Seller's Contact Information
- RE: Established 1870 - $2 Million Annual Revenues
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
| Asking Price: | $795,000 | |
| Annual Revenue: | $2,046,124 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $346,798 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1985 | |
| Employees: | 45 | |
| BBN Listing #: | 64211533 | |
| Broker Reference #: | 4290 |
Business Overview:
Established 1870 - $2 Million Annual Revenues - 7,000 sq ft - Near Lodi off Hwy 99
RRC#: 4290
Asking Price: $795,000
Location: San Joaquin County
Annual Revenue: $2,046,124
Annual Cash Flow: $346,798
Monthly Rent: $5,500
Expiration: 2024 plus 5 Yr Option
Listing Description:
Originally built in 1870 and completely retrofitted and updated in 2020 while maintaining it's unique character. This Beautiful Pub includes the Bar, Dining Room, Patio and Banquet Room all Brimming with Character and Charm with a total of 290 seats on 2 floors. 7,000 square feet of total indoor space plus a large patio and a ABC Type 47 Hard Liquor License included with the sale. This is absentee owner operated with over $2million in annual sales making nearly $350,000 profit. $500,000 was spent on renovations in 2020, just prior to the pandemic so everything is virtually brand new.
Fully fitted kitchen, some of the equipment to include; Walk-in, 8 burner stove, flattop, 2 double fryers, multiple ovens.
70 seat banquet room lends itself so well to the wedding and event markets which are now returning strong, while the total character of the bar and dining room makes this amazing opportunity a wonderful acquisition to enjoy the future growth potential. Good books & records with verifiable financials and a full complement of management & employees in place.
To receive more information and discuss this opportunity with the broker, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
General Information:
Organization: LLC
Year Established: 1985
Employees: 45
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: $170,510
Monthly Cash Flow: $28,900
Annual Revenue: $2,046,124
Annual Cash Flow: $346,798
Annual Payroll: $614,732
Facilities:
Square Feet: 7,000
Seating: Bar 50-Patio 50-Dining room 120-Banquet room 70
Parking: Parking lot and street
Days/Hours of Operation: Mon & Tue Closed - Wed 4:00 PM - 8:30 PM Thu 4:00 PM - 8:30 PM Fri 11:00 AM - 9:30 PM Sat 11:00 AM - 9:30 PM Sun 10:00 AM - 8:00 PM
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: 7,000 Seating: Bar 50-Patio 50-Dining room 120-Banquet room 70 Parking: Parking lot and street.
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:
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