This modern gastropub has great food, a cool atmosphere and is loaded with craft beers. Menu items range from burgers, entrees, and numerous small plates. 16 Local beers on tap change daily so there is always something new to try or as a bonus in Placer County, a ABC type 47 license to enjoy a craft cocktail from the full bar. Located amongst Restaurant Row with an outdoor Patio seating 40 with excellent free parking. Annual sales in excess of $1.6 million with profits but in need of an owner operator. Priced at $275,000 this 5500 sq ft bar and restaurant has so much potential to be extremely successful and is 'Turn Key' ready. A beautiful modern kitchen which includes 25ft Type 1 hood with fire suppression system, two 6 burner stoves with ovens, large broiler, 3 deep fryers, salamander, convection oven with refrigerated worktops. Walk-in and upright refrigeration with floor standing mixer and a full complement of small equipment. The bar/restaurant has a real craft beer, re-claimed wood feel with seating for 120 in a combination of high tops, booths and regular tables with a further 12 bar stools. Many TV's mount the walls for that sports bar feel. The vast list of equipment included with the sale is amazing and would make the most seasoned operator salivate. 6 years plus two 5 year options remaining on the lease give ample tenure to enjoy future success. 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

  • OrganizationLLC
  • Established2010
  • Current Owner2016
  • Employees32
  • Reason For SaleOther Interests

Facilities

  • Seating132 Plus Patio
  • Square Feet5500
  • Parking100+
  • LicensesHealth, Business & ABC Type 47 License
  • Open HoursTue 11:30 am - 9:00 pm Wed 11:30 am - 9:00 pm Thu 11:30 am - 9:00 pm Fri 11:30 am - 10:00 pm Sat 10:30 am - 10:00 pm Sun 10:30 am - 8:00 pm

Lease

  • Rent$16,500
  • Expiration2021
  • Yearly Increase3%
  • OptionTwo 5 year Options
  • Deposit$12,280

Financials

  • Monthly Revenue$137,500
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,650,000
  • Annual Cash FlowContact For Info
  • Payroll$$47,011

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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