This is a very well-established, cozy multi-faceted restaurant with quaint, old-world ambiance. It is located in a high-traffic area in Monterey County, and is a favorite of both locals and tourists. Currently open for lunch and dinner and there is upside for additional hours. The kitchen could be used to build a catering business and increase sales significantly without interfering with cooking for restaurant guests due to its unique location. Fully equipped kitchen includes, several under-counter refrigerators, reach in refrigerators, 6' type one hood, 2 four burner stove with oven, walk-in refrigerator, 2 walk-in freezers, prep area, wine storage, convection oven, 2 Hobart mixers, proofer, ice machine and dish sink and dishwasher. There are also two restrooms. Both the floor in the kitchen and dining room are 1 year old.

General Info

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

Facilities

  • Seating48 Indoor Seating
  • Square Feet1200 sqft
  • ParkingStreet
  • LicensesBeer and Wine, Business
  • Open HoursDaily

Lease

  • Rent$3,347
  • ExpirationJuly 2021
  • Yearly IncreaseFixed Increases
  • Option5 year Option
  • DepositContact For Info

Financials

  • Monthly Revenue$73,900
  • Monthly Cash Flow$12,500
  • Annual Revenue$886,535
  • Annual Cash Flow$ 150,600
  • 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.

Location