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Sonoma County, California
Asking Price
$575,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
$235,000
Name: Patrick Sheehy
Phone: Show phone number
Name
Patrick Sheehy
Phone
Show phone number
Posting ID:
289109
Attributes:
Broker Cooperation
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Solano County, California
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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.
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This Marin County California ABC Type-47 Full Liquor License can be used on premises for a restaurant or may be converted to a Type 48 for a bar, tavern, or nightclub. This license is transferable to any location in Marin County, California. This license is for a restaurant in the Marin County area. The license authorizes the sale of beer, wine, and distilled spirits for consumption on the license's premises. Authorizes the sale of beer and wine for consumption off the license's premises. Must operate and maintain the licensed premises as a bona fide eating place. Must maintain suitable kitchen facilities and must make actual and substantial sales of meals for consumption on the premises. Minors are allowed on the premises. The list price does not include the ABC fee, the escrow fee & the broker fee, these are all additional costs that will be borne by the Buyer.. To get more information about this Marin County On-Sale Type 47 General Eating Place Liquor License for sale please call or text the listing Broker and if you get voicemail, please leave a detailed message. 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 & that of their financial &/or legal advisors with regard to this information.
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