The price has been reduced to $240,000 for this busy restaurant business nestled in the center of a bustling tourist city in the heart of the Calaveras Wine District. The present owners have enjoyed their 20 years at this restaurant and have improved the kitchen and built a fabulous patio over the years but are now ready to retire. SBA has pre-approved for financing which would be available to well qualified buyers. The city is extremely popular all year around but especially busy from April - October as a tourist destination where wineries and the many events attract tens of thousands of Bay area folks. The kitchen is clean and modern with an 8 ft exhaust hood and fire suppression system, a Wolf 6 burner stove with oven, broiler, flattop, large deep fryer, a 2 door lowboy & 2 single door lowboys, large ice machine, walk-in cooler, blender, robot coupe, sinks, dishwasher and 4 prep tables. The dining room is equipped with 34 chair, 19 tables, 6 bar stools, 2 refrigerated beer kegs, wine cooler, beer cooler, 3 compartment sink and coffeemaker all encompased in a pleasant dining atmosphere. The covered patio has seating for 30 on 10 tables and 2 ceiling fans with portable propane heaters and colorful floral boxes lining the parimetor. Sale are $30,000+ per month which is achieved on a 5 day week and there is ample opportunity be open 6-7 days and grow the business especially during the peak summer months. This is lifestyle change and would suit a budding chef and family to enjoy this upscale rural area away from the crazy city traffic. Please complete the 'Non Disclosure Agreement' on our site and we will send you the name and address with the financial information, lease & the full list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.
General Info
- OrganizationContact For Info
- Established1997
- Current Owner1997
- Employees8
- Reason For SaleRetirement
Facilities
- Seating40 + Patio 30
- Square Feet3000 + covered Patio
- ParkingStreet
- LicensesBusiness, Health & ABC Type 41 Beer and Wine Licenses
- Open HoursFriday - Tuesday 11am - 9pm. Closed Wednesday & Thursday
Lease
- Rent$2,239
- ExpirationNew Lease Negotiable
- Yearly Increase3%
- OptionNew Lease Negotiable
- Deposit2500
Financials
- Monthly Revenue$28,000
- Monthly Cash Flow$7,500
- Annual Revenue$336,000.
- Annual Cash Flow$90,000
- 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.