Take advantage of a $400,000 build out which includes over $150,000 worth of equipment. Rare leasing opportunity for a very attractive turn key restaurant that can be opened in 2-4 weeks, located in beautiful Mount Shasta California on a high traffic boulevard surrounded by residential, commercial, and business areas. No Premium Required! The premises is being offered with a very favorable long term lease. Execution of the lease will be combined with a deposit for equipment. A prospective tenant must be well qualified with previous restaurant operator experience. A prospective lessee may introduce their own menu and concept.The building has 180 seating capacity which is perfect for private parties, meetings and special events. There is easy access to the lounge both from the street and dining room. The dining room currently seats about 100 guests, and the lounge will accommodate seating for approximately 80 guests. The restaurant's main entrance has a separate foyer reception area, two ADA restrooms, and is wheelchair accessible. Equipment includes commercial water heater, steam kettle, double stack pizza oven, 2 - 10' type one hood systems with fire protection, 20 quart floor model mixer, double stack convention ovens, 2 fryers and a 36 inch char broiler w/under-counter refrigerated drawers. A six burner stove with 2 ovens, double panini grill, 3 hole steam table, pass through heat lamps, 2 door refrigerated sandwich prep unit, 3 compartment sink, air gas tank, double stack AltoSham, POS system with digital screens with several handheld order pads. 4 unit kegerator, wine cooler & wine rack, beer bottle refrigerator, tables and chairs for 180 seating, 150 plates and cutlery and ice cream freezer with dipping station. Also a refrigerated 2 door display case, ice machine, 2 drawer warmer, 6 stainless steel shelves, 100 plus stainless steel pots and pans, pot and pan sink, large walk-in freezer, large walk-in cooler, sheet pans with speed racks, eight foot 3 door refrigerated pizza prep station, commercial slicer, built in soup warmers, single pass dough roller and sheeter 16 " rollers, bulk storage bins.The Landlord is offering a 5 year lease, with beginning all inclusive monthly gross rent of $5,280 which comes out to $1.10 sq ft. Landlord is willing to pay (COMPS) on the property for well qualified tenants with previous restaurant operator experience that saves you thousands of dollars a year! Security deposit for equipment is negotiable with Landlord 5-year option can be included. There is huge upside for a new tenant to add an ABC 41 beer & wine license, or to bring in a type 47 full liquor license. Sign NDA request today for further information on this restaurant opportunity
General Info
- OrganizationSole Proprietorship
- EstablishedContact For Info
- Current OwnerContact For Info
- EmployeesContact For Info
- Reason For SaleOther Interests
Facilities
- Seating180
- Square Feet4800
- ParkingStreet
- LicensesHealth, Business and ABC Licenses
- Open HoursContact For Info
Lease
- Rent5,280
- Expiration5 years
- Yearly IncreaseNegotiable
- Option5 year option is Negotiable
- DepositNegotiable deposit for equipment
Financials
- Monthly RevenueContact For Info
- Monthly Cash FlowContact For Info
- Annual RevenueContact For Info
- Annual Cash FlowContact For Info
- 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.