Restaurant For Sale - Novato, California      
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Restaurant For Sale - Novato, California


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Related Categories:  Restaurants for Sale & Food Related Businesses For Sale 

Related Types:  Miscellaneous Restaurant Related Businesses For Sale 

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Profile: Landmark Freestanding Restaurant-Freeway Frontage.

Ad/Listing Information
Status: Off The Market
State: California
Location: SF Bay Area
Area: San Francisco Bay Area
County: Marin
City: Novato
Primary Category:   Restaurant Related
Secondary Category:   None Given
   
 
 
 
 
 
 
  
 
Financial Information Detailed Information
Asking Price:      $195,000
Down Payment:      Call/Email
Annual Revenue:      Call/Email
Annual Adjusted Net:      Call/Email
Price Range:      $100,001 to $250,000
Franchise:      No
Relocatable:      No
Home Based:      No
Real Estate Included:      No
Bkr To Bkr Coop:      Yes


Description:
Landmark Freestanding Restaurant-Freeway Frontage-Private Patio-Turnkey- Upside Plus!

Rrc# 1305
Location: Marin County, California
Offered At: 195,000

Listing Description
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This Is A True Turn Key Restaurant With A Long Standing Clientele, Excellent Freeway Access And Visibility, Private Parking Area, Along With Significant Upside To Expand The Current Sales. The Spacious But Intimate Interior Features High Beamed Ceilings, Brick Floors And Framed Glass Frontage. The Beautiful Outside Patio Seating Is A Focal Point For Regular Business And Special Events And In-House Catering. The Full Kitchen, With A 10' Type 1 Hood, Is Equipped With A 6-Burner Range With Oven, Double Fryer, 3' Char Broiler, 2' Griddle, 4-Burner Sauté' Station, 3-Pan Steam Table, Convection Oven Plus Stainless And Butcher Block Work Tables. There Is A Walk-In Refrigerator And Freezer, 3- Door Under Counter Fridge, 3-Door Pizza Prep., And Wine Fridge. Microwave, Slicer, Meat Grinder, 1-Group Espresso Machine, Coffee Machine, 2-Compartment Sink, 2-Compartment Sink, Hand Sinks, Dishwasher Are Also Included. There Is A Separate Pantry And Storage Room Adjacent To The Kitchen. With The Current Owner Presently Working On A Reduced Schedule And Operation's Modest Operating Hours, It's Quite Obvious That The Business Is Operating At Less Than Its Full Potential. Expanded Operating Hours To Increase Sales Revenue Could Be Achieved By Opening For Weekday Breakfast And Early Weekend Brunch, Extending The Lunch Hours To Run Into The Dinner Hour, Which Should Also Be Expanded. The Location's Great Visibility Could Also Be Enhanced With Additional Signage To Capture The Traffic From Commuters, Locals And Weekend Travelers. The Landlord Will Agree To A Graduated Rent Structure To Allow A New Owner To Become Established. Seller Is Open To A Carry-Back!
Please Visit Http://www.restaurantrealty.com/

General Information
-------------------
Organization: Corporation
Year Established: 1993
Seating: 60 Inside, 60 Outside
Square Foot/Size: 2,300
Parking: Private Parking Lot, Street
License(S) Required: Business, Type 41 Abc
Days Open/Hours: Mon 11a-2ptu-Fri 11a-2p,5p-9psat 5p-9psun 10a-2p,5p-9p

Financial Information
---------------------
Revenue: 50,000 / Month
Cash Flow: 6,000 / Month

Lease Information
-----------------
Lease Rent: 6,200 / Month
Lease Expiration: 2013
Yearly Adjustment: Negotiable
Lease Option: 5 Years
Security Deposit: 6,200.