Established Remodeled Restaurant And Bar + Large Apartment Unit-price Reduced
Asking Price: $195,000
Location: On Mission Street, Daly City, California
Yearly Revenue: $600,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $6,000
This long established restaurant is on a major thoroughfare and has strong visibility. The restaurant was recently remodeled and has a full kitchen, banquet room, separate bar and cocktail lounge, prep kitchen, large dining room with booth seating, banquette seating and tables and chairs, large basement, office and lots of storage. There is also a large 2 bedroom apartment for the restaurant operator or it can be rented out for the market rent which could be approximately $2,000 month. If you net out the value of the apartment the rent is only $4,000 month. Some of the equipment includes as follows: 12'' type 1 hood with fire suppression system, double basket fryer + single fryer, 3'' x 3'' flat grill, 2 door under counter refrigerator + sandwich station, 2 utility sinks, 7'' char broiler, 2 full door glass refrigerator, walkin refrigerator, ice machine, 3 compartment sink + rinse hose, 2 full door freezer, full door refrigerator, microwave, 5 compartment steam table, hand sink, 1 door under counter refrigerator, stock pot burner, 3'' x 3'' chargrill, 2 burners, 6 burners over oven, 15 employee lockers. The large apartment unit includes 2 bedrooms, 1 1/2 baths, full kitchen, living room area and patio. There are also garages for the apartment units and the apartment unit has its own entrance.
Organization: LLC | Employees: 16 PT, 2 FT | Seating: 100 approx + 15 in banquet room | Square Footage: 2,500 aapprox + 1,500 apartment + large basement | Parking: Street and some parking on site | Licenses Required: Business, ABC Type 47 (hard liquor) | Days Open/Hours: S-Th 11a-9/10p F,SA 11a-2a | Reason For Sale: Other Interests |