Seller's Contact Information
- RE: Newly Remodeled & Profitable Restaurant
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
| Asking Price: | $300,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $111,887 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | 12 | |
| BBN Listing #: | 881511533 | |
| Broker Reference #: | 4277 |
Business Overview:
Newly Remodeled & Profitable Restaurant For Sale in Vallejo! Freestanding Building, Corner Location
RRC#: 4277
Asking Price: $300,000
Location: Vallejo, California
Annual Revenue: Contact for Info
Annual Cash Flow: $111,887
Monthly Rent: $10,000 NNNs (new long lease available)
Expiration: New Lease Available
Listing Description:
The current property and business owner bought the building in 2019 and has invested over $350,000 into the total remodel of the restaurant and kitchen. The new popular concept opened for takeout only in 2020 and had its grand opening in November of 2021. The business profited roughly $120,000 in its first full year of operations.
The freestanding 5,100 square feet building is located on a busy corner, and includes a dedicated, gated, parking lot with over 60 parking spaces.
The space has a large dining room that can seat roughly 120, with a separate banquet room that can seat 85 guests.
The front of house space has been upgraded with all new tile flooring and walls, faux bamboo counters and finishes, new ADA bathrooms, modern counter service ordering station with four menu display screens and much more.
The kitchen is amazingly equipped with four Type 1 hoods, 8x14 walk-in fridge and freezer that have new motors and compressors, new high capacity commercial water heater, washer/dryer, a large grease trap with easy access, owned dish&ice machine, and much more extensive new equipment.
The building also has ample storage, a large office, security camera systems, a supply garage with rolling door, five electric panels with over 400amps, upgraded HVAC and so much more.
The surrounding area sees a lot of driver traffic, as there is a Kaiser complex nearby as well as a Walmart shopping center.
Please reach out for a full equipment list.
The landlord will create a new long term lease for a qualified tenant. Monthly rent will be roughly $2sf plus NNNs, with 3% CPI increases annually.
The timing is perfect to take over this new business in a new space and see your profits grow far into the future.
*Reference RRC Listing #4278, if you are interested in Buying the Building w/Business.
General Information:
Organization: Corporation
Year Established: 2020, Grand opening in 2021
Employees: 12
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: Contact for Info
Annual Cash Flow: $111,887
Annual Payroll: Contact for Info
Facilities:
Square Feet: 5,151
Seating: 120 Dining room, 80 Banquet/Event Space
Parking: Dedicated Parking with Secure Gates/Fences, 60 spaces
Days/Hours of Operation: 11am-8pm Wed-Sat, closed Monday Tuesday
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: 5,151 Seating: 120 Dining room, 80 Banquet/Event Space Parking: Dedicated Parking with Secure Gates/Fences, 60 spaces
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:
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