Crow's Nest Bar and Grill, which is located in Fort Bragg, this cliff side restaurant sits right on the Pacific Coast. The restaurant's seating is spread out over four floors, which maximizes the ocean views available to diners. The main entrance to the restaurant is on the top floor of the restaurant, where the bar area is situated. The bar has a 16 tap system, flat screen televisions, and seats 40, has a type 47 full liquor license. The next three floors down are restaurant seating, where up to 150 guests can be accommodated. All four floors feature large windows and spectacular ocean views. The restaurant can accommodate up to 225 for banquet seating. The current owners recently added a comedy night - one night a month, which brings in additional revenue. There is the opportunity to add additional events like this to increase sales. The kitchen is a chefs dream, very open and large with plenty of room to handle service and take on additional catering business and not work on top of each other. The kitchen equipment includes the following: CCTV security system, 16 tap beer system, three 36" flat screen TV, two 42" flat screen TVs, 3 draft coolers, 3 door under counter refrigerator, 28' hood, 2 fryers, 3 gas ranges, convection oven, ice machine, 2 salad and sandwich prep with under counter refrigerator, walk in cooler, walk in freezer, 2 door refrigerator and a 1 door refrigerator

General Info

  • OrganizationContact For Info
  • Established2017
  • Current Owner2017
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating150
  • Square Feet7153
  • ParkingParking Lot
  • LicensesABC Type 47, Health and Business
  • Open Hours11am - 8pm Tuesday - Sunday

Lease

  • Rent$10,000
  • Expiration2025
  • Yearly IncreaseContact For Info
  • Option2 five year options
  • Deposit$10,000

Financials

  • Monthly Revenue$116,000
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,400,000
  • 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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