Seller's Contact Information
- RE: Freestanding Restaurant With Banquet Room
- Contact: 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 |
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
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:
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 homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
Here are some of the similar listings you can choose from
Local Award Winning Iconic Two Location Restaurant
Two Full Service Restaurant locations that presently serve breakfast and lunch 7 days a week. Original location has been in operation for over 25 years. Real Estate is Available.