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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

Full Service Restaurant

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $960000
Net Profit / Cash Flow  $120000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2009
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased

Description  
Full Service Restaurant- $120k Profit & $1m Sales- Full Liquor License- Excellent Rent Terms RRC#: 2025 Asking Price: $295,000 Location: Greater Monterey Area, Greater Monterey Area, California Yearly Revenue: $960,000 Yearly Cash Flow: $120,000 Monthly Rent: $1,700 Gross. No NNN LISTING DESCRIPTION: This established business is a local cornerstone. The casual, full service sit down restaurant offers an easy going menu, a long list of beers on tap, and has a complete bar with a type 47 liquor license. The business owner operates in semi absentee capacity. Both indoor seating and a large covered outdoor patio, available for regular guests and private parties, add to the great versatility of the business. The interior seats approximately 55 customers, and has both table and chair seating and a long counter with seating for approximately fifteen guests. The counter looks on to the back bar and service area. Equipment includes a large walk-in with glass doors accessed from behind the counter, 20 beer taps, under counter refrigeration, reach-in bottle chiller, multi beverage dispenser gun, 3-compartment bar sink and speed rails. The garden like setting in the enclosed patio area is open daily for outdoor seating, and is used as a private party venue. The large fully equipped kitchen includes an 111 type one hood, 4-burner range with oven, double fryer, 33 griddle, and 188 char grill, as well as additional refrigeration, 3-compartment sink and prep sink. The business has its own large parking area, is highly visible and easily accessed, located on major route that sees constant all day traffic. The business is ideal for a single hands on owner or a partnership looking to take over an established casual lunch and dinner operation, that specializes in an extensive ion of craft beers on tap, and has a full liquor license.


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