Price Reduced!-$300,000 For Bar, Restaurant And Banquets With Real Estate In Willows, N California
Asking Price: $300,000
Location: 610 South Tehana Street, Glenn County, California
Yearly Revenue: $480,000
Yearly Cash Flow: Contact for Details
Monthly Rent: Contact For Info
This Bar, Restaurant and Banquet room includes the Real Estate and is priced to sell at ONLY $300,000. The owner is willing to carry a long term note for a large portion of this sale, acting as your bank allowing you ample time to purchase both the Business and Real Estate. For the right buyer, the seller may split the sale of the business from the real estate. Willows is only 30 minutes from Chico, and 45 minutes from Sacramento and Redding. Willows is a beautiful town community and offers all the advantages of rural living combined with commercial business. Thunderhill Raceway Park is a mere 8 miles away and this restaurant is frequented by racegoers on a regular basis. In 2006 the sales were $1.2 million, therefore the business can be rebuilt again to it''s successful days by an experienced operator. The sale includes a Type 47 full liquor license, presently valued in Glenn County at around $60,000. Enjoy the Northern Californian countryside and beauty of the surrounding mountains and lakes. The kitchen and dining room are fully loaded. The dining room seats over 100 guests with space and style while the kitchen is equipped with two 6 burners, Flat top, Char grill, 2 fryers, 1 convection oven, 2 walk in cold rooms, one 3 door fridge, huge 24 ft type 1 hood with fire suppressant system, ample s/s tables and ample storage space. The opportunity to cater in the local area has not yet been exploited. The large banqueting room has so much scope to increase business for weddings, corporate parties and celebrations, seating 200 with plenty of room for dancing.