Iconic Restaurant And Bar With Option To Buy RE
Not Disclosed, CA Contra Costa County
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- RE: Iconic Restaurant And Bar With Option To Buy RE
- Contact: Steve Zimmerman
- License #: 1310250
Quick Facts
| Asking Price: | $429,000 | |
| Annual Revenue: | $3,252,819 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $132,281 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1987 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 947196 | |
| Broker Reference #: | 4786 |
Business Overview:
Iconic Restaurant and Bar with Option to Buy Real Estate; $3,250,000 + Million Revenue
RRC# 4786
Location: Contra Costa County
Description:
An Iconic Restaurant and Bar located in the heart of a charming Contra Costa town. This establishment blends California classics with an Asian flair, offering a unique dining experience. Known for its inviting atmosphere and picturesque outdoor seating, guests can enjoy live music on summer nights. Conveniently positioned on a vibrant street in the affluent Tri-Valley area, this location provides accessibility and prestige. The option to purchase the real estate with the business presents a rare chance to own a piece of culinary history in this esteemed locale.
Upon entering the restaurant, you'll find a vibrant bar area to your right, complete with both bar and lounge seating for a relaxed atmosphere. On the left side, you'll discover the spacious main dining room, divided into two distinct sections. The left section which is used as a dining area can be ideal for hosting semi-private parties, while the right side serves as the primary dining area. An expansive$271,068 chef's kitchen awaits, equipped with all the essentials for culinary excellence. Among its features are a type 1 hood, a walk-in refrigerator, a charbroil grill, fryer, range and ovens. A comprehensive inventory of equipment is available upon request. The kitchen also boasts a dedicated bakery section, an employee restroom, and an office area for administrative tasks.
Financial Information:
Monthly Revenue: $271,068
Monthly Cash Flow: $11,023
Annual Revenue: $3,252,819
Annual Cash Flow: $132,281
General Info:
Ownership: Partnership
Established: 1987
Employees: Contact For Info
Reason For Sale: Other Interests
Monthly Rent: $18,168 (including nnn)
Expiration: December of 2025 plus 5 Year Option
Facilities:
Square Feet: 5,022
Seating: 147 Inside, 104 Outside
Parking: Parking Lot, Street Parking and Public Parking Lot
Licenses: ABC Type 47 Liquor License, Business and Health Permit
Days/Hours of Operation: 11:30am - 8pm Sunday - Thursday, 11:30am to 9pm Friday - Saturday
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Property Features and Assets:
Facilities:
Square Feet: 5,022
Seating: 147 Inside, 104 Outside
Parking: Parking Lot, Street Parking and Public Parking Lot
Licenses: ABC Type 47 Liquor License, Business and Health Permit
Days/Hours of Operation: 11:30am - 8pm Sunday - Thursday, 11:30am to 9pm Friday - Saturday
Market Competition and Expansion:
General Info:
Ownership: Partnership
Established: 1987
Employees: Contact For Info
Reason For Sale: Other Interests
Monthly Rent: $18,168 (including nnn)
Expiration: December of 2025 plus 5 Year Option
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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