Magnificent Grill And Bar In A Destination Location
Not Disclosed, CA Not Disclosed
Request More Information Contact the Seller
- RE: Magnificent Grill And Bar In A Destination Location
- Contact: John Willingham
Quick Facts
| Asking Price: | $1,475,000 | |
| Annual Revenue: | $2,280,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $616,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $1,500,000 | |
| Year Established: | 1984 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | SB-53497 | |
| Broker Reference #: | BAKERCA001-53497 |
Business Overview:
Established in 1984 by the original Owners. The current Owners purchased the establishment with the intention of upgrading and improving and have been very successful in making their vision a reality. Current owner remodeled and upgraded the Kitchen with state of the art and current equipment. They have extended dining space to include a large, covered area with room for live music and events. A picturesque location with a view of the river and the surrounding hills. The Bar Area has also been expanded and improved. Tables, railing, chairs, etc. are all newer and in pristine condition. The exterior of the building is also in excellent condition including a new roof within the last 3 years. This is a hidden gem that will need little to no capital injection. A very busy location and many hotel guests come here to dine. The grill and the bar are well-run by all of the staff, management, kitchen, servers, bussers, bar tenders, etc.Notes:Pre-Approved for SBA Loan. Real Estate is available to purchase for $1.5M or Seller will lease.Seller will consider Seller financing with a large downpayment.Liquor License type 47S-CorpInventory not included in Sales Price, approximately $28,000.Point of Sale System - Toast
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Established in 1984. A standalone building with approximately 30 parking spots and ample street parking.
Market Competition and Expansion:
High traffic area and a go to location. Growth can be achieved by offering other menu choices, hosting events and offering additional entertainment venues.
Reason for Selling:
Other Business Interests
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
