Remodeled Restaurant In Shopping Center; $1.3+ Mil

Not Disclosed, CA
Marin County

Bay Area

Asking Price: Annual Revenue:
$495,000 $1,308,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Remodeled Restaurant In Shopping Center; $1.3+ Mil Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $495,000
Annual Revenue: $1,308,000
Net Profit: Not Disclosed
Cash Flow: $200,214
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 158311533
Broker Reference #: 3604

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Business Overview:

Remodeled Restaurant in Shopping Ctr; $1.3+ Million Sales; $200,000+ Profit; SBA Loan Pre-Approved

Asking Price: Offered At $495000
Location: Marin County
Annual Revenue: $ 1,308,000
Annual Cash Flow: $ 200,214
Monthly Rent: $7,168 all inclusive

Listing Description:
This business has been pre-approved for an SBA Loan of between 80% to 90% of the sales price. With somewhere between $50,000 cash down to $100, cash down the bank is willing to finance the remaining balance. $750,000+ was spent in building on this beautiful restaurant in a busy shopping center in a strong demographic location. The restaurant has a large glass frontage and the dining room has an open airy feeling with high ceilings, designer hanging light fixtures, tile floors, stone counters, a combination of counter seats, banquette seating and tables and chairs. There is a display kitchen, prep kitchen, office area, storage areas and ADA bathrooms. Some of the equipment includes as follows: 8' type 1 hood with fire suppression system, 6 burners over oven, 2 -2 door under counter refrigerator (1 with sandwich station), ice maker, full door refrigerator, 1 door under counter refrigerator + 2 under counter refrigerator drawers over sandwich station, 1 compartment steam table, 2 door drop in freezer, wood burning pizza oven, 5 hand sinks, counter mixer, slicer, POS system, 2 group espresso machine, 3 beer taps, 8 wine taps, 3 compartment sink, dish washing sink + rinse hose, walk-in refrigerator, 3 door refrigerator, coffee maker and ice bin, etc.

Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $156,960
Monthly Cash Flow: $16,684
Annual Revenue: $ 1,308,000
Annual Cash Flow: $ 200,214
Monthly Revenue: $156,960

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Reason for Selling:

Other Interests

Additional Details:

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

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