$350,000 in annual sales and growing. The City of Stockton, just 30 minutes south from Sacramento has a population of around 300,000. This 3,600 sq ft bar and restaurant has been established at this location since 2005 and has a type 47 hard liquor license and a 150 seating capacity. Monthly rent is low at only $1.50 per square foot including NNN. The kitchen is modern and nicely equipped with a 10 ft type 1 hood with fire suppression system, a double basket deep fryer, broiler, 12 burner stove with 2 ovens, Flattop with oven, 2 door refrigerated work tops, 3 compartment steam table, dish wash machine, large walk-in and ample s/s prep tables. The server has a glass door double upright refrigerator, coffee and ice machines, ALL equipment is owned, NO Leases. The dining room has tables and chairs seating 90 and a separate full bar with it's gorgeous wooden bar and back bar with 12 bar stools and further seating for 45 plus a band and dance floor area. All the equipment is in excellent condition and is a 'turn key' opportunity. This restaurant shows well and would be good for many styles and concepts. Come and take a look as this opportunity which could be yours for the low price of $125000 fully inclusive of all equipment, goodwill and hard liquor license. To receive full details of this business opportunity please complete the Confidential Agreement‰ request and we'll send you the lease, photo‰'s, list of equipment & financial information. We will also send you the agent‰'s contact information so you can discuss in further detail.

General Info

  • OrganizationContact For Info
  • Established2005
  • Current Owner2016
  • Employees6
  • Reason For SaleOther Interests

Facilities

  • Seating150
  • Square Feet3640
  • Parking30+
  • LicensesHealth, Business & ABC Type 47 License
  • Open Hours11am - 11pm Daily

Lease

  • Rent5442 Inclusive
  • Expiration2019
  • Yearly IncreaseContact For Info
  • OptionTwo 5 year Options
  • Deposit$5000

Financials

  • Monthly Revenue$20,000
  • Monthly Cash FlowContact For Info
  • Annual Revenue$350,000
  • 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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