$375000 asking price for this 4,000 square feet bar & restaurant with a large front patio. Annual sales in excess of $1.8 million with so much scope to increase. Built just 3 years ago and although fairly successful, the current owner lives too far away to manage the daily operation effectively. Dining room seating for 120 plus 14 stools at the bar and a further 100 on the attractive outdoor patio. Built in 2017 this modern bar and restaurant boasts an ABC type 47 hard liquor license which is included in the price. The all well designed stainless steel kitchen with a full line of stoves under a 20ft type 1 hood with fire suppression system, large walk-in cold room and walk-in freezer plus all the hot line and prep equipment necessary to operate a busy restaurant business. The attractive front of the restaurant patio with it's auto sun screens and seating for 100 is a really cool addition to this all year round climate bay area. Over $2 million cost to build out in 2017, this is such an amazing price for the concept, equipment and ABC hard liquor license. Complete the 'Non Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & list of equipment included with the sale. We'll also send you the Broker's contact information so you can discuss this opportunity in more details.

General Info

  • OrganizationInc
  • Established2017
  • Current Owner2017
  • Employees25
  • Reason For SaleOther Interests

Facilities

  • Seating230
  • Square Feet4013 + 1500 Patio
  • Parking100+
  • LicensesHealth, Business and ABC Type 47 Licenses
  • Open Hours11am - 10pm Sun - Thurs. 11am - 11pm Sat & Sun

Lease

  • Rent$14,000 including NNN
  • Expiration2027
  • Yearly IncreaseContact For Info
  • OptionTwo 5 year Options
  • DepositContact For Info

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,830,000
  • Annual Cash FlowContact For Info
  • Payroll$$73,166

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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