* Included in Asking Price
Established Restaurant In Popular Downtown Area - $150,000+ Profit
Asking Price: $329,000
Location: Monterey County, Monterey County, California
Yearly Revenue: $886,800
Yearly Cash Flow: $150,000
Monthly Rent: $3,347
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.
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 |
Yearly Revenues: $886,800 | Yearly Cash Flow: $150,000 |
Monthly Rent: $3,347 | Lease Expiration: July 2021 | Yearly Adjustment: Fixed Increases | Lease Option: 5 year Option |
Seller Reference #2948
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