* Included in Asking Price
Lilys Mt. Shasta- Renowned Restaurant, Catering & Real Estate- $130k Profit- Full Liquor Lic.
Asking Price: $585,000
Location: 1013 S Mt Shasta Blvd, Mt Shasta, California
Yearly Revenue: $864,000
Yearly Cash Flow: $129,000
Monthly Rent: NA
Ask anyone about Mt. Shasta, and Lilys will surely be mentioned. This is and has been Northern California’s premier destination restaurant and catering operation since the owners opened in 1996. This sale is for the business and the real estate, with the name, menu, recipes, ABC 47 liquor license, all trade fixtures, extensive catering equipment and delivery van all included. This iconic business is ideally situated in a corner location, with a constant flow of pedestrian and motorist traffic from locals and tourists, and the area is a recreation Mecca for camping, skiing, fly fishing, backpacking, rafting and mountain climbing. The restaurant and property are approximately 2,333 sq. ft. and 9,200 sq. ft. respectively. This cozy and inviting restaurant has a beautiful front garden and an outdoor patio with table seating for approximately 20-25 guests. Once inside, before entering the light and cheerful main dining room, guests are greeted in the foyer with customer waiting area and front host counter with credit card and POS terminals. The delightful room is highlighted by a high vaulted ceiling, with stunning wood and exposed beams, wrap around pane glass windows, with guests seated at ten 4-tops and six 2-top tables. Just off the main dining room is a staff area with coffee, juice, and beverage service, plus glassware and condiment storage. There’s a small bar area between the foyer leading to the outdoor patio, and another separate dining room with seating for 25-30 looking out to the garden, also used for private parties and meetings. Going into the large and fully equipped kitchen is another server area with POS terminal, wine chillers. The kitchen entrance has stainless table and double top shelves for order expediting and pick up, 2-door salad prep fridge, steam table , buns warmer, toaster and wire shelving. Entrance to kitchen on the left has a large 3-compartment sink, grease trap and leased dishwasher, with the main line kitchen equipped with a large 17’ type one hood, a 10-burner range with 2- ovens, a 6-burner range with oven, 4’ flat top griddle, a char grill, gas salamander and a double fryer. Between the cooking line and expediting shelving is a microwave oven, 2-drawer and single door salad top units, and a 2-drawer under counter fridge. The kitchen’s opposite end has a12’ x 7’ walk- in cooler with wire rack shelf units, 4-drawer salad prep fridge, a slicer, 2- compartment prep sink, stainless work tables, a Robot Coupe, food scales and stainless wall shelving. Off the back of the dining room under a huge oak tree is private deck seating up to 12 customers, a wheelchair lift, and stairs leading to the private parking area with 8-customer spaces, one dedicated as ADA, plus additional room for five employee vehicles. Located outside is a separate food storage building with mechanical room, equipped with another walk-in cooler and freezer unit, a single door freezer, an Also Sham, a smoker, and more wire rack shelving units. A dry and secure basement under the kitchen has a locking liquor & wine room, shelving and additional dry goods storage, cryovac machine for packaging meats, plus a washer and dryer for restaurant hands towels, aprons, etc. The entire premises and equipment are well maintained. In 2014 the business closed for a short time preriod to undergo a complete and thorough remodel, upgrading much of the equipment and infrastructure. The restaurant is wheelchair accessible and includes 2- ADA restrooms. The owners do a significant amount of off site catering, including large groups and venues, which requires a separate storage area for the very extensive inventory of catering equipment of chafers, china, utensils, linens, table service and glasswares. Buyers looking for an established going concern have a rare opportunity to purchase and continue the legacy of this profitable and well established business with the real estate. Conversely, buyers with an alternate concept and business plan may also find this opportunity is well suited to a menu focused and designed around the full liquor license, serving craft brews with a hip beer garden theme.
Organization: Corporation | Year Established: 1991 | Current Owner: 1996 | Seating: 110 approx. | Square Footage: 2,223 + two patios | Parking: Street, private parking lot | Licenses Required: Business, Health, ABC Type 47 Liq. | Days Open/Hours: Daily 8a-9p | Reason For Sale: Retirement |
Yearly Revenues: $864,000 | Yearly Cash Flow: $129,000 |
Monthly Rent: NA | Lease Expiration: NA | Yearly Adjustment: NA | Lease Option: NA | Security Deposit: NA |
Seller Reference #2580
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.