Freestanding Restaurant with Banquet Room

Not Disclosed, CA
Marin County


Asking Price: Annual Revenue:
$150,000 $600,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: Freestanding Restaurant with Banquet Room Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $150,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 685311533
Broker Reference #: 4321

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Business Overview:

Freestanding Restaurant with Banquet Room & Outdoor Seating - $120,000
Profit, $600,000 Sales

RRC#: 4321
Asking Price: $150,000
Location: Marin County
Annual Revenue: $600,000
Annual Cash Flow: $120,000
Monthly Rent: $6,500 + $1,000NNN
Expiration: Negotiable

Listing Description:
A long established neighborhood breakfast, lunch and dinner restaurant on a prime corner location on two busy thoroughfares with excellent visibility and easy access. There is a separate parking lot, a combination of booths and tables and chairs which were newly installed plus counter seats, 2 ADA restrooms, a banquet room that seats 70, an outdoor seating area, a display kitchen and a large prep kitchen. Some of the equipment includes as follows: 20' type 1 hood with fire suppression system, 3' type 2 hood, 2 double basket fryers, 6' flat grill, 6 burners, 4' char broiler, 3 - 2 door under counter refrigerators + sandwich stations, full door freezer, microwave, slicer,2 walk-in refrigerators, ice machine, utility sink, 3 compartment sink, mop sink, convection oven, 3' drop-in freezer, 2 compartment drop-in freezer, 3 spindle mixer, soup warmer, 2 full door glass refrigerator and 6' display refrigerator, etc. There is a large back of the house area which includes a dishwashing area, storage rooms and office. Prior to Covid there has been a steady history for several years of strong sales and profits - both 2019 and 2018 the sales were $840,000 and $858,000 respectively and cash flow was approximately $150,000 per year. Current sales are approximately $600,000 a year with $120,000 profit.

General Information:
Organization: Corporation
Year Established: Contact for Info
Employees: Contact for Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $50,000
Monthly Cash Flow: $10,000
Annual Revenue: $600,000
Annual Cash Flow: $120,000
Annual Payroll: Contact for Info

Facilities:
Square Feet: 3,500
Seating: 100 + 70 in banquet room + outdoor seating
Parking: Parking lot
Days/Hours of Operation: Contact for Info

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Property Features and Assets:

Square Feet: 3,500; Seating: 100 + 70 in banquet room + outdoor seating; Parking: Parking lot.

Reason for Selling:

Other Interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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