Food & Beverage Operation For Sale
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $1100400
Net Profit / Cash Flow $225000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1991
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description This is a unique opportunity to purchase the food and beverage facilities with a long term lease at a well known golf course in Contra Costa County. The facilities overlook rolling hills and have breathtaking views and consist of a bar and cocktail lounge, restaurant with its own dance floor, snack bar, large outdoor seating area and banquet rooms accommodating as few as 30 guests to as many as 250 guests. There is also a mission style clubhouse and picturesque wedding site. A large percentage of the sales are generated from banquet sales which are very profitable. There is upside to convert the restaurant to a sports bar or other themed destination bound restaurant. Some of the equipment includes as follows: 20' and 11' type 1 hoods with fire suppression systems, 3 ice machines, warming oven for plates, 2 full door refrigerator, 4 and 7 compartment steam tables, 4 - 6 burner (24 burners total) tops over 4 ovens, 2 - 3' flat grills over ovens, 2 -3' char grills, 2 refrigerator drawers, 2 - 3 door under counter refrigerators (1 with sandwich station), convection oven, counter mixer, steamer, 3 utility sinks, 3 hand sinks, 2 dishwashers, 3 - 2 compartment sinks, 2 single sinks + rinse hoses, slicer, 2 walk in refrigerators, 2 walk in freezers, double basket fryer, 3 -2 door under counter refrigerators (1 with sandwich station), 2 - 3 compartment sinks, 2 cash registers, full door glass refrigerator, 1 door under counter refrigerator, ice bin, 6 taps, hot dog warmer, 2 door under counter refrigerator, 7' beer box and 4 flat screen TV's (2 large and 2 smaller), etc. There are also restrooms, offices, a brides changing room and several storage areas. The unique feature on the premises lease is that there is no minimum rent so the rent never exceeds 6% of net sales (sales after sales tax). Yearly sales are $1.1 million including service charges. Contact for more information on this food and beverage business for sale.
Click Here To Contact Seller
|
|