Tex Wasabi's, 515 4th St, Santa Rosa

Santa Rosa, CA
Sonoma County

Bay Area

Asking Price: Annual Revenue:
$175,000 $2,000,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Tex Wasabi's, 515 4th St, Santa Rosa Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $175,000
Annual Revenue: $2,000,000
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 #: 358811533
Broker Reference #: 3611

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Business Overview:

Tex Wasabi's, 515 4th St, Santa Rosa; Below Market Lease; Did $2 Million + Sales RRC#: 3611

Asking Price: Offered At $175000
Location: 515 4th Street Santa Rosa, Sonoma County
Annual Revenue: $2,000,000
Monthly Rent: $4,700

Listing Description:
This long established business in a very desirable downtown location where there is a lot of new growth underway. The building was recently remodeled at a cost of $1.5 million. The ABC Type 47 license whose value alone is approximately $170,000 may be purchased in addition to the $175,000 purchase price for the business. The concept is very unique and the business has generated strong sales and profits for many years. There are several dining areas with a combination of tables and chairs, bar stool seating and banquette seating. There is a separate bar area, an area where private parties up to 75 can be held and the atmosphere has an upbeat comfortable casual vibe. Some of the equipment includes as follows: 13' type 1 hood with fire suppression system, 4 compartment steam table, 6' under counter refrigerator with sandwich station on top. Alta Sham oven, 3' char grill, 2' flat grill, 3 double basket fryers, 6 burners over convection oven, prep sink, 6' freezer, ice machine, 2 glycol system, 6 flat screen TV’s with audio video system, walk-in refrigerator, 4' glass beer refrigerator, corner bar sink, 24? ice well, hand sink, 6 remote taps +6 taps and 2 booze taps, warming drawer, 4 door back bar, glass chiller, 3 bay bar sink, 3 ice wells, large outdoor Southern Pride BBQ, ADA elevator lift and POS system with with 5 stations, There are also ADA restrooms, large office and several storerooms. There is a below market lease and the rent during the options can only be adjusted by CPI not to exceed 3% per year. The restaurant recently closed.

General Information:
Organization: Corporation
Established: Contact For Info
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $167,000
Monthly Cash Flow: Contact For Info
Annual Revenue: $2,000,000
Payroll: Contact For Info

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Reason for Selling:

Other Interests

Additional Details:

  • The property is leased.
  • The owner is not 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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