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Businesses For Sale   >>   Banquet Businesses For Sale   

Remodeled Restaurant & Bar For Sale

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $1092000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased

Description  
Remodeled Restaurant & Bar On Major Street In Prime Downtown With $1 Million+ Sales RRC#: 1749 Asking Price: $350,000 Location: On Major Downtown Street, Walnut Creek, California Yearly Revenue: $1,092,000 Yearly Cash Flow: Contact For Info Monthly Rent: $14,500 approx LISTING DESCRIPTION: This remodeled restaurant and bar is in a central downtown location in Walnut Creek. There is a large glass frontage, a spacious dining room and a full bar with granite top with a separate bar area. The dining room has an open airy feeling with tile floors and there is a combination of tables and chairs and banquette seating. The current operation is closed one day a week so there is upside for an additional day of business. The current concept and menu does not lend itself for the sales volume potential this location should be doing and the name and menu are not included. Some of the equipment includes as follows: 24' type 1 hood with fire suppression system, POS system, 4 door under counter refrigerator, flat screen TV, 3' ice cream freezer, hot water machine, 3 hand sinks, 2 full door refrigerator, ice machine, double basket fryer, 4 unit cooking station, 2 ice bins, 2 - 3 compartment sinks, walk-in refrigerator, walk-in freezer, 4 rice cookers, stock pot burner, double basket fryer, 4 & 6 under counter refrigerator drawers, 3' chargrill, 6 burners over oven, 4 burners, 5 compartment steam table and 2 compartment sink, etc. There is also a full kitchen, prep kitchen, storage areas, 2 ADA restrooms, an employee restroom. NO BROKER COOP. GENERAL INFORMATION: Organization: LLC | Seating: 165 | Square Footage: 3,500 approx | Parking: Street and parking lots | Licenses Required: Business and ABC Type 47 (hard liquor) | Days Open/Hours: Varies - open most lunches and dinners | Reason For Sale: Other interests | FINANCIAL INFORMATION: Yearly Revenues: $1,092,000 | LEASE INFORMATION: Monthly Rent: $14,500 approx | Lease Expiration: 7 years | Lease Opti


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