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Well Equipped Restaurant Prime Concept For Sale

Petaluma, California - North
Asking Price:
$99,000 (USD) Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This fully-equipped restaurant is located on a busy thorough-fare with plenty of access to parking and lots of visibility. Large BOH with receiving door makes the restaurant ideal for a concept with a wholesale and/or catering division. Possible concepts include but are not limited to a sports bar, craft beer tap room, breakfast lunch joint, café or any other numerous concepts. The dining area features a combination of table, booth and banquette seating and there is a bright and sunny private banquet area perfect for birthday parties and after-game team gatherings.

ADDITIONAL DETAILS:

-The restaurant is 4,000 square feet (approx.) with indoor occupancy of 100 (approx.)

-Rent is $5026 (approx.) and includes water. Current term expires April 30, 2019. Landlord will work with a qualified buyer to establish more lease term.

-Restaurant equipment includes a 16’-6” (approx.) Type-1 Hood; 14' x 7'-6" Walk In Refrigerator; 96" Triple Door Low Boy Prep Station; Sunfire 4 Burner Stove with Oven; 2-Double basket deep fryers; Double door refrigerator; Water filtration system; 14 tap beer system with Glycol Chiller; Triple Spindle Milkshake blender ; 5’-0” Flattop Grill; Reach-in Freezer; Warewashing with drainboards, rinse sink an dishwasher; triple sink; two compartment sink; hand washing sinks; mop sink and more

-Restaurant serves lunch and dinner 7 days a week: Sunday-Wednesday 11:00am-8:00pm and Thursday-Saturday 11:00am-9:00pm

-Owner works approximately 40 hours/week with 16 p/t employees: 10 front of house and 6 back of house

-Inventory is not included in the sale and will be removed from premise at the close of escrow

-Premise is licensed with a Type 41 Beer and Wine License


PRICE INCLUDES: Furniture, fixtures and equipment, covenant not to compete training period, leasehold interest, leasehold improvements, and goodwill. Some personal items are not included in the sale.

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers with regard to this information

Property information

Real Estate:

Lease

Lease Terms:

Current term expires April 30, 2019. Landlord will work with a qualified buyer to establish more lease term.

Leasehold Rent:

$60,312 (USD) per annum

Business Operation

Trading hours:

Restaurant serves lunch and dinner 7 days a week: Sunday-Wednesday 11:00am-8:00pm and Thursday-Saturday 11:00am-9:00pm

Employees:
16
Years established:
2014

Other Information

Support & training:

Seller will provide training to a qualified buyer

Contact Information

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