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For Sale: Italian Restaurant, 47 License - Strong Cash Flow - North Bay Area


Current Status: Active     Posting #: 263947     Last Refreshed: 5/11/21    
Contact: Ryn Longmaid At 707-503-9335 , 707-503-9335 Text  -  Also Email This Contact Below
Asking Price:  $279,000     Down Payment:  Call / Email     Annual SDC:  Call / Email     Annual Gross:  Call / Email    
Business Address:  2101 F     City:  Santa Rosa     Zip:  95401    
Attributes:  Broker-Broker Coop, Training & Support
Beautiful Italian restaurant in a great location with low rent and SDE of over $130K in 2019 while operating only 4.5 days/week. This is the perfect business for a chef looking to own a restaurant while maintaining work/life balance or as a second location to an existing restaurant. Current owner will train a qualified buyer. The restaurant is uniquely situated to operate well under Covid-conditions due to quick and easy access to the freeway for delivery and ample outdoor dining. Low rent lends itself to operate as a ghost kitchen while an operator could still enjoy healthy revenue with onsite sales due to the large dining room and outside seating. If desired, Buyer can easily increase revenue by expanding hours, developing on and off-site catering, and leveraging the Type 47 full liquor license by developing a beverage program. Seller may consider financing to a qualified buyer.

ADDITIONAL DETAILS:

-The restaurant is 2114 sq. ft. (approx.) with an inside occupancy of 75 and patio seating for 40. Elegant, sound proof, floor-to-ceiling drapes provide flexibility in dining room seating allowing for private dining for up to 24 guests

-Rent is incredibly low for the area at $3,700 gross which includes water and sewer. Current lease terms expire February 28, 2030. Lease is assignable to qualified buyer.

-Dining room features tall ceilings with large windows, exposed brick and metal structural features. Combination seating offers a mix of banquettes, tables and bar as well as patio seating in a the beautifully landscaped courtyard that features a large, original water fountain that lends a calming and dynamic atmosphere.

-Back-of-the-house has a semi-open line that features a 15'-0' Type-1 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

- Chef/Owner works fulltime with 4 full-time and 3 part-time employees (in the kitchen) and 11 part-time FOH. We had 8 FT equivalent employees.

- Restaurant has operated since 2007 and has enjoyed the benefit of or a loyal customer base for 13 years.

-Under pre-covid conditions, operated 4 1/2 days a week serving: Lunch 11:30am-2:30pm Tuesday-Friday and Dinner 5:30-9:00pm Tuesday-Thursday and 5:30-9:30pm Friday and Saturday. Closed Sunday and Monday.

- Premise is currently license with ABC Type-47 Full liquor license

- Very loyal client base for last 13 years

Price Includes: Furniture, fixtures and equipment, leasehold improvements, menu, recipes, DBA and goodwill are included in the sale. Fixed assets are property of the landlord and some personal items may be excluded.

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 Italian Restaurant, 47 License - Strong Cash Flow business for sale in North Bay Area please phone Ryn Longmaid (Intermediary, Broker - BRE License #:01450190) at 707-503-9335 and 707-503-9335 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #263947 on BizBen.com. In addition to phoning Ryn Longmaid, make sure you email Ryn Longmaid above to get more info about this Italian Restaurant, 47 License - Strong Cash Flow, to ask any questions or request an appointment to see this business for sale. Thank you.

North Bay Area Italian Restaurant, 47 License - Strong Cash Flow 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 707-503-9335 and 707-503-9335 Text.
Qualifying Business Buyers
Steve Colburn SBA Loans Western Region





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For Sale: Vietnamese Restaurant - Can Convert In Sonoma County, California
Contact: Ryn Longmaid: 707-503-9335 Text
Status: Active  Posting #: 267811  Refreshed: 5/13/2021
Asking Price: $79,000  Down Payment: Call / Email  Annual SDC: Call / Email  Annual Gross: Call / Email
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For Sale: Deli Franchise Restaurant - Profitable, Good Lease In Sonoma County, North Bay, California
Contact: Cheryl Maloney : 415-309-2722 Cell, 415-309-2722 Text
Status: Active  Posting #: 264436  Refreshed: 5/13/2021
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Fast Track Posting Popular and profitable deli franchise. Family owned for 32 years. 1,900 sf. Monthly lease $4,900. Exclusive rights to the shopping center. Outdoor seating area.ADA bathrooms. Very busy and beautiful shopping center with the deli being the only one around.
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For Sale: Breakfast Lunch Cafe Restaurant - Profitable In Mill Valley, Marin County , California
Contact: Jeff Back: 925-736-8200
Status: Active  Posting #: 267340  Refreshed: 5/1/2021
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Fast Track Posting Breakfast Lunch Cafe restaurant business with outside seating for sale in Mill Valley. On the water. 5 day a week operation. Remodeled in 2018. One employee cafe with catering, delivery, on site dining- profitable. Lease until July 31, 2023 + (1) 5 year option. Owner works M-F 11-2 PM.
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