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

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Current Status: Active     Posting #: 253505     Last Refreshed: 9/22/19     BRE License #: 01450190    
Contact: Ryn Longmaid At 707-696-1406 , 707-526-1050  -  Also Email This Contact Below
Price:  $150,000     Down:  Call     Adjusted Net:  Call     Revenue:  Call    
Business Address:  None Given     City:  Larkspur     Zip:  95403    
Attributes:  Absentee Run, Semi-Absentee Run, Training & Support     Cooperation With Brokers?  Yes
Larkspur, Marin County Restaurant - Semi Absentee Run Business For Sale

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For Best Results & Response, Email & Phone This Contact: Ryn Longmaid at 707-696-1406 and 707-526-1050.

  Description About This Posting: Restaurant - Semi Absentee Run
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, franchise, or opportunity. Thank you.

  Related Links And Information Regarding This Posting
Notes
My Posting Notes


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Mike Brewer: Liquor License Broker, ABC Consulting Service

Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.

Harry Sidhu, CBB, Broker: SF Bay Area, Central Valley, SAC Region

Assisting both sellers and buyers of businesses - dealing mainly with Liquor Stores, Grocery Markets, Gas Stations, Smoke Shops, Restaurant Related, Retail Related, Service Related. Serving SF Bay Area, North Bay, Sacramento area. Call Harry Sidhu, CBB for assistance at 510-366-6130.

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Elizabeth McGovern: Escrow Services - San Francisco Bay Area

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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Diane Boudreau-Tschetter: Escrow & Bulk Sale Services - CA

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.


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