The price of Just $99k has just been reduced for this restaurant which is currently a Mexican style but could be any kind of restaurant and bar and it includes a high value Yolo County ABC Type 47 Hard Liquor License (Selling on their own now for almost $40k) and a full size kitchen. The seller may even carry a portion of the sale to well qualified buyers. The rent is only $4,000 per month iINCLUDING NNN for 5,300 sq ft, that's only $0.75 cents per sq ft. Try finding that low of a rent anywhere! With Annual Sales of around $500,000, this highly visible corner location is absolutely turn-key. The owner is totally absentee from this business which would really benefit and grow by a 'Hands On' operator. Kitchen equipment includes a 20ft type 1 extraction hood with fire suppressant system, large walk in cold-room, 2 flat tops, 6 burner, deep fryers, 2 Alto-Sham ovens, large mixer, 3 door stand up fridge, 2 reach-in refrigerated work tops, 600lb ice machine, ample s/s worktops. The dining room boasts, 150 seats, plus a private dining room, bar area, new Squirrel POS system, security cameras, and full ADA compliant restrooms. There is also 500 sq ft of basement for office and storage. All equipment is in excellent working condition and the dining room and location are stunning. This is truly a superb opportunity! Complete the 'Confidential Information' request at the top of this page and we'll send you the name and address of this restaurant plus the financials & lease documents with the broker contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationContact For Info
  • Established2000
  • Current Owner2014
  • Employees12
  • Reason For SaleOther Interests

Facilities

  • Seating150
  • Square Feet5300
  • ParkingStreet and Parking Lot
  • LicensesContact For Info
  • Open Hours11.00am - 9.00pm Daily

Lease

  • Rent$4,000
  • Expiration2019
  • Yearly IncreaseContact For Info
  • Option2 five year options
  • Deposit$4,000

Financials

  • Monthly Revenue$42,000
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact 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.

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