* Included in Asking Price
Unique Northern Calif Casual 7 Unit Restaurant/bar Chain $15 Million Sales Lots Of Upside
Asking Price: $3,995,000
Location: San Francisco Bay Area, Northern California, California
Yearly Revenue: $15,000,000
Yearly Cash Flow: Contact For Info
Monthly Rent: Contact For Info
This unique opportunity consists of seven (7) locations of a well established, privately owned Restaurant Chain. All locations in Northern California are in premium shopping centers in either prime inline, end cap and/or freestanding units. The square footage of the units are as follows: 3 units are 5,000 square feet each and the remaining units are between 3,600 square feet to 4,500 square feet. Four of the units were built and started business within the past 4 years and the remaining units are 5, 18 and 20 years established , Most of the units seat between 182 and 227 customers and one unit seats 116. All locations have been well maintained. Each unit has a fully equipped display kitchen with extensive cooking equipment, prep kitchen, a full bar with type 47 license (beer, wine and hard liquor), comfortable dining rooms and spacious patios with outdoor seating Additionally most of the units floor plans are configured with large seating areas that can be used for private parties and other group functions.. All the units have ADA restrooms, large storage areas, managers offices and free parking lots. The owner spent over $9 million in building out these locations. All the locations are open daily for lunch and dinner and have late night bar hours. The projected 2016 sales are approximately $15 Million and the individual unit sales projections are as follows: $3.1 Million $2,7 Million $2.4 Million $1.9 Million $1.9 Million $1.5 Million and $1.4 Million. All of the unit''s leases have long term leases with options. If desired one of the buildings which is owned by the seller can be purchased too. This is an excellent opportunity for an established operator to expand their territory with beautifully designed turn key operations.
Organization: Corporation | Seating: See description | Square Footage: See description | Licenses Required: See description | Days Open/Hours: See description | Reason For Sale: See description |
Yearly Revenues: $15,000,000 |
Monthly Rent: | Lease Expiration: See description | Yearly Adjustment: See description | Lease Option: See description |
Seller Reference #2515
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