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Businesses For Sale   >>   Banquet Businesses For Sale   

Real Estate Included, Large Bar & Restaurant

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1344000
Net Profit / Cash Flow  $204000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1935
Number of Employees  35 - 49
Relocatable  Not Disclosed
Number of Employees  35 - 49
Real Estate  Leased

Description  
Real Estate - Bar & Restaurant - Annual Profits Exceed $200k - 30 Minutes From Sacramento RRC#: 2013 Asking Price: $695,000 Location: Northern California, Northern California, California Yearly Revenue: $1,344,000 Yearly Cash Flow: $204,000 Monthly Rent: Contact For Info LISTING DESCRIPTION: Real Estate Included and SBA bank loan pre-approved make this successful bar and restaurant a must see. Located just 30 minutes north of Sacramento this 6000 sq ft building sits on 3/4 acre of land with an outdoor patio and large car lot. ''PROFESSIONAL VIDEO AVAILABLE.'' Annual sales have exceeded $1.3 million consistently these past 3 years and annual profit exceeds $200k. Busy local''s bar, large restaurant and banqueting room make this business so well diversified. The owner is totally absent and managers are expensive so a huge wage savings could be made by a new owner being the manager of the day to day operations. The large modern kitchen is ample to take this business on to new heights. The cooking line includes a 12ft hood, modern Ansel system, stoves, ovens, fryers, double Alto-shaam oven, fridge work tops and broiler. A huge list of other kitchen equipment includes: 3 walk-in fridges and 1 walk-in freezer, large commercial meat slicer, food processor and many other appliances. This kitchen is fully loaded! The Dining room has quality furniture seating 120, a separate banqueting room seating 50 and an outside patio seating an additional 50. The dining room is separated well, allowing for 2 simultaneous banquets while still having the restaurant open for 60. The separate Bar seats around 70 and at 1,400 sq ft with quality wood throughout, is the local''s favorite and is a highly successful bar business all on it''s own. Bose Juke Box system and live music make this bar THE happening place in town. There is a modern POS system throughout the bar and restaurant, a customer buzzer pager system.


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