$325,000.00
Asking Price
Status: In Contract
Posting ID: 288863
12/11/24
Description
This rare opportunity not only offers the future ownership ample flexible seating for dining and banquets but also a unique setting along a major Northern California river. Today's operation, after 18 years, still runs very smoothly. The restaurant operates on three different revenue streams; the bar (Type 47 liquor license), dining room, and banquet facilities.
BUSINESS PREMISES
The Bar: The total area is 1,020 sq. ft. room with a U shaped bar. It has seating at the bar with 15 stools and table seating inside the bar area for 35 people with water views. The room leads out to a 1,000 sq. ft. patio with seating for an additional 60 guests and the patio is very popular for warmer days. The regular customers tend to fill the bar daily. The bar revenue has always been solid and consistent.
The Dining Room: A 670 sq. ft. waterfront room overlooking a major river and harbor. This room also doubles as a banquet room as needed. It has a capacity of 60 people.
The Main Banquet room: A 2,000 sq. ft. ballroom with 360 degree windows looks out over the park area to the south, the harbor and river to the west and the courtyard to the north. There are no other comparable venues within the area, so they are the primary venue for weddings, funerals, birthdays and parties. Banquets are the primary revenue generator for the business. Set labor and food costs allow for maximum profit for the restaurant.
Front Private room: This room is a 740 sq. ft. meeting room and accommodates smaller parties and group functions. It is also used for overflow dining and buffet lines. They host weekly meeting events such as the Lions and Rotary Clubs.
Future Operations: Future operators have the flexibility with the lease terms to operate how they see fit. They can operate it essentially as a banquet venue to maximize profits, or expand it to a 7-day a week breakfast, lunch and dinner venue. The extremely low rent gives the owner many options.
To get more information about this Restaurant, Bar & Catering Hall - Water Front business for sale in Solano County please phone Allen Cox (Intermediary, Broker - BRE License #:# 01297408) at 707-804-7228 Cell and 707-804-7228 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #288863 on BizBen.com. In addition to phoning Allen Cox, make sure you email Allen Cox above to get more info about this Restaurant, Bar & Catering Hall - Water Front, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01253061. Santa Rosa Business And Commercial.
Contact
Details
Asking Price: $325,000.00
Down: Call/Email
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Area: Solano County
City: None Given
Attributes:
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The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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