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
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: 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:
Relevant Links:
Asking Price: $150,000