Profile: Downtown State St Dining W/Huge Patio And Fully Equipped Kitchen.
|
Ad/Listing Information
|
Contact Information |
 |
|
|
| Seller Or Contact: |
Sharon Hills, Agent
|
|
| Primary Phone: |
805-899-2919 |
|
| Alternate Phone: |
None Given |
|
| Email Address: |
Email This Advertiser |
|
| Date Started: |
12/2/08 |
|
| Date Last Revised: |
12/2/08 |
|
| BizBen Ad #: |
124663 |
|
| Financial Information |
Detailed Information |
|
| Asking Price: |
$499,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$850,000 |
| Annual Adjusted Net: |
$137,000+ |
| Price Range: |
$250,001 to $500,000 |
|
| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
|
|
|
Description:
|
Asking: 499,000
Gross: 850,000
Cash Flow: 137,000+
Ff&e: 350,000
Inventory: 2,500
Business Summary:
- State St. Gem! Add A Patio Wine Bar To Super Size Your Profitability.
- Beautiful, Spacious Downtown Santa Barbara Restaurant
- Ideal Location With High Visibility In Bustling Area Of State. St.
- Warm, Open And Inviting Atmosphere
- Large Fully Equipped Kitchen With Over 350,000 In Remodeling And Well Maintained Furniture/Fixtures/Equipment
- Upgraded Electrical And Plumbing Work
- Beer & Wine License
- Live Entertainment Is Allowed At The Restaurant
- Trained Staff In Place
- Terrific Online Website Included
General Information:
Year Established: 2003
Employees: 9 (5full Time And 4 Part Time)
Facilities: Open And Airy Dining Space With Large 600 Square Foot Patio. 2400 Square Feet @ Only 2.50 Per Square Feet + Nnn. New Lease Expected For 5 Years + 5 Year Option At Similar Low Rent. Big Basement And Upstairs Rooms Now Free.
Market Outlook
Competition: Although There Are Many Fine Dining Restaurants In The Downtown Area This Restaurant Stands Out For Its Unique And Sophisticated Atmosphere, Excellent Customer Service, And Affordable, High Quality, Freshly Prepared Food & Specialty Drinks.
About The Sale
Financing: Owner Would Prefer An All Cash Offer, But Will Consider All Offers.
Support/Training: Seller Will Provide Training
Reason Selling: Owners Pursuing A Franchise Opportunity.
|
For More Info Call: (Please Mention You Saw This Ad On BizBen):
Sharon Hills, Agent at 805-899-2919 Non Disclosure Agreement |
See All Our Other Businesses For Sale We Have Available
|
|
