3,600 sq ft Placer County Restaurant & Bar - 1,200 sq ft Patio

, California 5 views 0 favorites

Financial Highlights
Asking Price
$385,000
Revenue
$1,173,398
Business Description

3,600 sq ft Placer County Restaurant & Bar - 1,200 sq ft Patio - Located at Major Crossroads RRC#: 4189 Asking Price: $385,000 Location: Placer County Annual Revenue: $1,173,398 Annual Cash Flow: $70,374 Monthly Rent: $8,600 + NNN Expiration: 2027 plus 5 year Lease Option Listing Description: Established 2017 Restaurant & Bar in major Placer County City with 3,600 sq ft indoors and 1,200 sq ft outdoor patio. Quality American food served along with local, favorite craft beers and a selection of excellent wines. A great reputation has been built up by the current owners over the past 5 years achieving revenues of $1.2million on short hours of 3pm – 9pm Tuesday – Saturday. There is such an opportunity to open for Lunch, 7 days a week and weekend Brunch. Professional, friendly employees serve up inspiring fresh comfort food with a twist. See some recent ‘Yelp’ comments: “I would tell you all of what I have eaten and how well it tasted, but I don't think it matters because whatever you order here, you will enjoy!” and “The scallops, cheeseboard, artichoke dip... all things you must try.” Located in a modern Boutique strip mall at a busy two 6 lane crossroad with easy access and ample parking. Initial 10-year lease signed with a 5yr option to renew and current monthly rent $8,600. A loaded kitchen “on show” to the dining room and a rear prep kitchen with an office. 12 ft Type 1 hood supplying both the back and front kitchens with fire suppression system, large walk-in fridge and walk-in freezer, two 6 burner stoves, two double deep fryers, large broiler with many refrigerated worktops, convection ovens and further prep stoves and s/s worktops. To receive more information and discuss this opportunity with the broker 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. General Information: Organization: LLC Year Established: 2002 Employees: 20 Reason For Sale: Other Interests Financial Information: Monthly Revenue: $97,783 Monthly Cash Flow: $5,864 Annual Revenue: $1,173,398 Annual Cash Flow: $70,374 Annual Payroll: $364,340 Facilities: Square Feet: 3,600 + 1,200 Patio Seating: 100 Parking: Large Parking Lot Days/Hours of Operation: 3pm - 9pm Tuesday - Saturday Location: Placer County, California Year Established: 2002 Number of Employees: 20 Real Estate: Leased Building Sq. Ft.: 3,600 Rent: $8,600.00 Per Month Facilities: Square Feet: 3,600 + 1,200 Patio Seating: 100 Parking: Large Parking Lot

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 22, 2022

Updated: 7 hours ago

Views: 5

Favorites: 0