NEW PRICE REDUCTION - Remodeled Diner On Busy Downtown Street, RRC#: 1119 Location: Busy Downtown Street Mid Peninsula, California Offered at: $250,000 Listing Description -- This restaurant is on a very desirable street in a popular downtown city that has a moratorium in place which prohibits any new restaurants from opening. The restaurant was totally built out at a cost of close to $250,000 from an empty shell less than a year ago and the restaurant has a diner motiff. There is a large glass frontage, high ceilings, tile floors, display kitchen and a combination of booths, tables and chairs and counter seating. Some of the equipment includes as follows: full door glass refrigerator, 3 compartment sink, 2 full door freeezer, 2 full door refrigerator, utility sink, 2 group espresso machine, cash register, ice machine, hand sink, 12' type 1 hood with fire suppression system , coffee grinder, rotary toaster, double basket fryer, 4 burners over oven, 5' flat gill, 3' chargrill, 2 - 2 door undercounter refrigerator ( 1 with sandwich station), waffle iron, 50" plasma TV, mop sink, slicer, milkshake mixer, etc. There is also a storage room/office and ADA bathroom. There is upside for extending the hours Sunday and Monday to include dinner.
General Information --Organization: Corporation Year Established: Contact For Info Current Owner: Contact For Info # of Employees: Contact For Info Seating: 49 + 4 outside Square Foot/Size: 1,300 Parking: Street and Parking Lots Lic. Required: Business and ABC Type 41 (Beer & Wine) Days Open/Hours: Tues-Sat 7am - 9pm, Sun/Mon 7am-5pm Reason For Sale: Other Interests Financial Information -- Revenue: $30,000 / month Cash Flow: Contact For Info Current Inventory: Contact For Info Payroll: Contact For Info Lease Information -- Lease Rent: $4,250 all inclusive Lease Expiration: 2011 Yearly Adjustment: CPI Lease Option: 5 years Security Deposit: Not Available