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- RE: 4,415 Square Feet Free Standing Real Estate In Tuolumne
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
Asking Price: | $1,750,000 | |
Annual Revenue: | $1,200,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1947 | |
Employees: | Not Disclosed | |
BBN Listing #: | 982820 | |
Broker Reference #: | 4923 |
Business Overview:
4,415 Square Feet Free Standing Real Estate in Tuolumne County – Bar & Restaurant Business with ABC Type 47
RRC# 4923
Location: Tuolumne County
Description:
This family-owned Restaurant & Bar located in Tuolumne County is the Jewel of this locals and seasonal tourist area. 2 hours from Sacramento, 3 hours from the San Francisco & just 1 hour from the central valley. The building was completed in 1947 and has multiple dining rooms which lends itself well for private parties. The main dining room seats 50 with its cozy fireplace and in 1991 a new dining area on the west end of the building was completed and has seating a further 50. The bar and restaurant became the social and business center of the town. Front and side patios seating a further 60 makes an opportunity for real flexibility to capitalize on the seasonality. Total Real Estate of 4,415 square feet is for sale which includes the assets of the business, sitting on a 12,500 square feet lot with ample parking.
Over $1 million in annual sales revenue with a valuable ABC type 47 license (currently selling for $145,000). The 25 ft bar seats 16 with a further 16 at high tops which is the locals meeting place of choice. The charming dining room is preserved in history with wood adorning the walls with a central fireplace. The kitchen is split between the well-equipped cooks line on the restaurant floor and the separate prep kitchen and walk in cold room, freezers & storage in the basement. This would suit a Chef & Partner team looking to enjoy a more rural outdoor life in this scenic beautiful spot of California.
The combined real estate & restaurant/bar is listed for sale at $1.750 million. SBA finance could be available to well qualified Buyers with good financials.
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 along with full financial information, lease & comprehensive 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: $100,000
Monthly Cash Flow: Contact for Info
Annual Revenue: $1,200,000
Annual Cash Flow: Contact for Info
General Info:
Ownership: Partnership
Established: 1947
Employees: Contact for Info
Reason For Sale: Retirement
Monthly Rent: Real Estate Included
Facilities:
Square Feet: 4,415
Seating: 160+
Parking:Ample
Licenses: ABC Type 47, Business & Health Permit
Days/Hours of Operation: Daily 11.00am - 11.00pm Closed Monday & Tuesday
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Property Features and Assets:
Facilities:
Square Feet: 4,415
Seating: 160+
Parking:Ample
Licenses: ABC Type 47, Business & Health Permit
Days/Hours of Operation: Daily 11.00am - 11.00pm Closed Monday & Tuesday
Market Competition and Expansion:
General Info:
Ownership: Partnership
Established: 1947
Employees: Contact for Info
Reason For Sale: Retirement
Monthly Rent: Real Estate Included
Reason for Selling:
RetirementAdditional 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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