Located in the Sierra Foothills of Calaveras County. This beautiful area surrounded with Wineries and Country living with the local towns of Angels Camp, Sonora, Murphys and Jamestown makes for an enviable quality of life. This area attracts many Tourists from the Bay area, some of whom also own second homes and enjoy the weekends and holidays away from the big cities.
This popular 1200 sq ft cozy bar and restaurant with its additional 800 sq ft covered and tastefully decorated patio and large parking lot has been in the same absentee ownership since 2014. Offering quality upscale food including, Shellfish, Steaks, Burgers & Pasta along with a Beer and Wine license offering locally produced wines while enjoying the lowest of low monthly rents at only $1,500 including NNN. A 12 year lease term still remains so with annual sales revenues of around $600,000 and rent at 2% how can you not make a healthy profit, especially if the lucky buyer manages the daily business operations.
Currently closed on Tuesdays and Wednesdays with opening hours of 12pm-8pm on the other days, there is so much growth potential and Country living awaiting a successful Entrepreneur looking to open their first restaurant. Fully fitted Kitchen, Dining room and Bar with a new POS system, all new appliances and all new dining chairs.
To receive more information and discuss this excellent opportunity with the broker, please complete the 'Non-Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & a comprehensive 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.
- OrganizationSole Proprietorship
- Current Owner2014
- Reason For SaleRetirement
- Seating50 + 30 Patio
- Square Feet1,200 + 800 Covered Patio
- LicensesBusiness, Health and ABC Type 41 Licenses
- Open Hours12 noon - 8pm Thursday - Monday. Closed Tuesday & Wednesday
- Yearly IncreaseContact for Info
- OptionTwo 5 Year Lease Options
- Monthly Revenue$52,250
- Monthly Cash Flow$5,200
- Annual Revenue$627,000
- Annual Cash Flow$62,000
- 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.