This restaurant has been around for many years and is an established institution in Marin and has consistently had strong sales and profits for many years. It has limited hours so there is upside to add an additional meal and extend the hours. The business has been qualified with SBA which means with 25% down or $175,000, the balance could be financed by an SBA loan for a qualified buyer. The restaurant has an open airy feeling with lots of windows, high ceilings, a display kitchen and a comfortable dining room including tables and chairs and banquette seats. Some of the equipment includes as follows: 2 - type 1 hoods with fire suppression systems, a type 2 hood, 2 full door refrigerator, 2 rotary toasters, full door refrigerator, robot coupe, 3- 6 burner units (1 over oven & 1 with flat grill), ice machine, 2 - 2 compartment sinks, 3 hand sinks, dishwasher, dishwasher sink + rinse hose, slicer, walk-in refrigerator, mop sink, 2 sets of under counter refrigerator drawers with sandwich stations on top, 3 - 4' flat grills, double basket fryer, 3 -2 door under counter refrigerators (1 with sandwich station & 1 with 3 taps), 3' char grill, 3 soup warmers, POS system, beer box, 2 group espresso machine, utility sink, full door freezer, convection oven, 3 full door refrigerator, floor model mixer and microwave, etc. There are also 2 ADA bathrooms, an office area and storage areas. There will be a new long term lease negotiated with the monthly rent being approx $12,000 month all inclusive. NO BROKER COOP.

General Info

  • OrganizationContact For Info
  • EstablishedContact For Info
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating135 approx including patio
  • Square Feet3,000 approx + patio
  • ParkingParking lot
  • LicensesBusiness, ABC Type 41 (beer & wine)
  • Open Hours7 days / Limited hours

Lease

  • Rent$12,000 all inclusive
  • Expiration10 years
  • Yearly IncreaseNegotiable
  • OptionNegotiable
  • DepositContact For Info

Financials

  • Monthly Revenue168395
  • Monthly Cash Flow$19,562
  • Annual Revenue$2,020,740
  • Annual Cash Flow$234,744
  • PayrollContact For Info

Financing

  • 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.

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