Impressive Bar & Restaurant with Huge Patio

NOT DISCLOSED, California

Asking Price	$995,000	Year Established	2017
Annual Revenue	$3,450,000	Reason for Selling
Annual P/L		Attention	Steve Zimmerman
Annual Cash Flow		Listing Number	953380
# of Employees	55	Business Category	Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Impressive Bar & Restaurant with Huge Patio Renowned for Craft Beer & Cocktails Located in Sacramento Metro area

RRC#  4861

Location: Sacramento 

Description:

Serving Quality Beer, Wine & Cocktails, this Sacramento area Icon is for sale for the asking price of $1,450 million. There are 5,500 square feet Indoors and a 5,000 square feet of Patio with a superb lease extending to February 2027 and a further two, 3 (5 year) options to extend to 2057. The menu consists of a multitude of interesting Burgers, Flatbreads, Salads, Steaks and Sandwiches. The Atmosphere is Electric, with a bar seating for 25, Indoor dining for 100+ and patio dining for a further 100+ guests and a huge cocktails menu with its ABC Type 47 hard liquor license. Outdoor live music, games and ample seating makes for a real Indoor/Outdoor family Gem in the Sacramento Metro area. High curbside visibility & appeal with ample parking makes this opportunity one of the best Gastropubs for sale in years. Annual sales revenue of $3.5 million and recovering well from the pandemic era when sales were $4 million+. Good Books & Records and Verifiable Financials available, although a new owner can correct some of the historically high operational costs especially considering annual rent is only at 6% of sales but the business is profitable. Large fully equipped kitchen with Type 1 hood and a massive array of modern cooking equipment, refrigeration & workspace. This is a highly confidential listing so 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 the broker will request information from each interested party prior to sending the name and address of this business opportunity and any financial information, lease & the 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: $287,500 

Monthly Cash Flow: Contact For Info 

Annual Revenue: $3,450,000 

Annual Cash Flow: Contact For Info 

General Info:

Ownership: LLC 

Established: 2017

Employees:55  

Reason For Sale: Other Interests

Monthly Rent: $20,750 Inc CAM charges 

Expiration: 2027  plus  SIX x 5 year Options to Extend Lease

Facilities:

Square Feet: 5,500 + 5,000 Patio 

Seating:  225

Parking:  Ample

Licenses:  ABC Type 47, Health and Business Permits.

Days/Hours of Operation: Open Everyday for Lunch and Dinner, except Monday

Property Features and Assets:

<p>Facilities:<br></p><p>Square Feet: 5,500 + 5,000 Patio </p><p>Seating:  225</p><p>Parking:  Ample</p><p>Licenses:  ABC Type 47, Health and Business Permits.</p><p>Days/Hours of Operation: Open Everyday for Lunch and Dinner, except Monday </p>

Market Competition and Expansion:

<p>General Info:<br></p><p>Ownership: LLC </p><p>Established: 2017</p><p>Employees:55  </p><p>Reason For Sale: Other Interests</p><p>Monthly Rent: $20,750 Inc CAM charges </p><p>Expiration: 2027  plus  SIX x 5 year Options to Extend Lease</p>

Additional Details: