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Businesses For Sale   >>   Banquet Businesses For Sale   

Established Restaurant, Full Bar & Banquet Room

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $792000
Net Profit / Cash Flow  $180000
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  
Established Restaurant, Full Bar, Banquet Room + Outdoor Seating With $180,000+ Profit-price Reduced RRC#: 2077 Asking Price: $345,000 Location: In Shopping Center, Marin County, California Yearly Revenue: $792,000 Yearly Cash Flow: $180,000 Monthly Rent: 8,701 all inclusive LISTING DESCRIPTION: This is a unique opportunity to purchase an established and profitable restaurant and bar in a very desirable location. The majority of the customers are regular customers who have been patronizing the business for decades. There is an attractive dining room, banquet room which is used for overflow seating, a separate bar and cocktail lounge with granite bar tops, outdoor seating area, full kitchen and prep kitchen. Some of the equipment includes as follows: 21'' type 1 hood with fire suppression system, 6 burners over oven, 12 burners, 4 under counter refrigerator drawers, 3'' x 3'' char grill, 3'' x 3'' flat grill, double basket fryer, 1 deck pizza oven, 2 - 1 door under counter refrigerator + sandwich station, 2 compartment steam table, full door refrigerator, slicer, 2 full door glass refrigerator, walk-in refrigerator, 1 door under counter freezer, 2 group espresso machine, 3'' - 2 shelf glass display refrigerated case, wood burning oven, rotisserie, POS system, 2 full door glass refrigerator, dish washing sink + rinse hose, 2 compartment sink, 1 compartment sink, ice machine, hand sink, walk-in freezer, 2 door under counter refrigerator, ice bin and 3 compartment sink, etc. There are also storage areas and 2 newly remodeled ADA restrooms. NO BROKER COOP. GENERAL INFORMATION: Organization: Sole Proprietorship | Year Established: 30+ | Seating: 85 dining room + 25 in bar + 40 in banquet room | Square Footage: 3,200 approx | Parking: Parklng lot | Licenses Required: Business, ABC Type 47 (full liquor) | Days Open/Hours: 7 / Lunch and Dinner | Reason For Sale: Other Interests |


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