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German Cuisine Restaurant - Rare Opportunity
Location California,United States
Asking Price Range < $250K
Gross Revenues $190000
Net Profit / Cash Flow $50000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1980
Number of Employees 1 - 3
Inventory pending
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Negotiable.
Reason for Sale Retirement.
Description Authentic German cuisine located in historic San Juan Bautista, CA. This is one of the ''Mission Cities'' of the old El Camino Real in California. (san-juan-bautista.ca.us). The town features the mission, museum, antique stores and fine dining. The City does not allow national franchised food restaurants. Joan & Peters Restaurant is located on the main thoroughfare and has been serving the locals and tourists for more than 20 years. It is a local favorite!
The corner location of the restaurant is more than 3,000 s.f. and seating for more than 50, plus it has a very large courtyard for outdoor cooking and seating for banquets, weddings, Oktoberfest and more. The kitchen features a walk-in freezer, two new stoves and more. Of course, wine and a variety of beers are offered on tap and in the bottle. Joan & Peter's German Restaurant merged with the Donkey Deli years ago. Most of the locals fondly refer and know the Restaurant by it former name. Its location also offers full advantage of the many street fairs and events sponsored by the City of San Juan. The location and layout is excellent for many types of restaurants themes including pizza, BBQ, deli or .... The low rent lease is exceptional and runs through 2010. Just Listed 11/12/05. Price: $125,000. Owners Retiring. Contact the agent for photos and more information on this German Cuisine Restaurant business for sale.
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