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Asking Price$2,895,000
Revenue$1,259,970 EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Established Restaurant, Bar + Real Estate; Banquet Facilities, Outdoor Seating Area on Major Street

RRC#: 4299  
Asking Price: $2,895,000
Location: 2007-2009 Bridgeway, Sausalito  
Annual Revenue: $1,259,970
Annual Cash Flow: Contact for Info
Real Estate Included

Listing Description:
This is currently Saylor's Restaurant and Bar on a prime major thoroughfare with excellent exposure and easy access.  The first floor consists of a comfortable dining room with booth seating and tables and chairs, attractive hanging light fixtures, with wood, tile and stone finishes throughout the dining areas.  There is a separate cocktail lounge with an attractive L shaped bar with 7 bar seats as well as several bar height tables and bar height chairs.   The first floor also includes a full kitchen, dishwashing area, storage areas, liquor storeroom and ADA restroom.  Some of the major equipment includes as follows:  10" type 1 hood with fire suppression system, 2' x 3' chargrill, 3' x 3' flat grill over oven, 6 burners over oven, 2 double basket fryers, 2 compartment steamtable, 1 food warmer, 2 full door freezers, 2  hand sinks, counter mixer, microwave, full door refrigerator, 2 under counter refrigerator drawers, 2 - 3 door under counter refrigerators (1 with sandwich station on top), dishwashing sink + rinse hose, 3 compartment sink, utility sink, walk-in refrigerator, 4 door under counter refrigerator, under counter dishwasher, ice machine,  mop sink, chip warmer, coffee maker, 2 flat screen TV's and Micros POS system.  The second floor consists of a banquet room which can hold up 40, a large office area and 2 restrooms.  Off the second floor is an enclosed patio which seats approximately 30 with tables and chairs, umbrellas and outdoor heaters. Prior years sales were as follows:  2017 - $1,495,166;  2018- $1,531.677;  2019 -$1,575,338 and 2021 - $1,029,555 with limited days and hours of operation.  Approximately one third of the sales are alcohol sales.  There is lots of upside for increased sales and an additional day of operation as the days and operating hours have been reduced since Covid as follows: M -Th 4p to 9p and F & SA 4p to 10p.  There is an upside for lunch daily and brunch on the weekends and opening up on Sunday.  This is a rare opportunity to purchase a restaurant, bar and building on a major thoroughfare with lots of upside.

For more information please visit https://www.restaurantrealty.com/listings/4299/

General Information:
Organization: Other
Year Established: 2013  
Employees: Contact for Info
Reason For Sale:  Other Interests  

Financial Information:
Monthly Revenue: $104,997
Monthly Cash Flow: Contact for Info
Annual Revenue: $1,259,970
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info

Facilities:
Square Feet: 3,812 Building + 6,000 Lot
Seating: 100+40 in banquet room + 30 on patio
Parking: Street parking
Days/Hours of Operation: Contact for Info
Facilities:Square Feet: 3,812 Building + 6,000 Lot Seating: 100+40 in banquet room + 30 on patio Parking: Street parking
Training/Support:Yes
Sale Reason:Other Interests
Ad #139687
Seller Reference #4299
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
888-995-9701
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