This well-established restaurant is one of Marin County's most desirable cities in a prime downtown location. With $60,000 cash down SBA will finance the balance at reasonable terms. There is a large glass frontage, a display kitchen, a separate beer & wine bar with 12 bar stools and there are a number of high-top tables throughout. The décor is unique with hanging light fixtures, high ceilings, sky lights and unique finishes throughout. Some of the major equipment includes as follows: 10' type 1 hood with fire suppression system, 6 burners over oven, 2 wok burners, 4 compartment steamtable, 3 door under counter refrigerator + sandwich station, 2 door under counter refrigerator, 3 -1 door under counter refrigerators (1 with 3 taps on top), 1 full door glass refrigerator, 5 hand sinks, 1' x 3' char broiler, 2 -4 door under counter refrigerators with 5 taps on top, ice machine, 4 tap wine dispenser, ice bin, TOAST POS system, 1 full door freezer, large flat screen TV, walk-in refrigerator, 3 compartment sink + rinse hose, utility sink, mop sink and 3 rice cookers, etc, There is also a storage area, 2 ADA restrooms, employee lockers and office with a safe.

General Info

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

Facilities

  • Seating65 inside + 13 outside
  • Square Feet1310 square feet + outdoor seating area and service area
  • ParkingParking lot
  • LicensesBusiness, ABC Type 41 (beer & wine)
  • Open Hours7 / 11:30a-8p

Lease

  • Rent$4,300 NNN
  • Expiration10 years
  • Yearly IncreaseCPI with a min of 2% and max of 4%
  • Option2 - 5 year options
  • DepositContact For Info

Financials

  • Monthly Revenue$83,000
  • Monthly Cash Flow$14,580
  • Annual Revenue$996,000
  • Annual Cash Flow$174,960
  • Payroll$Contact for Info

Financing

  • Down Payment$$60,000
  • Note Balance$$335,000
  • 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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