Well-established, two-unit restaurant chain for sale in the East Bay. The concept is a family-friendly, American pub featuring a wide range of local beers. Both restaurants are located in highly visible, busy strip centers, and one is near a large outdoor sports facility. Large flat-screen televisions make the restaurants popular places for viewing televised sports. Both locations are very popular and successful. The first location opened in 1994 and seats 100 inside, and 70 on the outdoor patio with heat-lamps. It also has a large private room that can be rented for parties. The second location opened in 1996, and also seats 100 inside and 70 outside. There is a 60% food and 40% alcohol sales mix. Both locations have about 30 beers on tap.Opportunities to build on the current level of success could include working with third-party vendors, such as DoorDash. The current owners have not worked with delivery services, and doing so could enhance sales and grow the business. Both locations have similar build outs and the kitchen includes the following; large type-one hood, a smoker, walk-in refrigerator and freezer, walk-in refrigerator for beer kegs, 3 fryers, charbroil grill and a flat-top grill, 4 burner stove and oven, multiple under-counter refrigerators with prep, dishwasher and 3 compartment sink area. There are two ADA restroom and office area for the manager/owner.

General Info

  • OrganizationInc
  • Established1994
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • SeatingContact For Info
  • Square Feet4573 / 3895
  • ParkingParking Lot
  • LicensesABC Type 41, Health and Business
  • Open Hours11:30am - 9:30pm Daily

Lease

  • Rent$17,984 / $17,477 all inclusive
  • Expiration2024 / 2022
  • Yearly IncreaseContact For Info
  • Option5 Year Option
  • Deposit$8,505 / $5,250

Financials

  • Monthly Revenue$344,206
  • Monthly Cash Flow$35,623
  • Annual Revenue$4,130,472
  • Annual Cash Flow$427,470
  • Payroll$Contact 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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