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Asking Price$165,000
Revenue$336,000 Established1997
Cash FlowUndisclosed Employees8 part-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Gorgeous Gem of a Restaurant in Renowned Tourist City Center - Calaveras County Wine Country

RRC#:  4309
Asking Price: $165,000
Location: Calaveras County
Annual Revenue: $336,000
Annual Cash Flow: Contact for Info
Monthly Rent: $2,855
Expiration: 02/28/2023  plus  5 year Lease Option

Listing Description:
Nestled in the center of a bustling tourist city in the heart of the Calaveras Wine District sits this renowned restaurant. The present owners have owned this restaurant since 2018 and have completely renovated the kitchen, dining room and built a fabulous patio over these short years. Due to serious family illness they need to now sell for $165,000. This is purely an asset sale as the prior 2 years of pandemic financials are meaningless. 2019 the business managed revenues of $522,000. The city is extremely popular all year around but especially busy from April - October as a tourist destination where wineries and the many events attract tens of thousands of Bay area folks. The kitchen is clean and modern with an 8 ft exhaust hood and fire suppression system, a Wolf 6 burner stove with oven, broiler, flattop, large deep fryer, a 2 door lowboy & 2 single door lowboys, large ice machine, 6'x8' walk-in cooler, blender, robot coupe, sinks, dishwasher and 4 prep tables. The dining room is equipped with 25 chairs, 6 bar stools, 2 refrigerated beer kegs, wine cooler, beer cooler, 3 compartment sink and coffeemaker all encompassed in a pleasant dining atmosphere. The covered patio has seating for 32 on 10 tables and 2 ceiling fans with portable propane heaters and colorful floral boxes. Monthly revenues are currently $30,000+ per month which is achieved on hours: Thursday - Saturday:  8-8pm. Sundays are breakfast and lunch only, 8am-3pm and there is ample opportunity be open 6-7 days and grow the business especially during the peak summer months. This is lifestyle change and would suit a budding chef and family to enjoy this upscale rural area away from the crazy city traffic. Please complete the ‘Non Disclosure Agreement’ on our site and we will send you the name and address with the financial information, lease & the full list of equipment included with the purchase. We’ll also send you the Broker's contact information so you can discuss this opportunity in more detail.

For more information please visit https://www.restaurantrealty.com/listings/4309/

General Information:
Organization: LLC
Year Established: 1997
Employees:  8
Reason For Sale: Death in the Family

Financial Information:
Monthly Revenue: $30,000
Monthly Cash Flow: Contact for Info
Annual Revenue: $336,000
Annual Cash Flow: Contact for Info
Annual Payroll: $181,751

Square Feet: 3,000 + covered Patio
Seating: 40 + Patio 30
Parking: Street
Days/Hours of Operation: Thursday 8.00am-8.00pm, Sunday 8.00am-3.00pm - Closed Monday, Tuesday & Wednesday
Facilities:Square Feet: 3,000 + covered Patio Seating: 40 + Patio 30 Parking: Street
Sale Reason:Death in the Family
Ad #140445
Seller Reference #4309
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
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