Established Restaurant, Bar + Real Estate; Banquet

Sausalito, CA
Marin County

A prime major thoroughfare

Asking Price: Annual Revenue:
$2,895,000 $1,259,970

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established Restaurant, Bar + Real Estate; Banquet Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $2,895,000
Annual Revenue: $1,259,970
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 677511533
Broker Reference #: 4299

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Business Overview:

Established Restaurant, Bar + Real Estate; Banquet Facilities, Outdoor Seating Area on Major Street

RRC#: 4299
Asking Price: $2,895,000
Location: 2007-2009 Bridgeway, Sausalito
Annual Revenue: $1,259,970
Annual Cash Flow: Contact for Info
Real Estate Included

Listing Description:
This is currently Saylor's Restaurant and Bar on a prime major thoroughfare with excellent exposure and easy access. The first floor consists of a comfortable dining room with booth seating and tables and chairs, attractive hanging light fixtures, with wood, tile and stone finishes throughout the dining areas. There is a separate cocktail lounge with an attractive L shaped bar with 7 bar seats as well as several bar height tables and bar height chairs. The first floor also includes a full kitchen, dishwashing area, storage areas, liquor storeroom and ADA restroom. Some of the major equipment includes as follows: 10" type 1 hood with fire suppression system, 2' x 3' chargrill, 3' x 3' flat grill over oven, 6 burners over oven, 2 double basket fryers, 2 compartment steamtable, 1 food warmer, 2 full door freezers, 2 hand sinks, counter mixer, microwave, full door refrigerator, 2 under counter refrigerator drawers, 2 - 3 door under counter refrigerators (1 with sandwich station on top), dishwashing sink + rinse hose, 3 compartment sink, utility sink, walk-in refrigerator, 4 door under counter refrigerator, under counter dishwasher, ice machine, mop sink, chip warmer, coffee maker, 2 flat screen TV's and Micros POS system. The second floor consists of a banquet room which can hold up 40, a large office area and 2 restrooms. Off the second floor is an enclosed patio which seats approximately 30 with tables and chairs, umbrellas and outdoor heaters. Prior years sales were as follows: 2017 - $1,495,166; 2018- $1,531.677; 2019 -$1,575,338 and 2021 - $1,029,555 with limited days and hours of operation. Approximately one third of the sales are alcohol sales. There is lots of upside for increased sales and an additional day of operation as the days and operating hours have been reduced since Covid as follows: M -Th 4p to 9p and F & SA 4p to 10p. There is an upside for lunch daily and brunch on the weekends and opening up on Sunday. This is a rare opportunity to purchase a restaurant, bar and building on a major thoroughfare with lots of upside.

General Information:
Organization: Other
Year Established: 2013
Employees: Contact for Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $104,997
Monthly Cash Flow: Contact for Info
Annual Revenue: $1,259,970
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info

Square Feet: 3,812 Building + 6,000 Lot
Seating: 100+40 in banquet room + 30 on patio
Parking: Street parking
Days/Hours of Operation: Contact for Info

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Property Features and Assets:

Square Feet: 3,812 Building + 6,000 Lot; Seating: 100+40 in banquet room + 30 on patio; Parking: Street parking.

Reason for Selling:

Other Interests.

Additional Details:

  • The property is owned.
  • 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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