$130,000 in Profit - $750,000 in Sales and priced at $230,000 for this Modern 4,300 sq ft Restaurant located in Rocklin. This free standing building has ample parking and a long long lease which expires in 2025 plus three 5 year options (to 2040) to renew with rent at only $1.70 per sq ft including all property taxes, insurance and landscaping. Inside the show kitchen adds an upscale ambiance with a separate bar and seating with it's ABC type 41 beer and wine license. This is a 6 year old building so monthly maintenance is will be low. The dining room seat 175 in a combination of booths and table seating. Private dining areas have been created and the whole space is colorfully decorated and well lit. The show kitchen is fully equipped including a double 12ft Type 1 hood with fire suppression system, 8 burner stove, 4ft flat top and double fryer along with some specialist cooking stoves. There is separate prep kitchen which has 3 baking ovens, a 6 burner stove and oven, mincer, mixer and ample stainless steel prep tables together with a large walk-in cooler. A bulk Co2 tank for beer and soda's is also installed. All the staff are in place and the owner is willing to carry a note for a portion of the purchase price to well qualified Buyer's. This business is so well furnished and would suit many different concepts including a possible Brewery with ample space to expand and with a luxury kitchen capable of producing a myriad of amazing food. To receive more information and discuss this opportunity with the broker please 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 & full list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationCorporation
  • Established2014
  • Current Owner2015
  • Employees25
  • Reason For SaleOther Interests

Facilities

  • Seating175 + 30 Patio
  • Square Feet4255
  • Parking100+
  • LicensesHealth, Business & ABC Type 41 License.
  • Open Hours11.30am - 9.30pm Daily

Lease

  • Rent$7,595 Inc NNN
  • Expiration2025
  • Yearly Increase5% Negotiable
  • Option+ Three 5 year options
  • Deposit8765

Financials

  • Monthly Revenue$62,500
  • Monthly Cash Flow$10,830
  • Annual Revenue$750,000
  • Annual Cash Flow$130,000
  • Payroll$$10,510

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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