Location Location Location! Historic Restaurant and Bar located in Gold Country City with easy off/on access to a major Interstate highway. This business has not changed ownership for 25 years and has been in the same ownership since 1993. With so much charm & character this Restaurant and Bar is crying out for an experienced couple, family or chef/manager to enjoy the current successes and past history while taking this business onto new heights. The owners are now ready to retire and wish to pass their truly beautiful restaurant onto experienced operators. The outside has lovely colorful flowers and greenery adorning the patio while inside there are brick walls, central fireplace separating the bar from the dining room and high ceilings throughout. The patio greets the guests in the front as they entrance into the comfortable bar area where there is an open kitchen with an 12ft type 1 hood, fire suppression system, 10 burner stove with oven and 42" wood burning broiler with ample work surface. Refrigerated worktops and a walk-in cooler complete the cozy kitchen. The charming dining room and bar with seating for 150 and a further 30 on the patio is in a first class condition and completely 'turn key.' Annual Profits in excess of $175,000 are being achieved currently on sales of $1.4 million. aIn the right hands and with even more 'TLC' this could rise to even greater success. This is a highly confidential business listing so please complete the 'Non Disclosure Agreement' on our site and we will send you the name and address with full financial information with the lease & the 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
- OrganizationContact For Info
- Current Owner1994
- Reason For SaleRetirement
- Seating150 + Large Patio
- Square Feet3000
- Parking8 plus street
- LicensesHealth, Business & ABC Type 41 License.
- Open HoursTues-Thurs 11am-9pm, Fri & Sat 11am-10pm, Sunday 4pm-9pm. Closed Monday.
- Rent$5,112 Inclusive NNN
- ExpirationLong Lease Negotiable
- Yearly IncreaseLong Lease Negotiable
- OptionLong Lease Negotiable
- Monthly Revenue$118,167
- Monthly Cash Flow$14,951
- Annual Revenue$1,418,000
- Annual Cash Flow$179,416
- Down Payment$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.