This family restaurant has thrived for nearly 40 years, on an idyllic Main Street location within this small East Bay town.  The historic building oozes charms as does the preserved interior theme.  They have a great team who serves the community within the restaurant and helps with ample outside catering of local companies.    Their sales stayed consistent through the pandemic and were profitable. At their peak they were selling shy of a million per year, and current 2022 trajectory should put the annual sales at nearly $900,000.   This stunning corner location has a Beer & Wine license to service their dining guests, and guests at their small bar top. The space has room for 49, currently seats 42 inside as well as tables outside with roughly 16 seats. There is ample space and storage, including a large storage space and small office and employee bathroom upstairs, as well as a large gated back trash area with plenty of more space to store equipment or supplies.   The sale includes a pristine Ford E150 Catering Van, with upgrades and ample catering equipment.  Full Equipment list provided upon request.    The longtime landlord will work with an incoming party to draft a suitable new long term lease.    Reach out now to learn more about this Main Street Staple Family Restaurant!

General Info

  • OrganizationLLC
  • Established1987
  • Current Owner1987
  • Employees12+
  • Reason For SaleOther Interests

Facilities

  • Seating49 Capacity, 42 Seats, 5 bar, 16 Sidewalk Seating
  • Square Feet1,350 Main Floor 700 Upstairs
  • ParkingEasy Free and Metered Street Parking
  • LicensesType 41 ABC Beer & Wine, Health, Business
  • Open HoursTues - Sat. 1130-230 & 5-9pm (10pm Friday/Saturday) Closed Sunday Monday

Lease

  • Rent$4,190 plus tenant portion of h20
  • Expiration5+5 year available - New Lease for New Owner
  • Yearly Increase3%CPI
  • OptionYES - New Lease for New Owner
  • DepositNew Lease for New Owner

Financials

  • Monthly Revenue$70,351
  • Monthly Cash FlowContact for Info
  • Annual Revenue$844,212
  • Annual Cash FlowContact For Info
  • Payroll25,383

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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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