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For Sale: Restaurant - Semi Absentee Run - Larkspur, Marin County

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Current Status: In Escrow     Posting #: 253505     Last Refreshed: 10/19/20    
Contact: Ryn Longmaid At 707-696-1406 , 707-526-1050  -  Also Email This Contact Below
Asking Price:  $150,000     Down Payment:  Call / Email     Annual SDC:  Call / Email     Annual Gross:  Call / Email    
Business Address:  None Given     City:  Larkspur     Zip:  95403    
Attributes:  Broker-Broker Coop, Absentee Run, Semi-Absentee Run, Training & Support
View All For Sale & Wanted To Buy Postings & Content From Ryn Longmaid
This vibrant restaurant located in the downtown core of Larkspur is a local's favorite often having line out the door. Restaurant serves breakfast, lunch and dinner with a focus on Mexican cuisine. Owners are absentee. Well-equipped kitchen with open line, this restaurant could be operated as-is or new operator could introduce a new concept!

Additional Details:

-Restaurant is 846 sq. ft. (approx.) with additional storage totaling 42 sq. ft. (approx.). Dining area seats 32 (approx.) with 2-two tops outside.

-Rent is $4,000 monthly, gross with current term expiring August 2021. Landlord will negotiate a longer-term lease for a qualified buyer.

-Equipment includes 14'-0' (approx.) Type-1 Hood; Imperial 6-burner stove with oven; Wolf 36' charbroiler; 36' flattop grill; Double basket fryer; Manitowoc ice machine; single door refrigerator; double door freezer; triple door refrigerator; prep refrigerator; three compartment sink; one compartment prep with spray nozzle; hand washing sinks; mop sink and more.

-Established in 1999, the restaurant is open 7 days a week: Monday-Saturday, 10:30am - 9:00pm and Sunday, 10:30am - 8:00pm.

-Absentee ownership with 4 full-time with 8 part-time employees.

-Inventory of approximately $6,500 is not included in the purchase price.

-Premise is licensed with at Type-41 Beer and Wine ABC license.

Price Includes: Furniture, fixtures and equipment, training period, leasehold interest, leasehold improvements, and goodwill. Some personal items may be excluded from the sale. Inventory is not included in the sale and is available for Buyer to purchase at wholesale cost.

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 with regard to this information.

To get more information about this Restaurant - Semi Absentee Run business for sale in Larkspur, Marin County please phone Ryn Longmaid (Intermediary, Broker - BRE License #:01450190) at 707-696-1406 and 707-526-1050 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #253505 on BizBen.com. In addition to phoning Ryn Longmaid, make sure you email Ryn Longmaid above to get more info about this Restaurant - Semi Absentee Run, to ask any questions or request an appointment to see this business for sale. Thank you.

Larkspur, Marin County Restaurant - Semi Absentee Run Business For Sale

Email Ryn Longmaid Below About This Posting
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For Best Results & Response, Email & Phone This Contact: Ryn Longmaid at 707-696-1406 and 707-526-1050.
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Featured Fast Track Postings: Motivated Owner/Sellers & Business Buyers

For Sale: Breakfast Lunch Cafe Restaurant - Profitable In Mill Valley, Marin County , California
Contact: Jeff Back: 925-736-8200
Status: Active  Posting #: 267340  Refreshed: 4/11/2021
Asking Price: $76,000  Down Payment: Call / Email  Annual SDC: $56,063  Annual Gross: $170,138
Attributes: Training And Support
Fast Track Posting Breakfast Lunch Cafe restaurant business with outside seating for sale in Mill Valley, Marin County, California. On the water. 5 day a week operation. Remodeled in 2018. One employee cafe with catering, delivery, on site dining- profitable. Lease: Term until July 31, 2023 + (1) 5 year option. Based on first quarter 2021 annualized: Sales: $170,138 Net Income: $56,063. Owner works M-F 11-2 PM.
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For Sale: Burgers and BBQ Restaurant With Real Estate In North Bay Area, California
Contact: Lisa Hemenway: 707-290-9337 Cell, 510-708-6682 Text
Status: Active  Posting #: 267171  Refreshed: 4/5/2021
Asking Price: $1,400,000  Down Payment: Call / Email  Annual SDC: Call / Email  Annual Gross: $750,000
Attributes: Broker-Broker Coop, Real Estate Available, With Real Estate, Training And Support
Fast Track Posting Located near a high traveled freeway, Hamburger Ranch has built a tremendous legacy through many years of great food and excellence ambiance. This 'world famous' roadhouse is known for its juicy burgers, slow-cooked BBQ, specialty sandwiches, and much more. Asking Price: $1.4M. Gross Sales: $750K.
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