This restaurant formerly known as Chili Joe's is located at 312 Petaluma Blvd South, Petaluma and was newly remodeled at a cost of over $100,000. The restaurant is freestanding and is highly visible on a major thoroughfare with lots of street parking. There is a comfortable dining room, some outdoor seating, a full kitchen and the entire restaurant has LED lighting. Some of the equipment includes as follows: type1 hood with fire suppression system, grease trap, six burner gas stove over oven, 24" gas char broiler, 24: gas griddle, double basket fryer, one door refrigerator with sandwich station on top, 2 -2 full door refrigerators, full door glass refrigerator with 2 beer taps, microwave oven, 3 compartment sink, produce sink, hand sink, 2 prep tables, 2 full door freezer, ice machine, new water heater, 6 employee lockers and mop sink, etc. There are two restrooms and one is ADA accessible. The landlord is easy to work with and will entertain a longer term lease. The restaurant has only operated on a limited basis and was only open in recent months 3 hours a day and generated approximately $500 in sales in 3 hours of operation. A buyer can purchase the business with the existing concept or put a new concept to include take out and delivery, etc. NO BROKER COOP

General Info

  • OrganizationLLC
  • EstablishedContact for Info
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating24 inside + 16 outside
  • Square Feet1,000 approx
  • ParkingStreet parking
  • LicensesBusiness, ABC Type 41 (beer & wine)
  • Open HoursContact for Info

Lease

  • Rent$1,900
  • Expiration6/30/22
  • Yearly Increase$100 per month increase yearly
  • Option3 years + increased term negotiable
  • DepositContact For Info

Financials

  • Monthly RevenueContact for Info
  • Monthly Cash FlowContact for Info
  • Annual RevenueContact for Info
  • Annual Cash FlowContact for Info
  • Payroll$Contact for Info

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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