886 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$329,000
Revenue$886,800 EstablishedUndisclosed
Cash Flow$150,000 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Established Restaurant In Popular Downtown Area - $150,000+ Profit

RRC#: 2948
Asking Price: $329,000
Location: Monterey County, Monterey County, California
Yearly Revenue: $886,800
Yearly Cash Flow: $150,000
Monthly Rent: $3,347

LISTING DESCRIPTION:
This is a very well-established, cozy multi-faceted restaurant with quaint, old- world ambiance. It is located in a high-traffic area in Monterey County, and is a favorite of both locals and tourists. Currently open for lunch and dinner and there is upside for additional hours. The kitchen could be used to build a catering business and increase sales significantly without interfering with cooking for restaurant guests due to its unique location. Fully equipped kitchen includes, several under-counter refrigerators, reach in refrigerators, 6' type one hood, 2 four burner stove with oven, walk-in refrigerator, 2 walk-in freezers, prep area, wine storage, convection oven, 2 Hobart mixers, proofer, ice machine and dish sink and dishwasher. There are also two restrooms. Both the floor in the kitchen and dining room are 1 year old.

GENERAL INFORMATION:
Organization: Not Available | Seating: 48 Indoor Seating | Square Footage: 1200 sqft | Parking: Street | Licenses Required: Beer and Wine, Business | Days Open/Hours: Daily | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $886,800 | Yearly Cash Flow: $150,000 |

LEASE INFORMATION:
Monthly Rent: $3,347 | Lease Expiration: July 2021 | Yearly Adjustment: Fixed Increases | Lease Option: 5 year Option |
Ad #101030
Seller Reference #2948
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
415-945-9701
Name
Email Address
Message