Seller's Contact Information
- RE: Established Restaurant, Bar Real Estate; Banquet
- Contact: 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 |
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
Facilities:
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
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: 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.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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