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- RE: Newly Designed Restaurant & Bar In Santa Rosa
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
Asking Price: | $475,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2023 | |
Employees: | Not Disclosed | |
BBN Listing #: | 985708 | |
Broker Reference #: | 4957 |
Business Overview:
Stunning Newly Designed Restaurant & Bar For Sale in Lovely Downtown Santa Rosa! Valuable Liquor License and Premium FF&E Included
RRC# 4957
Location: 115 4th Street, Santa Rosa
Description:
This stunning restaurant with full bar was newly designed and built and completed in 2022 for roughly $1,300,000. The current owners opened an upscale concept and were on a fantastic sales trajectory. The owners ultimately encountered some unforeseen challenges that forced them to close the business in 2024 and fix some below ground plumbing issues, which have since been fully isolated and repaired, as to not impact a new owner or their operations. They opted to not reopen the business, and have put this absolutely stunning restaurant and bar on the market for sale.
An incoming restaurateur will benefit from the totally new upscale design and will not have the cost and headache of needing to remodel or upgrade this space. There is a Type 47 Full Liquor License worth ~$200,000 that is associated with this location and will transfer to the new owner. The owners also spared no expense on the FF&E within this space. The equipment includes, but is not limited to Mungaini Wood Stone Pizza Oven, 60qt Hobart Mixer, almost 20' of Type 1 Hoods, 2 Level Montegue Convection Oven, Vulcan Fryers & Flattops, a 36" Jade Griddle, stunning glass door wine fridge displays, ample refrigeration and freezers, Espresso Machine, Leather Banquets, Granite Tables, premium Sound System through the space and SO MUCH MORE! A full Equipment list can be shared upon request.
The space has a fantastic BOH, a dining room facing open pizza oven and food prep station, a classy long bar with cocktail tables and wine display fridges in a separate room apart from the main dining floor that seats ~99, and there is a mezzanine level with ~29 more seats, great for busy nights or private groups.
This central location is the center piece of the historic district of Downtown Santa Rosa. The building and ~4292sf restaurant and bar space was a hotel long ago and much of the existing brick work inside and out is from the early 1900's. The curb appeal is fantastic, and the interior design and two level flow captures modern elegance.
A new qualified tenant will be assigned the existing lease. The current term runs through February 2027 with two five year options to extend thereafter. The lease rate is currently just over $2.00/sf plus NNNs.
Save yourself the headache of trying to find the perfect location, then investing heavily into a remodel with your time, energy and cash; because the perfect location and turnkey opportunity is located at 115 4th St, Santa Rosa, in beautiful Sonoma county!
Reach out now to Andy@restaurantrealty.com
Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
General Info:
Ownership: LLC
Established: 2023
Employees: Contact For Info
Reason For Sale: Other Interests
Monthly Rent: ~$8,884.44 + NNNs
Expiration: 2/27/2027 plus 2 Five Year Options
Facilities:
Square Feet: 4,292
Seating: 99+/- Downstairs dining, 29+/- Upstairs Dining, and 24 Bar and Bar Area
Parking: Easy Street Parking
Licenses: Type 47 Liquor License, Health & Business
Days/Hours of Operation: Up To Tenant
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Property Features and Assets:
Facilities:
Square Feet: 4,292
Seating: 99+/- Downstairs dining, 29+/- Upstairs Dining, and 24 Bar and Bar Area
Parking: Easy Street Parking
Licenses: Type 47 Liquor License, Health & Business
Days/Hours of Operation: Up To Tenant
Market Competition and Expansion:
General Info:
Ownership: LLC
Established: 2023
Employees: Contact For Info
Reason For Sale: Other Interests
Monthly Rent: ~$8,884.44 + NNNs
Expiration: 2/27/2027 plus 2 Five Year Options
Reason for Selling:
Other InterestsAdditional Details:
- The property is Leased.
- 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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