The property consists of a full restaurant and bar with banquet facilities and an 18 -room hotel in two buildings.  One building, referred to as the Wharf Building , contains three stories and comprises the restaurant, five interior-corridor waterfront front guestrooms, guest laundry facilities, and a two bedroom apartment suite on the third floor.  50 percent of the structure is built on piers over the river.  There is a manager's office adjacent to the five interior-corridor guestrooms.  The Silver's at the Wharf restaurant is situated within the three story Wharf Building and is located on the second floor with an outdoor deck and additional storage on the ground floor.  The restaurant has a bar and lounge area with 14+ seats at the bar.  The total occupancy is approximately 250 seats not including the outdoor seats.  The kitchen facilities are located on both the first and second floor of the building.  The first floor contains food preparation facilities, two walk-in refrigerators, a walk-in freezer and various storage areas.  The second-floor kitchen contains food preparation areas, appliances and equipment.  The Anchor Lodge is a two-story building that contains 12 exterior-corridor guestrooms and in-house laundry facilities.  The Wharf Building is situated on the west side of the site just over the Noyo River.  The property provides excellent views from the restaurant and from several of the hotel rooms.  The property has its own dock.   

General Info

  • OrganizationLLC
  • EstablishedLate 1950's
  • Current OwnerRestaurant - 2005; Property 2007
  • Employees63 to 75 pending the season
  • Reason For SaleRetirement

Facilities

  • Seating200 + & 100+ outside seats
  • Square Feet16,627 (includes restaurant and motel); lot 91,983
  • Parking110 car parking lot + 4 RV spots
  • LicensesBusiness, ABC Type 47 (hard liquor) License
  • Open Hours7 / 11a-4p; 5p-9p

Lease

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

Financials

  • Monthly Revenue$330,597
  • Monthly Cash FlowContact For Info
  • Annual Revenue$3,967,173
  • Annual Cash FlowContact For Info
  • PayrollContact for Info

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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