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Walnut Creek, Contra Costa County, California
Asking Price
$350,000
Revenue
$2,100,000
Down
Call/Email
Cash Flow
$175,000
Reason for sale:
Other interests
Size in Square Feet:
3,500 sqft
Lease Terms:
Rent$25,000 all inclusive Expiration10/31/27 Yearly IncreaseFixed Increases OptionNegotiable DepositContact For Info
Lease Options:
$25,000
Posting ID:
2818798
Business Category:
Restaurants & Food
Business Types:
Bar, Pub, Sports Bar, Lounge, Tavern
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Established Walnut Creek Restaurant & Bar in One of the Strongest Locations in the City with a Unique Outdoor Seating Area
$ 350,000
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Established Walnut Creek Restaurant & Bar in One of the Strongest Locations in the City with a Unique Outdoor Seating Area RRC#: 5119 Asking Price: Offered At $395,000 Location: Walnut Creek Annual Revenue: $2,100,000 Annual Cash Flow: Contact For Info Monthly Rent: $25,000 all inclusive Listing Description: This is one of the strongest locations in Walnut Creek with high visibility and easy access. The restaurant seats approximately 100 and the unique outdoor seating area accommodates a large number of guests. There is a separate bar area with a bar top with several bar tables and bar height tables. The dining room is uniquely designed with high ceilings and has a combination of booth, banquet and individual table and chair seating. There is a display kitchen, a prep kitchen, a dishwashing area, managers office, several storage areas and ADA restrooms. Some of the equipment includes as follows: 20′ type 1 hood with fire suppression system, smoker, 2 double basket fryers, 6 burners over oven, 2′ char grill, a 5 station unique cooking area for specialty foods, microwave, large walk-in refrigerator and freezer, 1 door under counter freezer, 1 door under counter refrigerator, 2 -3 door under counter refrigerators (1 with sandwich station on top), many large screen TV’s throughout, TOAST POS system, 2 door under counter refrigerator with 4 beer taps on top, 2 ice bins, 3 compartment sink, 3 beer taps over 1 door under counter refrigerator, many hand sinks throughout, mop sink, dishwasher, ice machine and slicer, etc. The past sales for this business are as follows: 2022 – $2.6+ million; 2023 – $2,9+ million; and 2024 – $3.2+ Million. A strong operator with a new concept should be able to generate in excess of $3.5 million sales in this outstanding location. General Information: Organization: Corporation Established: Contact For Info Current Owner: Contact For Info Employees: Contact For Info Reason For Sale: Other Interests Financial Information: Monthly Revenue: $175,000 Monthly Cash Flow: Contact For Info Annual Revenue: $2,100,000 Annual Cash Flow: Contact For Info Payroll: Monthly Revenue: $175,000 Monthly Cash Flow: Contact For Info

Contra Costa County, California
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Contra Costa County, California
KOREAN BBQ, BAR & SUSHI WITH REAL ESTATE - SBA LOAN PRE-APPROVED/ FREE STANDING BUILDING WITH PATIO & PARKING LOT- CONTRA COSTA COUNTY
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The Korean BBQ, BAR and Sushi with Real Estate is located in one of upscale neighborhoods in Contra Costa County, California. This property boasts attractive interior structure and is positioned on a high-traffic boulevard and ensuring maximum visibility to many passersby. Moreover It is surrounded by Hotels, Commercial buildings and Residential Area. The buyer can keep current business concept or can convert to any kind of restaurant. Must see!!! ▶ Asking Price: $3,960,000 (Business + Real Estate) - Business: $360,000 - Real Estate: $3,600,000 / Cap Rate 5%+ - SBA Loan: Available for the qualified buyers/ Pre- Approved ▶ Business Facts: - Type: Restaurant - Korean BBQ, Bar & Sushi - Size: 4,233 SF - Rent: $15,000 + NNN (If purchase the business only) - Revenue: $100K+/month (Seller's claims/ not verified by listing broker) - Start year of Operation: 11/2019 (by current owner) - Seats: Inside 136 + Patio 20 / 11 Table Grills for 66 Seats and Table Hood - License & Permits: ABC Type 41 Beer & Wine, Health Permit, Business License - Kitchen: Full Kitchen Equipment, 20+ Feet Type 1 Hood, Walk-in Cooler and Freezer, ETC. - Hours: Mon-Thu (4PM-12AM), Fri- Sun (12PM-3PM/ 4PM-12AM) - Employees: 10 +/- - Parking: 21 Spaces + Street - Training: Seller will train the buyer. - Reason For Sale: For rest ▶ Real Estate Facts: - Property Type: Restaurant - Building Size: 4,233 SF - Lot Size: 18,295 SF (0.42 Acres) - Building Hight: 1 Story / Free Standing - Year Built: 1962 - Cap Rate: 5%+ - Use Code: Restaurant DISCLAIMER: All above information contained in this offering memorandum resulted from representations by Seller. The listing broker, Supra Business Realty, cannot and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.

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