Less than $100,000 down for this popular Craft Beer Tap House & Restaurant with the Real Estate included. 6,000 square feet with 3/4 acre of land for patio and parking for 60+ vehicles. The asking price has recently been reduced to $950,000 which includes the Real Estate. The Bar and Restaurant have been restored and transformed into a premier craft beer tap house and restaurant in this North Central Valley City of Turlock. The sale also includes the transfer of a ABC type 47 hard liquor license. The whole 'Front of House' has hardwood flooring and a bar with 30 craft beers on tap delivered from its own walk-in cooler aided by a super efficient Glycol beer cooling system. Refrigerated double glass cooler and backbar reach-in coolers for bottled beers with seating at the bar for 12 and dining room seating for 100, made up of high bar tables, chairs and cozy lounge seating. 7 flatscreen TV's, a further 5 TV's in the lounge and a video sound system with an integrated POS system complete the bar and lounge areas. There is a new full color 29 HD security camera system. Three extremely unique private dining rooms for either private party's or used for extra seating on those really busy weekend nights with each private room seating up to 40 in a combination of dining tables and booths which allows for a total seating capacity of around 220 plus a further 40 on the patio. The well appointed, large kitchen can accommodate and service the front of house, equipped with a Montague 8 burner stove with flattop, Imperial double stacked convection ovens, Royal salamander, 2 Imperial double deep fryers, all under a 12ft type 1 hood with fire suppression system. Refrigerated works tops, built-in steam table, 3 walk-ins (1 a freezer), Thunderbird 40 qt mixer, Hobart slicer and Hoshizaki Ice Machine and outside, a Large Stone wood fired Pizza oven. 10% Down and a long term SBA 25 yr Loan can be secured to well qualified and experienced buyers with good credit. The business & real estate and 3/4 acre parking lot is for sale for $950,000. To receive more information and discuss this opportunity with the broker along with the broker's connections for a long term SBA loan solution 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

  • OrganizationInc
  • Established1980
  • Current Owner2018
  • Employees31
  • Reason For SaleOther Interests

Facilities

  • Seating220
  • Square Feet6000
  • Parking60+
  • LicensesHealth, Business & ABC Type 47 Licenses
  • Open Hours3pm - 10pm Mon - Fri - Sat & Sun 10am - 12am.

Lease

  • RentReal Estate Included
  • ExpirationReal Estate Included
  • Yearly IncreaseReal Estate Included
  • OptionReal Estate Included
  • DepositReal Estate Included

Financials

  • Monthly Revenue$108,333
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,300,000
  • Annual Cash FlowContact For Info
  • Payroll$$31,295

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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