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Asking Price$695,000
Revenue$2,020,740 EstablishedUndisclosed
Cash Flow$234,744 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Established Limited Hour Life Style Restaurant - $2 Million Sales, $234,000 Profit Sba Financing

RRC#: 2676
Asking Price: $695,000
Location: Busy Thoroughfare, Marin County, California
Yearly Revenue: $2,020,740
Yearly Cash Flow: $234,744
Monthly Rent: 12,000 all inclusive

LISTING DESCRIPTION:
This restaurant has been around for many years and is an established institution in Marin and has consistently had strong sales and profits for many years. It has limited hours so there is upside to add an additional meal and extend the hours. The business has been qualified with SBA which means with 25% down or $175,000, the balance could be financed by an SBA loan for a qualified buyer. The restaurant has an open airy feeling with lots of windows, high ceilings, a display kitchen and a comfortable dining room including tables and chairs and banquette seats. Some of the equipment includes as follows: 2 - type 1 hoods with fire suppression systems, a type 2 hood, 2 full door refrigerator, 2 rotary toasters, full door refrigerator, robot coupe, 3- 6 burner units (1 over oven & 1 with flat grill), ice machine, 2 - 2 compartment sinks, 3 hand sinks, dishwasher, dishwasher sink + rinse hose, slicer, walk-in refrigerator, mop sink, 2 sets of under counter refrigerator drawers with sandwich stations on top, 3 - 4'' flat grills, double basket fryer, 3 -2 door under counter refrigerators (1 with sandwich station & 1 with 3 taps), 3'' char grill, 3 soup warmers, POS system, beer box, 2 group espresso machine, utility sink, full door freezer, convection oven, 3 full door refrigerator, floor model mixer and microwave, etc. There are also 2 ADA bathrooms, an office area and storage areas. NO BROKER COOP

GENERAL INFORMATION:
Organization: Corporation | Seating: 135 approx including patio | Square Footage: 3,000 approx + patio | Parking: Parking lot | Licenses Required: Business, ABC Type 41 (beer & wine) | Days Open/Hours: 7 days / Limited hours | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $2,020,740 | Yearly Cash Flow: $234,744 |

LEASE INFORMATION:
Monthly Rent: 12,000 all inclusive | Lease Expiration: 10 years | Yearly Adjustment: Negotiable | Lease Option: Negotiable |
Ad #91929
Seller Reference #2676
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
415-945-9701
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