794 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$895,000
Revenue$2,055,024 EstablishedUndisclosed
Cash Flow$344,508 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Unique Restaurant /bar $2.1 Million Sales $344,00+ Profit Below Market Lease:: Sba Approved

RRC#: 2516
Asking Price: $895,000
Location: Prime Downtown Location, Sonoma County, California
Yearly Revenue: $2,055,024
Yearly Cash Flow: $344,508
Monthly Rent: $4,400

LISTING DESCRIPTION:
This long established business in a very desirable downtown location where there is a lot of new growth underway. This business is SBA pre-approved so with 25% cash down or $223,000 SBA will finance the 75% balance of the purchase price to a qualified buyer. The building was recently remodeled at a cost of $1.5 million. The concept is very unique and the business has generated strong sales and profits for many years. There are several dining areas with a combination of tables and chairs, bar stool seating and banquette seating. There is a separate bar area, an area where private parties up to 75 can be held and the atmosphere has an upbeat comfortable casual vibe. Some of the equipment includes as follows: 13'' type 1 hood with fire suppression system, 4 compartment steam table, 6'' under counter refrigerator with sandwich station on top. Alta Sham oven, 3'' char grill, 2'' flat grill, 3 double basket fryers, 6 burners over convection oven, prep sink, 6'' freezer, ice machine, 2 glycol system, 6 flat screen TV''s with audio video system, walk-in refrigerator, 4'' glass beer refrigerator, corner bar sink, 24" ice well, hand sink, 6 remote taps +6 taps and 2 booze taps, warming drawer, 4 door back bar, glass chiller, 3 bay bar sink, 3 ice wells and POS system with with 5 stations, There are also ADA restrooms, large office and several storerooms. There is a below market lease and the rent during the options can only be adjusted by CPI not to exceed 3% per year.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 1999 | Seating: 127 + additional 50 to 75 in banquet area | Square Footage: 3,700 + 1,400 private dining space/overflow seating + patio | Parking: Street parking + multiple parking lots | Licenses Required: Business, ABC Type 47 (hard liquor) | Days Open/Hours: Lunch and Dinner Daily + Late Bar | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $2,055,024 | Yearly Cash Flow: $344,508 |

LEASE INFORMATION:
Monthly Rent: $4,400 | Lease Expiration: 8/31/18 | Yearly Adjustment: CPI not to exceed 3% year | Lease Option: 2 Five Year Options |
Ad #87259
Seller Reference #2516
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Steven D. Zimmerman, CBI, CBB
Restaurant Realty Company
415-945-9701
Name
Email Address
Message