Freestanding Restaurant with Banquet Room & Outdoor Seating - $120,000 Profit, $600,000 Sales

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Freestanding Restaurant with Banquet Room & Outdoor Seating - $120,000
Profit, $600,000 Sales

RRC#: 4321  
Asking Price: $150,000
Location:  Marin County
Annual Revenue: $600,000
Annual Cash Flow: $120,000
Monthly Rent: $6,500 + $1,000NNN
Expiration: Negotiable

Listing Description:
A long established neighborhood breakfast, lunch and dinner restaurant on a prime corner location on two busy thoroughfares with excellent visibility and easy access.  There is a separate parking lot, a combination of booths and tables and chairs which were newly installed plus counter seats,  2 ADA restrooms, a banquet room that seats 70, an outdoor seating area, a display kitchen and a large prep kitchen.  Some of the equipment includes as follows: 20' type 1 hood with fire suppression system,  3' type 2 hood, 2 double basket fryers, 6' flat grill, 6 burners, 4' char broiler,  3 - 2 door under counter refrigerators + sandwich stations, full door freezer, microwave, slicer,2  walk-in refrigerators, ice machine, utility sink, 3 compartment sink, mop sink, convection oven, 3' drop-in freezer, 2 compartment drop-in freezer, 3 spindle mixer, soup warmer, 2 full door glass refrigerator and 6' display refrigerator, etc.   There is a large back of the house area which includes a dishwashing area, storage rooms and office.   Prior to Covid there has been a steady history for several years of strong sales and profits - both 2019 and 2018 the sales were $840,000 and $858,000 respectively and cash flow was approximately $150,000 per year.  Current sales are approximately $600,000 a year with $120,000 profit.

For more information please visit https://www.restaurantrealty.com/listings/4321/

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

Financial Information:
Monthly Revenue: $50,000
Monthly Cash Flow: $10,000
Annual Revenue: $600,000
Annual Cash Flow:  $120,000
Annual Payroll: Contact for Info

Facilities:
Square Feet: 3,500
Seating: 100 + 70 in banquet room + outdoor seating
Parking: Parking lot
Days/Hours of Operation: Contact for Info

Facilities:

Square Feet: 3,500 Seating: 100 + 70 in banquet room + outdoor seating Parking: Parking lot

Training/Support:

Yes

Sale Reason:

Other Interests