Established Restaurant with $996,000 Sales

Not Disclosed, CA
Marin County

Asking Price: Annual Revenue:
$395,000 $996,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established Restaurant with $996,000 Sales Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $395,000
Annual Revenue: $996,000
Net Profit: Not Disclosed
Cash Flow: $174,960
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 40811533
Broker Reference #: 4269

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Business Overview:

Established Restaurant with $996,000 Sales, $175,000 Profit; SBA Pre Qualified- $60,000 Down Payment

RRC#: 4269
Asking Price: $395,000
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

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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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