Description Below Market Rent! Full Service Restaurant With Beer & Wine License - Near Beach
RRC#: 1954
Asking Price: $126,000
Location: Near Downtown and Beach, Santa Barbara, California
Yearly Revenue: $336,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $15,000 all inclusiive
LISTING DESCRIPTION:
Lots of pedestrian foot traffic. Approximate 5,600 Sq Ft +/- Restaurant at $2.95 a sq ft. in bow trust single story building with no columns. Type 41 Beer & Wine License. Can be upgraded to full liquor. Kitchen equipped with exhaust venting hood, prep tables refrigeration, etc. Health Dept approved. This location attracts business people, retirees, students, families, tourist and local residents. A good restaurant and bar operator can place their own concept or keep the current concept and adapt it according to their preference. Ideal location for either fine dining, casual, beer garden, bar, etc.
GENERAL INFORMATION:
Organization: Sole Proprietorship | Employees: 2 FT 2 PT | Seating: 165 | Square Footage: 5,600 | Parking: Public lots | Licenses Required: ABC Type 41 (beer & wine), Business | Days Open/Hours: 7 / S-SA 9a-10p | Reason For Sale: Pthere interests |
FINANCIAL INFORMATION:
Yearly Revenues: $336,000 |
LEASE INFORMATION:
Monthly Rent: $15,000 all inclusiive | Lease Expiration: 2015 | Lease Option: Negotiable |
FINANCING INFORMATION: