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Asking Price$1,395,000
Revenue$1,160,000 Established1995
Cash Flow$200,000 Employees16 part-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
A Real Gem! SBA Pre-Approved - Real Estate Inc - Bar & Restaurant– Patio – Historical City

RRC#: 4191  
Asking Price: $1,395,000
Location:  Tuolumne County
Annual Revenue: $1,160,000
Annual Cash Flow: $200,000
Monthly Rent: Real Estate Included
 
Listing Description:
A long term 25-year 90% SBA loan has been pre-approved for this 2,400 sq. ft Business with Real Estate, Only $140,000 down. The owners completely renovated this circa 1893 historic building in 2018 with a large dose of character, style and comfort using only quality materials, with its heated 2,500 sq. ft rear covered patio, its own bar, games area and ample seating & storage. Most of the original features remain and have been upgraded to keep the authenticity and architecture of this historic bustling city with massive renovations throughout the city, it really shines.

Serving upscale comfort food, craft beers and quality wines in a casual atmosphere while generating in 2021 Tax Return sales revenues of $1.160 million and $200,000 in profits while only being open 4 days a week, Thursday–Sunday. There is so much opportunity to grow this already outstanding bar & restaurant. The modern kitchen is complete with  a 20ft Type 1 hood with fire suppression system, chargrill, flattop, 6 burner stove with oven, 2 deep fat fryers, dual convection oven and proofer. Two 3 door & one 2 door refrigerated worktops, large walk-in fridge, two 2 door upright freezers, large ice machine plus ample stainless-steel work tables. Lots of kitchen toys including robot coupe, panini press, meat slicer, espresso coffee machine & a large emulsion blender. The front of house has a hand held POS system, 2 terminals, 4 printers and a quality sound system throughout. 9 bar stools and a dining room seating for 75 and a private dining room all surrounded with brick walls & wooden floors. 2 fully equipped ADA bathrooms complete the front customer space. The attractive, covered outdoor patio has its own fully fitted bar and a second walk-in and loads of storage with seating for 50, outdoor games area and string lighting plus a commercial Yoda smoker. After the recent power outages during the summer, the owners installed 2 large electric generators in 2019 which are capable of powering the whole building’s electrical needs, so the business can be self-sufficient and continue without interruption.

This is a wonderful opportunity for an experienced operator to enjoy the beautiful countryside and immediate perks of being your own boss. To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Information:
Organization: LLC
Year Established: 1995  
Employees: 16
Reason For Sale:  Other Interests  

Financial Information:
Monthly Revenue: $97,000
Monthly Cash Flow: $16,670
Annual Revenue: $1,160,000
Annual Cash Flow: $200,000
Annual Payroll: $355,465

Facilities:
Square Feet: 2,400 Indoors - 2,500 Enclosed Rear Patio
Seating:  84 inside 50 outdoors
Parking: 2 adjacent parking lots plus street
Days/Hours of Operation: Thu 11:00 am - 9:00 pm Fri 11:00 am - 10:00 pm Sat 11:00 am - 10:00 pm Sun 11:00 am - 9:00 pm
Facilities:Square Feet: 2,400 Indoors - 2,500 Enclosed Rear Patio Seating: 84 inside 50 outdoors Parking: 2 adjacent parking lots plus street
Training/Support:Yes
Sale Reason:Other Interests
Ad #137125
Seller Reference #4191
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