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

Popular Cornerstone Restaurant

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $600000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1990
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased

Description  
Popular Cornerstone Restaurant for sale, $600k Credit Card Sales, Great Location & Long Term Lease RRC#: 2125 Asking Price: $175,000 Location: Vallejo Location, Solano County, California Yearly Revenue: $600,000 Yearly Cash Flow: Inquire Monthly Rent: 8,500 all inclusive This popular restaurant is very well established in the community and has very consistent sales from year to year. The location is in a very busy center, that has easy on and off freeway access, and is adjacent to large residential area. The large dining room currently seats 100, but has a capacity of 110, which easily accommodates large groups and private parties. The interior is spacious and comfortable, with a three terminal POS system and a four camera surveillance system. A server area is equipped with steam table, 6-beverage soda dispenser, large ice machine, 2-door beverage merchandiser, hot water dispenser, hand sink The fully equipped kitchen is well maintained and compliant with Health and Fire codes for the 18' type 1 hood with d and recently serviced Ansul system. A line kitchen with quarry tiled flooring is well equipped with a 4-burner range with oven, two double fryers, 6-burner wok range and 2-door refrigerated sandwich prep. station. The prep kitchen has a walk-in cooler and a walk-in freezer, 2-door reach-in freezer, multiple stainless work tables, large 2-compartment sink and prep sink with large stainless work surface, hand sink and mop sink. Both the line and prep kitchens have 8' high stainless wall lining. The current base rent is $6,615 with water, sewer and garbage expenses included in the monthly CAM charges. The name, menu, recipes would be included in the selling price if a buyer chooses to continue with the existing concept. Other than Japanese or a fast serve sandwich concept, any menu type would be allowed under the lease. The entire premises is wheelchair accessible, which includes two ADA restrooms.


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