Enjoy a great quality of life with evenings off. Or choose to extend this restaurants hours to include dinner service and reap the benefits of higher volume and profits. This longstanding business has great goodwill and serves up thoughtful comfort food in the trendy Temescal neighborhood. This space has a great lease with four more years on the initial term and one five year option. Base rent is currently $5560. There is ample interior seating, sidewalk seating and and negotiable back patio dining space that belongs to the neighbor. The second floor has ample storage, office space and possible private dining area if upgraded and permitted correctly. The fully equipped and well maintained kitchen is ready for high volume. Equipment list can be provided upon request. Take advantage the great local customer base, flexible hours of operation and proven volume this restaurant has to offer.

General Info

  • OrganizationCorporation
  • Established2013 in this location, previously at another location since 2008
  • Current Owner2013
  • Employees24 (2019)
  • Reason For SaleRetirement

Facilities

  • Seating65, 6-8 Sidewalk, Negotiable Back Patio 24 seats
  • Square Feet2700
  • ParkingEasy street
  • LicensesContact For Info
  • Open HoursSeven Days 8am-3pm

Lease

  • Rent$5,560
  • ExpirationDec 31, 2023
  • Yearly IncreaseContact For Info
  • Option10 Lease plus 5 year option
  • Deposit$3,500

Financials

  • Monthly Revenue$105,703
  • Monthly Cash Flow$8,808
  • Annual Revenue$1,268,437
  • Annual Cash Flow$105,703
  • Payroll$$40,345

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.

Location