Asking Price: Offered At $395,000
Location: Marin County
Annual Revenue: $945,217
Annual Cash Flow: $299,700
Monthly Rent: $6,656
This business has been pre-approved for an SBA loan so with 20% cash down the bank will finance 80% of the purchase price. This established restaurant is in a high end demographic location and operates only for dinner five nights a week and is an excellent opportunity for an owner operator. There is upside for an additional two days of business plus lunch 5 days week and brunch on the weekends but for lifestyle reasons the owners have chosen the limited hours it operates. The restaurant has an excellent reputation and each years sales and profits have increased (15% growth two most recent years). The restaurant has a very charming intimate decor that has open airy feeling with a high ceiling, skylight, ceiling fans and a comfortable dining room including tables and chairs and banquette seating. There is also a good sized enclosed open patio with outdoor heaters which is used almost all year round. There is a also a full kitchen, storage room, liquor storage room and ADA bathrooms. Some of the equipment includes as follows: 9 type 1 hood with fire suppression system, 12 burners over 2 ovens, 3 -1 door undercounter refrigerators (1 with sandwich station), 3 -2 door undercounter refrigerators (1 with sandwich station + 1 with 3 taps), 2 -2 full door refrigerator, slicer, utility sink, counter mixer, 3 door undercounter refrigerator + sandwich station, 2 compartment sink, dishwashing sink + rinse hose, dishwasher, Robot Coupe, ice cream machine, 2 full door glass wine refrigerator, POS system, 3 coffee grinders, single unit coffee maker, 1 group espresso machine, ice machine, 5 employee lockers and 2 full door freezer, etc. A new long term lease is available to a qualified buyer.
Organization: Sole Proprietorship
Established: 18 years
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests
To get more information about this Restaurant - Well Established business for sale in
Marin County please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 415-945-9701 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #246683 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Restaurant - Well Established, 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
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
With over 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, and ABC District Offices, my company Liquor Licenses of San Francisco Bay Area is very qualified to resolve all of your concerns during the liquor license transfer process.
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.
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.
I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process.
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
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Jim Saxton - 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, ABC District Offices, my company Liquor Licenses of SF Bay Area is very qualified to resolve all of your concerns during the liquor license transfer process. 925-787-0770.
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