The National Hotel and Restaurant is truly a historic gem since 1859. Restaurant Realty Company are proud to have been chosen for the first time in 45 years to represent the sale of this historic Bar, Restaurant and Hotel located in the downtown district of Jamestown, the gateway to Yosemite. This is among the 10 oldest lodging properties in California. The lot size is over 11,500 square feet with 5,365 of hotel and restaurant building plus an owner/manager 1,200 square feet home on site which is included in the sale. There is also a further 1,100 sq ft of covered storage. The owner has taken great pride over 45 years of upgrading the property while keeping the historic charm of this restaurant and hotel but having owned and operated solely since 1974 he wishes to retire. Recent remodels and investments include the addition of the last 2 bedrooms, webcams installed throughout, new draft beer box installed, new backyard & fence built, inserted stained glass & replaced the whole front 2nd floor balcony and finally being installed, a power generator so the business can ruction normally during a outage. This hotel and restaurant includes the real estate and is a once in a lifetime opportunity and a turnkey operation with many long time employees. 9 exquisite bedrooms for this bed and breakfast boutique hotel upstairs, each having a private bathroom. Loyal clientele come for the experience from miles away. There is an ABC Type 47 hard liquor license, a bar and restaurant plus a large outdoor patio area with its organic garden. Hotel rooms include bathroom with antique finishes for those historical lovers. This gold-rush style saloon serves Mediterranean cuisine with many menu items including herbs and vegetables grown from their very own garden. Most of their breads are baked in house including their hamburger buns and steak rolls. Some equipment brands included in their modern kitchen are from Wolf, True & Traulsen. The bar is an original 100 + yr old wooden back bar, saloon style highlighted in the front of the restaurant with its own 30 seats. The hotel and restaurant has a large presence on the internet and is listed on over 100 websites worldwide. 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 full financial information & 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
  • Established1859
  • Current Owner1974
  • Employees22
  • Reason For SaleRetirement

Facilities

  • Seating30 Bar, 70 Dining room
  • Square Feet5365 Main + 700 Patio & 1200 Owners Accommodation
  • ParkingNearby Parking & Street
  • LicensesHealth, Business and ABC Type 47 & 21 off sale licenses
  • Open HoursMon 11:30 am - 9:00 pm Tue 11:30 am - 9:00 pm Open now Wed 11:30 am - 9:00 pm Thu 11:30 am - 9:00 pm Fri 11:30 am - 10:00 pm Sat 11:30 am - 10:00 pm Sun 10:00 am - 9:00 pm

Lease

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

Financials

  • Monthly Revenue$76,500
  • Monthly Cash Flow$16,929
  • Annual Revenue$917,915
  • Annual Cash Flow$203,146
  • Payroll$$276,464

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