Due to the sudden passing of the Husband/Chef, the seller has decided to close this beautifully appointed Bar and Restaurant on Anderson, near Redding California. The price for this newly built Restaurant with Real Estate has been reduced to only $225,000 for a quick sale! The Land and Buildings alone have a tax assessor's valuation of $235,000, so at the total asking price of just $225,000, you are buying the business for less than NOTHING. What an great opportunity to own this beautifully appointed, turn key restaurant, which includes the REAL ESTATE and zoned for both residential and commercial use, located just off I-5, 10 miles south of Redding, Northern CA. Total Lot size 12,500 sq ft. Restaurant 3,000 sq ft, rear Patio Garden 4,000 sq ft (which could be future outdoor patio dining or you could build a residence), parking 5,000 sq ft, front Patio 500 sq ft. A long term (10-20 years) SBA Bank loan is available or the seller may even carry a large portion of the sale to well qualified buyers. Unfortunately due to the owners husband passing recently, the owner now has had to reluctantly sell her restaurant business. Built with love and so much detail in 2011, the owners have tirelessly made this business a success. Monthly sales were over $20,000 while only being open for 3 days per week is witness to how a new owner would benefit by opening every daily. The restaurants enviable reputation attracts diners from the surrounding cities of Redding and Red Bluff as well as locals to enjoy this quality Bistro style restaurant. The business includes a valuable ABC type 47 hard alcohol license (one recently sold nearby in Shasta County for $70,000), so you can see what a great value this restaurant is to purchase. The Kitchen includes the following: 8 burner range with double oven, double fryer, char-broiler, 10ft hood, fire suppressant system, 6-8 fridges and freezers, large commercial slicer and ample s/s work surface. The Dining Room: Deli display case, granite counter bar, 3 booths seating 6 at each and a further 40 seats at various tables. ADA certified restrooms. Outside: large 4000 sq ft yard, all privately fenced in and begging to be converted to patio dining, insulated shed with storage and 2 freezers, plus ample restaurant kitchen area. The Building is fully air conditioned and all the Kitchen, Dining room & HVAC equipment is only 3 years old!
Offered at only $225,000 including the Real Estate allows the operator to truly invest in their future by being the landlord and restaurant entrepreneur, all in one! Don't delay and call the Broker.
- OrganizationContact For Info
- Current Owner2011
- EmployeesContact Broker
- Reason For SaleDeath in the Family
- Square Feet3000 approx + large Patio and storage
- Parking20 + Street Parking.
- LicensesHealth, Business and ABC Type 47 License
- Open HoursThursday from 4pm - 9pm Friday - Saturday from 11am - 9pm
- RentReal Estate Included
- ExpirationReal Estate Included
- Yearly IncreaseReal Estate Included
- OptionReal Estate Included
- DepositContact For Info
- Monthly RevenueContact Broker
- Monthly Cash FlowContact Broker
- Annual RevenueContact Broker
- Annual Cash FlowContact Broker
- PayrollContact For Info
- Down PaymentContact For Info
- Note BalanceContact For Info
- Terms of NoteContact For Info
- All CashContact For Info
DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.