Business Overview:
Established Restaurant with $996,000 Sales, $175,000 Profit; SBA Pre Qualified- $60,000 Down Payment
RRC#: 4269
Asking Price: $300,000
Location: Downtown, Very Desirable City, Marin County
Annual Revenue: $996,000
Annual Cash Flow: $174,960
Monthly Rent: $4,300 NNN
Expiration: 10 years plus 2 - 5 year options
Listing Description:
This well-established restaurant is one of Marin County's most desirable cities in a prime downtown location. With $60,000 cash down SBA will finance the balance at reasonable terms. There is a large glass frontage, a display kitchen, a separate beer & wine bar with 12 bar stools and there are a number of high-top tables throughout. The décor is unique with hanging light fixtures, high ceilings, sky lights and unique finishes throughout. Some of the major equipment includes as follows: 10' type 1 hood with fire suppression system, 6 burners over oven, 2 wok burners, 4 compartment steamtable, 3 door under counter refrigerator sandwich station, 2 door under counter refrigerator, 3 -1 door under counter refrigerators (1 with 3 taps on top), 1 full door glass refrigerator, 5 hand sinks, 1' x 3' char broiler, 2 -4 door under counter refrigerators with 5 taps on top, ice machine, 4 tap wine dispenser, ice bin, TOAST POS system, 1 full door freezer, large flat screen TV, walk-in refrigerator, 3 compartment sink rinse hose, utility sink, mop sink and 3 rice cookers, etc, There is also a storage area, 2 ADA restrooms, employee lockers and office with a safe.
General Information:
Organization: Partnership
Year Established: Contact for Info
Employees: Contact for Info
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: $83,000
Monthly Cash Flow: $14,580
Annual Revenue: $996,000
Annual Cash Flow: $174,960
Annual Payroll: Contact for Info
Facilities:
Square Feet: 1,310 square feet outdoor seating area and service area
Seating: 65 inside 13 outside
Parking: Parking lot
Days/Hours of Operation: 7 / 11:30a-8p
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Property Features and Assets:
Square Feet: 1,310 square feet outdoor seating area and service area;
Seating: 65 inside 13 outside;
Parking: Parking lot.
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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