prep fridges, one with 4 drawers and one with 2 doors, one each 1-door under counter freezer and fridge, walk-in, 3-comp. sink, dishwasher clean and dirty stations with rinse, floor sink and floor drain. There is a server area with coffee machine, espresso machine and grinder, mixer, microwave, Robot Coupe, 1-door and 2-door under counter fridges and 3-level stainless shelves for staging food orders. There is also an upstairs office and storage area, two ADA restrooms with decorative tiles, a mop sink room, ice machine, liquor room, and a security system with four cameras with DVD recorder. The present owner is absentee and there is upside to increase profits and revenue with a hands- on owner operator, expanding hours to include weekday lunches and extend evening hours to capitalize on the full bar and patio area to serve a later clientele.
General Information:
Organization: Corporation;
Year Established: 2006;
Current Owner: 2006;
# of Employees: Contact For Info;
Seating: 60 Inside, 25 Outdoor Patio;
Square Foot/Size: 2,200;
Parking: Lot, Street;
License(s) Required: Business, Type 47;
Days Open/Hours: Mon-Fri. 5pm-10pm, Sat. & Sun.10am-10pm;
Reason For Sale: Other interests.
Financial Information:
Revenue: $61,000 per month;
Cash Flow: Contact For Info;
Current Inventory: Contact For Info;
Payroll: Contact For Info.
Lease Information:
Lease Rent: $7,140 All inclusive;
Lease Expiration: April 1, 2011;
Yearly Adjustment: 3.5%;
Lease Option: 5 years;
Security Deposit: $10,000.
Financing Information:
Down Payment: Contact For Info;
All Cash: Contact For Info;
Note Balance: Contact For Info;
Rate/Term of Note: Contact For Info.