Restaurant And Bar For Sale - San Joaquin County

Profit $105,000 on $800,000 sales for sports bar & restaurant near modesto with hard liquor license

Rrc#: 2885
Asking price: $195,000
Location: san joaquin county, san joaquin county, california
Yearly revenue: $792,000
Yearly cash flow: $105,000
Monthly rent: 4444.42 inclusive

Listing description:
Price reduced to $195,000 for this 3,670 sq ft modern sports bar and restaurant located near manteca. There is a 1,500 sq ft bar with 16 craft beer''s on tap. Full hard liquor abc type 47 license included and seating for 50 with a pool table, juke box, electronic dart boards, multiple tv''s and a high quality sound system. The separate dining room has seating for 60 with a combination of community & regular tables. Both areas are fully air conditioned with wall mounted flatscreen tv''s, bar memorabilia and a cement floor throughout for greater appeal and ease of maintenance. Included is a modern pos system which connects throughout the bar and restaurant to the ultra clean fully loaded kitchen. A 20 ft stainless steel type 1 hood with fire suppression system, 2 double deep fryers, 4ft flattop with oven, 6 burner stove with oven and 2 large pot stove burners. A walk-in cooler, plus 3 upright double and 1 triple door refrigerators and freezers, 3 refrigerated worktops and ample s/s worktop with slicer, multiple shelves, sinks and dishwasher. A separate office just off the kitchen is complete with computer, printer, fax machine and a 16 camera security system with ample filing cabinets. Current annual sales of $800,000 with profits of $105,000 and the business is currently closed on monday''s. Annually that''s 52 days of missed income that wouldn''t take much effort to increase sales up to the $1 million mark and with rent at around $1 per sq ft, the profits would only increase. This opportunity is for sale for $195,000 and the seller may carry a portion of the sale to experienced, well qualified buyers with good credit. Please complete the ��non disclosure agreement' on our site and we will send you the name and address with the financial information, lease & the full list of equipment included with the purchase. We'll also send you the broker''s contact information so you can discuss this opportunity in more detail.

General information:
Organization: sole proprietorship | year established: 2000 | current owner: 2006 | employees: 12 | seating: 95 | square footage: 3670 | parking: 40+ | licenses required: health, business & abc type 47 license | days open/hours: tues - thurs 11am - 11pm fri & sat 11am - 1am sun 11am - 10pm - monday closed | reason for sale: other interests |

Financial information:
Yearly revenues: $792,000 | yearly cash flow: $105,000 |

Lease information:
Monthly rent: 4444.42 inclusive | lease expiration: 2024 | lease option: two 5 year options | security deposit: 4800 |