$199,000.00
Asking Price
Address: 94574.
Status: Active
Posting ID: 281491
10/4/23
Description
This is a beautiful Italian-style cafe and gelateria that features craft beers and wines on tap. The daily fare includes panini, soups, delectable salads, espresso, and an array of gelato. Guests dine in the open and casually elegant dining room, airy patio on Main Street, or in the privacy of a comfortable, private nook lined with couches. The restaurant is open early for a European breakfast experience and closing hours flex with the occurrence of popular sporting events. Buyers operating onsite could increase profits.
ADDITIONAL DETAILS:
-The restaurant is 2,400 sq ft (approx.) with an inside occupancy of 79 & patio seating for 14
- Percentage lease with $10,184 monthly rent (approx) a natural breakpoint after which rent is 8% percent. NNN is approximately $2,000 monthly. The current term ends April 2028 with two (2) 5-year options.
-Dining room features a large, wrap-around, ADA-compliant bar with seating for 10; wall bench seating on both sides of the roomy dining area with six 2-top marble tables and one 4-top marble table; 15'-0' (approx.) Gelato, round-top merchandiser; 4 hand sinks; nook offers semi-private seating with 3 leather couches
-Clean and well-lit kitchen features a 5' 6' Type-1 hood: 6'-8' Type-2 hood; and 9'-0'; a 6' X 5' Walk-in refrigerator; 7' X 5' Walk-in freezer; a single unit 6 burner stove, oven, and 2-basket deep fryer; 2-door refrigerator; triple sink; hand sinks; prep sink and more
- Seller works remotely as the GM for approx 20 hours per week and is onsite 2 weeks per month. There are 4 full-time and 11 part-time employees. The seller owns 2 businesses in the LA area. Buyers who can dedicate more time onsite will have better control of expenses and should be able to cut labor costs.
- Cafe has operated in this location since 2010 with a remodel and expansion in 2012. Current owner since June 2018
- Open 7 days a week. Monday-Thursday 6:30am-9:00pm; Friday 6:30am-10:00pm; Saturday 7:00am-10:00pm; and Sunday 7:00am-9:00pm
- Premise is currently licensed with ABC Type-41 Beer and Wine License
PRICE INCLUDES Furniture, fixtures and equipment, leasehold interest, leasehold improvements, and goodwill. Brand, DBA, menu, recipes, and concept are not included in the sale. Some personal items may be excluded from the sale.
Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers regarding this information
To get more information about this Italian Restaurant - On Highway 29 business for sale in please phone Ryn Longmaid (Intermediary, Broker - BRE License #:01450190) at 707-503-9335 Text and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #281491 on BizBen.com. In addition to phoning Ryn Longmaid, make sure you email Ryn Longmaid above to get more info about this Italian Restaurant - On Highway 29, 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: $199,000.00
Down: Call/Email
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Area:
City: None Given
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My Notes About This Listing
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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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