Popular Restaurant & Wine Bar
Location California,United States
Asking Price Range < $250K
Gross Revenues $250000
Net Profit / Cash Flow $118992
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Description Popular Restaurant & Wine Bar With $119,000 Profit - Dinner Only
RRC#: 1769
Asking Price: $250,000
Location: In Desirable Town, Marin County, California
Yearly Revenue: $714,000
Yearly Cash Flow: $118,992
Monthly Rent: $4,547
LISTING DESCRIPTION:
A popular profitable restaurant located on a major street in a desirable location. There are two dining rooms, a wine bar and full kitchen. There are tile floors, attractive wall finishes, glass frontage and the restaurant has a warm friendly atmosphere. Some of the equipment includes as follows: wood burning pizza oven, 7' type 1 hood with fire suppression system, 9 employee lockers, ice machine, full door freezer, cheese grater, slicer, counter top mixer, 3 - full door glass refrigerators, utility sink, 2 compartment ice cream freezer, 3 compartment sink + rinse hose, mop sink, 3 hand sinks, 2 - 2 door under counter refrigerators (1 with sandwich station), POS system with 2 monitors + 3 printers, 3 door under counter refrigerator, 2 group espresso machine, coffee grinder, utility sink and 2 - 6 burner ranges with ovens underneath, etc. There is an ADA restroom and employee restroom. There is upside for an additional day of business and lunch business daily as the restaurant is open for dinner only.
GENERAL INFORMATION:
Organization: Sole Proprietorship | Seating: 60 + 6 at bar | Square Footage: 2,000 approx | Parking: Street and parking lot | Licenses Required: Business, ABC Type 41 (beer & wine) | Days Open/Hours: 6 / T-Th,S 5:30p-9p F,SA 5:30p-10p | Reason For Sale: Other interests |
FINANCIAL INFORMATION:
Yearly Revenues: $714,000 | Yearly Cash Flow: $118,992 |
LEASE INFORMATION:
Monthly Rent: $4,547 | Lease Expiration: 5/31/13 | Yearly Adjustment: CPI | Lease Option: 5 years |
FINANCING INFORMATION:
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