Posting Details

Highly Profitable Restaurant - Upscale Area For Sale - Contra Costa County

Highly Profitable Restaurant In Upscale East Bay Community$1.3 Million Annual Sales$160,000 Profit

#: 2981
Asking Price: $395,000
Location: Contra Costa County, Contra Costa County, California
Yearly Revenue: $1,320,000
Yearly Cash Flow: $156,000
Monthly Rent: $6,500

LISTING DESCRIPTION:
This popular restaurant is located on a main street in a desirable town with high-end demographics. It is open for lunch and dinner, serving refined Mexican-inspired California cuisine in a country chic atmosphere. It has a full liquor license, and the restaurant is known for its cocktails. It's the kind of place where you could sit on the wonderful patio for hours sipping margaritas on a hot summer day. The inside of the restaurant seats 45 outside patio area seats 49. The restaurant is housed in a free-standing building, located on a major thoroughfare, near retail and professional offices. There is a dedicated customer parking lot. This successful business has yet to reach its full potential. The open kitchen includes a wood burning grill (which the restaurant is known for), a walk-in refrigerator, one 6' hood and one 8' hood, one fryer, one 6-burner stove, a 2-door under-counter refrigerator with prep station, a 3-compartment sink, a dishwasher, an ice machine, lockers for employees, and 2 ADA restrooms. SBA Financing available.

GENERAL INFORMATION:
Organization: LLC | Seating: 49 Indoor 49 Outdoor | Square Footage: 1679 | Parking: Parking Lot and Street | Licenses Required: Business, ABC Type 47 | Days Open/Hours: 11:30am - 9pm Tuesday - Thursday 11:30am-10pm Fri/Sat 11:30am-8pm Sun | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,320,000 | Yearly Cash Flow: $156,000 |

LEASE INFORMATION:
Monthly Rent: $6,500 | Lease Expiration: Negotiable | Lease Option: Negotiable
The listing # 242121 Highly Profitable Restaurant - Upscale Area - Contra Costa County below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Highly Profitable Restaurant - Upscale Area in Contra Costa County please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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