* Included in Asking Price
Real Estate Included - Casual Restaurant With Drive Thru And Large Parking Lot
Asking Price: $490,000
Location: Oroville, Butte County, California
Yearly Revenue: $402,000
Yearly Cash Flow: $45,000
Monthly Rent: Real Estate Included
Free Standing 2000 sq ft modernized Casual Restaurant with Drive Thru Windows for sale with the Real Estate. You will own the land and building and will NOT pay rent to a landlord or have future increases in annual rent. You will be your own boss and enjoy the benefits of the increases in real estate. In 2001 a closed flower shop was completely re-built and transformed into a Casual Restaurant with 2 ''Drive Thru'' windows. The present owners spent a year rebuilding this 2000 sq ft building adding the 2 window drive thru, which provides 50% of the annual sales, Also, a 45 seat dining room, large deli counters and a full Kitchen were completed. The kitchen is spacious and would make a great Caterers kitchen preparation allowing for expansion into catering while the central overhead is covered by the restaurant. There is an 8ft s/s type 1 hood with fire suppression system, a 12ft x 12ft walk in, 2 door prep fridge, 2 door & 3 door upright fridge, 6 burner stove, with broiler, flat top and double oven, 10 gal kettle boiler, 2 group espresso machine with 2 commercial grinders, 2 microwaves, 2 vita blenders with 4 pitchers, Panini grill, conveyor toaster, dishwasher, cash registers, safe and installed music system, all fully tiled throughout. This ''Turn Key'' business sits on 2 lots with 1/2 acre of lined parking lot for 27 vehicles. The 2 windows "Drive Thru" allows for a change of use to even include Fast Food Burgers, 1 for orders and payment, the other to provide the food. The nicely decorated dining room with modern counters and refrigerated food displays has a huge opportunity for growth as this unique space is located on a major 4 lane Hwy and has great curb appeal. The business is currently open 6am - 3pm and the present owners are quasi-absentee, therefore there is huge potential for growth by ''hands on'' owners while also opening in the evenings. To receive full details of this opportunity please complete the ‘Confidential Information’ request at the top of this page and we’ll send you the name, address, financials & lease information. We will also send you the broker’s agent contact information so you can discuss in more detail.
Organization: Sole Proprietorship | Year Established: 1990 | Current Owner: 2001 | Employees: 8 | Seating: 45 | Square Footage: 1974 | Parking: 27 | Licenses Required: Health and Business | Days Open/Hours: Mon - Fri 5.00am - 4.30pm Sat 7.00am - 1.30pm | Reason For Sale: Other Interests |
Yearly Revenues: $402,000 | Yearly Cash Flow: $45,000 | Payroll: $9,360 |
Monthly Rent: Real Estate Included | Lease Expiration: Real Estate Included | Yearly Adjustment: Real Estate Included | Lease Option: Real Estate Included | Security Deposit: Real Estate Included |
Seller Reference #2510
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