Copy and Paste link to Auction Site. https://ten-x.com/commercial/listing/21375-consolation-st-volcano-ca-95689/1000013752/ Nestled in beautiful Amador wine country where quality Californian wine is produced lies this fully renovated, historic restaurant and bar with 4 elegant bedroom suites and real estate, for sale by Auction,October 26-28. https://ten-x.com/commercial/listing/21375-consolation-st-volcano-ca-95689/1000013752/ The indoor bar and restaurant seats 60 plus 40 in a private dining room/or extra seating for the restaurant and a further 45 on the private garden outdoor patio. The owners are semi-absentee while their manager, chef and crew run the day-to-day operations. Only open Thursday through Monday generating annual sales of $840,000 and an income of $149,000 under management. See customer comments; "This place located in the quiet little town of Volcano, is the true gem of the Mother Lode! It has a seasonal fresh menu along with old tried and true favorites including the fried chicken and famous 'Union Mac and Cheese'!" And "The inside of the pub takes you back to days gone by, and the outside garden area is whimsical and truly special. The servers are all so friendly and know the food and drinks they are serving. Take a drive and go find this place, you will be glad you did." And "Excellent, ambitious menu in an unexpected spot. Charming, welcoming atmosphere & beautiful garden seating as well." A new owner/manager should increase the profit to $165,000 - $200,000 by reducing management costs and opening weekly for 7 days. The four elegant upstairs rooms are a credit to the current owners in their uncluttered, luxury accommodation with a front balcony for relaxation and for soaking up the rural views while sipping on local wine or beer and enjoying a meal prepared by the chef. The rooms also generate an extremely high profit with average daily rates of $139 in 2019 and $148 in 2020 YTD and of course with guaranteed dining. The garden patio, off the main restaurant is mature and colorful in its flora, lending itself well for wedding receptions and private parties. Catering is another avenue to increase revenue, as the many local wineries are in need of catering services for the many weddings & events. Available with good books and records & verifiable financials. To join the Auction and receive more information please copy and paste. https://ten-x.com/commercial/listing/21375-consolation-st-volcano-ca-95689/1000013752/

General Info

  • OrganizationContact For Info
  • Established1880 Built, Converted 2000
  • Current Owner2009
  • Employees12
  • Reason For SaleOther Interests

Facilities

  • Seating100 + 45 Patio
  • Square Feet4350 - Lot size 9028
  • ParkingPrivate Parking Lot
  • LicensesHealth, Business & ABC Type 41 License.
  • Open HoursMon & Thurs 5pm-8pm, Fri 5pm-9pm, Sat 12pm-9pm Sun 12pm-8pm

Lease

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

Financials

  • Monthly Revenue$70,000
  • Monthly Cash Flow$12,420
  • Annual Revenue$840,000
  • Annual Cash Flow$149,000
  • Payroll$$21,750

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