Only $63,500 for this fully fitted restaurant and bar with it's nice exposed brick and high ceilings and historic Lodi atmosphere. A Mexican or Pizza restaurant would work well here as both styles of restaurant have worked well at this location in the past. West Pine is a major crossroads just off the main Lodi shopping and town center. There is a highly valuable Type 47 hard liquor license (Hours to 10pm only) included with the sale together with all the equipment, Extremely low rent of only 0.83 cents per sq ft makes this business opportunity an attractive proposition. The owner may also carry a small amount of the asking price to well qualified buyers. A 60 seat dining room with an additional private dining room, outdoor patio, fully fitted open show kitchen and a bonus, 1200 sq ft basement storage area. The Kitchen includes: 12 ft type 1 hood with fire suppressant system, 5 ft type 2 oven hood, 6' x 6' walk in, upright freezer, chest freezer, char-broiler, double deep fryer, 4' flattop/griddle, fridge lowboy, 3 comp sink, meat slicer, food mixer and ample prep tables. The Dining room and Bar includes: 6' beer cooler, 5' keg cooler with 4 beer taps, Ice machine, ice bin, soda dispenser and liquor shelves. 60 chairs, tables and nice decor make up the front main area. Complete the 'Confidential Information' request at the top of this page and we will send you a list of equipment & new lease included with the sale. We will also send you the broker contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationContact For Info
  • Established1990
  • Current Owner2013
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating60
  • Square Feet2987 + Front & Rear Patio
  • ParkingStreet
  • LicensesHealth, Business and ABC Type 47 License
  • Open HoursContact for Info

Lease

  • Rent$2,472
  • Expiration2021
  • Yearly IncreaseContact For Info
  • OptionThree 5 year Options
  • Deposit2500

Financials

  • Monthly RevenueContact for Info
  • Monthly Cash FlowContact for Info
  • Annual RevenueContact for Info
  • Annual Cash FlowContact for Info
  • Payroll$Contact 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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