Seller's Contact Information
- RE: Price Reduction - Established Main Cafe
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
Asking Price: | $340,000 | |
Annual Revenue: | $850,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $160,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 14 | |
BBN Listing #: | 785111533 | |
Broker Reference #: | 4341 |
Business Overview:
Price Reduction - Established Main Street Breakfast/Lunch Cafe Located in Solano County
RRC#: 4341
Asking Price: $340000
Location: Solano County
Annual Revenue: $850000
Annual Cash Flow: $160000
Monthly Rent: $4,202
Expiration: 2025 plus 5 Year Option
Listing Description:
Price reduced to $340,000 for this popular Breakfast and Lunch Cafe located within a historic building, circa 1897. Situated in the center of town by the town center square. The walls are Brick lined which adds great character with the whole restaurant lovingly restored to a high standard by the current owners. Open from 7.30am - 1pm Daily and closed on Tuesdays, so there is huge growth potential for a new owner to also be a dinner house. The expansion of a dinner menu with the ABC type 41 beer and wine license included will be welcomed in the city. There is a modern kitchen with ample prep and storage/refrigeration rooms, a 55-seater dining room and a huge basement with new a HVAC system and ample storage with fully ADA compliant Bathrooms. This is 'THE' locals favorite 'Go To' spot. The kitchen has a 10ft Type 1 hood with fire suppression system, deep fryer, flattop, char broiler, 6 burner stove with oven, two refrigerated worktops, steam table and ample shelves, all fully tiled for ease of maintenance. The prep room and food storage areas have many upright refrigerators and freezers leading to the 1,000 sq ft basement for storage, With the addition of a walk-in the basement where many beer tap handles could be added, giving a real cozy evening atmosphere. The dining room has a seated bar, server's station and tables & chairs with antique memorabilia on the walls and a beautiful double fronted entrance. Annualized 2022 sales revenues are over $800k and profits are expected to be $160k with ample scope to increase even more. 1600 sq ft of first floor with a 800 sq ft basement for a monthly rent of $4,200 with no NNN charges. This is a great opportunity for a chef and partner team looking for their first business while making a name for themselves or an experienced restaurant owner looking to expand. To receive full details of this opportunity please complete the ‘Confidential Information’ request at the top of this page and we’ll send you the name, address, photos and financial & lease information. We will also send you the broker’s agent contact information so you can discuss in more detail.
General Information:
Organization: LLC
Year Established: 1995
Employees: 14
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: $70,800
Monthly Cash Flow: $13,333
Annual Revenue: $850,000
Annual Cash Flow: $160,000
Annual Payroll: $297,357
Facilities:
Square Feet: 2,438
Seating: 55
Parking: Large Parking Lot
Days/Hours of Operation: 7.30am - 1.30pm Daily - Closed Tuesdays
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: 2,438 Seating: 55 Parking: Large 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:
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