* Included in Asking Price
$250k For 6700 Sq.ft. Restaurant. Look! What A Deal!. Owner Motivated. Great Old Town Location.
Asking Price: $250,000
Location: 705 Gold Lake Drive, Folsom, California
Yearly Revenue: $360,000
Yearly Cash Flow: Contact for Info
Monthly Rent: 6900 inclusive
PRICE SLASHED ON THIS 6700 sq ft Fully Turn- Key Restaurant. Bring your fresh ideas and favorite foods and your can make the cuisine whatever you want it to be. Beautiful restaurant in upscale old gold town tourist area. Elegant bar with type 47 liquor license seats 18. Walk into a breathtakingly chic main dining room with built in fireplace, comfortable booths and a stunning window wall that seats 90+. Delightfully adjoined by beautiful RED BRICK built in, wood fired pizza oven, inviting outside patio with luscious flora, plenty of umbrellas and seating for 30. Only to be completed by a quaint covered patio on backside of Restaurant and Very large and elegant private dining room seating 40+just waiting for Company meetings, political get togethers, holiday parties and weddings. Don’t miss this $700K build out for your future successful restaurant dream. Seller’s loss is your gain. Kitchen is complete with 18’ long Type 1 Hood in main kitchen and additional 8’ Type 1 hood in prep kitchen. Separate prep kitchen, dish room, 2 offices, dry storage room, liquor room, Equipment to include 2 30” Chars grills,1 30” Flattop, 1Wolfe 2basket deep fryer, 2 Sunfire 6 burner/oven, 1 salamander, 1 microwave, 1 Hoshizaki 550lb ice machine, all S/S serving area and bus station, 40Qt Hobart mixer, 8’x12’ walk-in, 1 Artic air freezer and many more s/s tables, racks, equipment etc. This elegant place is a MUST SEE at 6700+sf, completely turnkey and for the low price of $299K. The lease alone is worth more than the asking price. This is one of the only restaurants in this area with an under market lease value of $1 per square foot including CAMS. Please fill out the NDA above to receive more information about this Stunning restaurant and to speak to the listing agent.
Organization: Corporation | Year Established: 2014 | Current Owner: 2015 | Employees: 6 | Square Footage: 6700+ | Parking: Parking lot and street | Licenses Required: Type 47, Health and Business | Days Open/Hours: B/L/D Tues-Sat, Sun Brunch/Dinner | Reason For Sale: Other Interests |
Yearly Revenues: $360,000 | Contact for InfoPayroll: $Contact for Info |
Monthly Rent: 6900 inclusive | Lease Expiration: June 30, 2018 | Yearly Adjustment: 600 | Lease Option: (3) 5 Year options |
Seller Reference #2671
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