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- RE: Premier Bar & Restaurant With Real Estate
- Contact: Steve Zimmerman
- License #: 1310250
Quick Facts
Asking Price: | $1,395,000 | |
Annual Revenue: | $1,160,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $150,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 12 | |
BBN Listing #: | 953083 | |
Broker Reference #: | 4857 |
Business Overview:
Premier Bar & Restaurant with Real Estate – Large Outdoor Patio – Historical City, Tuolumne County
RRC# 4857
Location: Tuolumne County
Description:
A long term 25-year SBA loan has been pre-approved for this 2,400 square feet building with a 3,000 square feet rear patio with its own bar, games area and ample seating & storage. Owners have completely renovated this circa 1893 historic building with a large dose of character, style and comfort using only quality materials. Most of the original features remain and have been upgraded to keep the authenticity and architecture of this historic town. Serving upscale food, craft beers and quality wines in a casual atmosphere while generating almost $1 million in annual revenue by being open only 4 days, Thursday–Sunday. There is so much opportunity to grow this already outstanding bar & restaurant. The modern kitchen is complete with a 20ft Type 1 hood with fire suppression system, chargrill, flattop, 6 burner stove with oven, 2 deep fat fryers, dual convection oven and proofer. Two 3 door & one 2 door refrigerated worktops, large walk-in fridge, two 2 door upright freezers, large ice machine plus ample stainless-steel work tables. Lots of kitchen toys including robot coupe, panini press, meat slicer, espresso coffee machine & a large emulsion blender. The front of house has a handheld POS system, 2 terminals, 4 printers and a quality sound system throughout. 9 bar stools and a dining room seating for 75 and a private dining room all surrounded with brick walls & wooden floors. 2 fully equipped ADA bathrooms complete the front customer space. The outdoor patio has its own fully fitted bar and a second walk-in and loads of storage with seating for 50, outdoor games area and string lighting plus a commercial Yoda smoker. After the recent power outage summer season, the owners installed 2 large electric generators in 2019 which are capable of powering the whole building’s electrical needs, so the business can be self-sufficient and continue without interruption. This is a wonderful opportunity for an experienced husband and wife team (perhaps from a major city) to enjoy the beautiful countryside and immediate perks of being your own boss. To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long term SBA loan solution please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity with real estate along with full financial information & a full list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
Financial Information:
Monthly Revenue: $96,666
Monthly Cash Flow: $12,500
Annual Revenue: $1,160,000
Annual Cash Flow: $150,000
General Info:
Ownership: Inc
Established: 2000
Employees: 16
Reason For Sale: Other Interests
Monthly Rent: Real Estate Included
Facilities:
Square Feet: 2,400 + 3,000 Rear Patio
Seating: 84 Inside 50 Patio
Parking: Parking Lot & Street
Licenses: Business, Health & ABC Type 41 Beer and Wine
Days/Hours of Operation: Weds - Sunday 11.00am - 8.00pm. Closed Monday & Tuesday
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Property Features and Assets:
Facilities:
Square Feet: 2,400 + 3,000 Rear Patio
Seating: 84 Inside 50 Patio
Parking: Parking Lot & Street
Licenses: Business, Health & ABC Type 41 Beer and Wine
Days/Hours of Operation: Weds - Sunday 11.00am - 8.00pm. Closed Monday & Tuesday
Market Competition and Expansion:
General Info:
Ownership: Inc
Established: 2000
Employees: 16
Reason For Sale: Other Interests
Monthly Rent: Real Estate Included
Reason for Selling:
Other InterestsAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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