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RE:  $4,850mm - Real Estate Included - Restaurant Contact:  Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $4,850,000
Annual Revenue: $2,650,000
Net Profit: Not Disclosed
Cash Flow: $628,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 25
BBN Listing #: 767411533
Broker Reference #: 4390

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Business Overview:

$4,850mm - Real Estate Included - Restaurant, Beer Garden, Cocktail Bar, Taproom & Large Event Center in Gold Country

RRC# 4390
Location: 208 S Green Street, Sonora

Description
SBA Loan Pre-Approved $4,850 million - 14,000 square foot with ABC Type 47 Hard Liquor License. “The Armory” Beer Garden Restaurant Custom-built Beer Garden/Restaurant/Cocktail Bar State-of-the-art Beer Garden/Tap Room, 'The Armory' is located in the historic Gold Rush town of Sonora, CA and is surrounded by hotels, eclectic shops, boutiques, dining and social venues. Perfectly situated on the Yosemite tourist corridor, this iconic property features outdoor, multi-level seating in the lush Beer Garden and expansive roof-top patio with lounge area and fire pits (seating for 236 guests). Beautifully constructed custom bar, 24 tap craft beer system, and exterior shade and lighting that provide a magical ambiance year-round.

IG: @armorysonora, @bourbonbarrelsonora
FB: @armorysonora
Website: armorysonora.com

Property includes second bar, the “Bourbon Barrel”-a gorgeous, one-of-a-kind rustic bar with a masculine, Kentucky-style that specializes in bourbons, whiskeys, and craft cocktails. This space includes a second commercial kitchen and accommodates up to 52 guests.

Property also features an indoor event space with a dedicated bar and hosts bands, wedding, corporate events, conferences, and numerous private parties (seating for 130). Separate dining area, the “Wine Room”, is perfect for private dinner parties of up to 30, or make it a retail outlet for your branded merchandise. Additional warehouse space in rear of property is a blank slate, -space for whatever you’d like to create. Total building capacity 466.

Sale includes business, assets and real estate. This property is SBA loan pre-approved for well-qualified, experienced Buyers with excellent credit. Multi-level 14,000 sq ft building is one-of-a-kind, virtually brand new with top-of-the-line HVAC, appliances and systems, new roof, and custom finishes that give it a unique identity and unforgettable presence. Building is completely custom, unique and impressive. List price significantly below real estate rebuild value.

Perfect for a visionary owner to grow and/or implement their own concept while the other revenue streams are flowing, or simply a fantastic real estate investment property with forecasted 2023 revenue of 2.5 million. Included in the sale are two operating, fully-turnkey restaurants, each with their own kitchen, as well as a private event/catering business, and growing music events business. Type 47 liquor license (hard liquor) that covers all three bars on the property. Both restaurants and the private events businesses are fully staffed with management in place. Owner training offered to Buyer if desired.

Located in a high-traffic, central downtown location on the Yosemite National Park tourist corridor. Building includes attached ~3000 sq ft warehouse style space with roll-up door, commercial load-in/load-out and direct street access, -perfect for a microbrewery. Many unleveraged, unique spaces in the building with huge potential for additional revenue streams. Launched by local development group with 25 years in the industry. Strong social media and network marketing in place to support future revenue growth. Ideal business property for craft brewery or distillery to have a stunning retail outlet presence as well as ample production space. Also ideal for development as a high-end wedding venue.

360 Tour link: https://players.cupix.com/p/8xXLxAZS


For more information please visit: armorysonora.com FB @armorysonora IG @armorysonora

https://www.restaurantrealty.com/listings/4390/http://armorysonora.com/


Financial Information
Monthly Revenue: $220,833
Monthly Cash Flow: $52,333
Annual Revenue: $2,650,000
Annual Cash Flow: $628,000
Annual Payroll: $517,500

General Info
Organization: LLC
Established: 2019
Current Owner: 2022
Employees: 25
Reason For Sale: Other Interests
Real Estate Included

Facilities
Square Feet: 14,414
Seating: 466
Parking: 75
Licenses: ABC Type 47, Health and Business Licenses
Days/Hours of Operation: Mon Closed Tue 4:00 PM - 9:00 PM Wed 4:00 PM - 9:00 PM Thu 4:00 PM - 9:00 PM Fri 11:00 AM - 12:00 AM (Next day) Sat 11:00 AM - 10:00 PM Sun 11:00 AM - 9:00 PM

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: 14,414 Seating: 466 Parking: 75

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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