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  • RE:  Midgley’s- Profitable, Long-Established Restaurant
  • Contact:  Steve Zimmerman
  • License #: 1310250

Quick Facts

Asking Price: $549,999
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1951
Employees: 42
BBN Listing #: 939630
Broker Reference #: 4707

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Business Overview:

Midgley’s - Profitable, Long-Established Restaurant and Bar with Hard liquor license in Stockton RRC# 4707 Location: 296 Lincoln Center, Stockton Description: This restaurant is a totally “Turnkey” business opportunity. Over $3million annual sale, easy excitability with nice curb appeal and a welcoming large patio. Located in the well-established Lincoln Center in Stockton. Surrounded by higher end shops and national chains like Starbucks and Jamba Juice. Parking is plenty around the shopping center. The restaurant is sophisticated and welcoming. Guests enter through the cozy patio, which is outfitted with a water misting system, stays cool even on the warm summer nights, and for the cooler winter evenings there are 4 attached above heaters that guarantee comfortable dining for guests. The dining room is well-structured, pleasing for guests and easy to operate for the staff. Wall to ceiling sliding doors create an outdoor indoor feeling. Booth and bench seating gives flexible room for small to larger parties. The restaurant kitchen is well-equipped to maintain large value. Plenty of storage, a large walk in, a walk-in freezer, 2 type 1 hood with ansul system, char grill, 6 burner oven-range, salamander, 2 fryers with 4 basket, flat top with a reach in under, ice

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Property Features and Assets:


Square Feet:  3,848 + 450

Seating: 115 

Parking: Shopping center parking 

Licenses: ABC Type 47, 58, 77 License, Local Business License, Health Permit, 

Days/Hours of Operation: Monday to Thursday and Sunday 11:30 - 9:00 Friday and Saturday 11:30- 10  


Menu and recipes are included in the sale. Celebrity Chef Michael Midgley would be available to stay on for a longer period, after the sale, either for a salary or a consulting base.

Market Competition and Expansion:

General Info:

Ownership:  Inc

Established: 1951

Employees:  42

Reason For Sale: Other Interests

Monthly Rent: $7,037 + 3% of Gross Sale 

Expiration: 10/31/2026 

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


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