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- RE: SBA Pre-Approved -Established Restaurant & Bar
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
Asking Price: | $595,000 | |
Annual Revenue: | $4,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $300,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 954386 | |
Broker Reference #: | 4874 |
Business Overview:
SBA Pre-Approved -Established Restaurant & Bar + Outdoor seating; $4 Million Sales, $300,000 Profit in Prime Downtown Location
RRC# 4874
Location: Prime Contra Costa City
Description:
This business has been in business for over 20 years and is located in an area that has grown dramatically the past 20+ years. This location is one of the strongest locations in this fast growing area. This project has been pre-approved for an SBA Loan so this opportunity can be purchased with as little as 15% cash down. The restaurant has an open airy feeling as there are large glass windows around the perimeter. There are two dining rooms with a combination of tables and chairs, banquette seating and booth seating, an outdoor seating area, a separate bar area, a full kitchen, prep kitchen, dishwashing area, storage area, office area, 2 ADA restrooms and parking area. Some of the equipment includes as follows: 12' type 1 hood with fire suppression system, 3' chargrill, 6 burners over oven, 3' flat grill + 2 burners over oven, 3-2 door under counter refrigerators (1 with sandwich station), utility sink, 2 compartment sink, 2 double basket fryers, 8 drawer under counter refrigerator + sandwich station, 3 hand sinks, 3' flat grill, microwave, walk-in refrigerator, counter mixer,2 drawer bread warmer, automatic espresso machine, 2 ice bins, 3 compartment sink + rinse hose, 3 full door refrigerator, mop sink, cold food holding unit, slicer, ice storage area with cold top, 2 ice makers, 2 -3 glass door under counter refrigerators, red wine refrigerator, POS system, 6 Beer taps with glycol system, 2- 2 full door refrigerators, 2 -2 full door freezers, and employee lockers, etc. Although the existing concept is profitable, a new concept with some remodeling and the right operator could potentially result in doubling the sales and profitability of this outstanding location. The sellers also own the building so the building can be purchased too if desired - see RRC listing #4875
Financial Information:
Monthly Revenue: $333,000
Monthly Cash Flow: $25,000
Annual Revenue: $4,000,000
Annual Cash Flow: $300,000
General Info:
Ownership: Corporation
Established: Contact for Info
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: $16,000 + NNN
Expiration: Negotiable
Facilities:
Square Feet: 4,000 building; 7,200 lot
Seating: 100+ including the outdoor seating area
Parking: Street and parking lots
Licenses: Business, ABC Type 47 (full liquor)
Days/Hours of Operation: 6 / lunch & dinner
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Property Features and Assets:
Facilities:
Square Feet: 4,000 building; 7,200 lot
Seating: 100+ including the outdoor seating area
Parking: Street and parking lots
Licenses: Business, ABC Type 47 (full liquor)
Days/Hours of Operation: 6 / lunch & dinner
Market Competition and Expansion:
General Info:
Ownership: Corporation
Established: Contact for Info
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: $16,000 + NNN
Expiration: Negotiable
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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