SBA Pre Approved -Established Restaurant & Bar

Business Overview:

SBA Pre Approved -Established Restaurant & Bar + Outdoor seating; $4 Million Sales, $300,000 Profit + Real Estate in Prime Downtown Location

RRC#  4875

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 is an exceptional opportunity to purchase the business with the building.  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.

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

Additional Details:

Documents:

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