Contact: Steve Zimmerman At 530-968-4411 - Also Email This Contact Below
Asking Price: $1,640,000 Down Payment: Call / Email
Annual SDC: $356,000
Annual Gross: 1,240,000
Attributes: Broker-Broker Coop, Financial Assistance, Real Estate Included, Real Estate Available, SBA Loan Pre-Qualified
Asking Price: $1,640,000
Location: Tuolumne County, CA
Annual Revenue: $1,240,000
Annual Cash Flow: $356,000
Monthly Rent: Real Estate Included
A long term 25-year SBA loan has been pre-approved for this 2,400 sq. ft Business with Real Estate with its heated 2,500 sq. ft rear covered patio, its own bar, games area and ample seating & storage. Owners have completely renovated this circa 1893 historic building with a large dose of character, style and comfort using only quality materials. Most of the original features remain and have been upgraded to keep the authenticity and architecture of this historic town.
Serving upscale food, craft beers and quality wines in a casual atmosphere while generating over annualized sales revenues in excess of $1.2 million and $350,000 in profits while only being open Thursday Sunday. There is so much opportunity to grow this already outstanding bar & restaurant. The modern kitchen is complete with a 20ft Type 1 hood with fire suppression system, chargrill, flattop, 6 burner stove with oven, 2 deep fat fryers, dual convection oven and proofer. Two 3 door & one 2 door refrigerated worktops, large walk-in fridge, two 2 door upright freezers, large ice machine plus ample stainless-steel work tables. Lots of kitchen toys including robot coupe, panini press, meat slicer, espresso coffee machine & a large emulsion blender.
The front of house has a hand held POS system, 2 terminals, 4 printers and a quality sound system throughout. 9 bar stools and a dining room seating for 75 and a private dining room all surrounded with brick walls & wooden floors. 2 fully equipped ADA bathrooms complete the front customer space. The attractive, covered outdoor patio has its own fully fitted bar and a second walk-in and loads of storage with seating for 50, outdoor games area and string lighting plus a commercial Yoda smoker. After the recent power outages during the summer, the owners installed 2 large electric generators in 2019 which are capable of powering the whole building's electrical needs, so the business can be self-sufficient and continue without interruption.
This is a wonderful opportunity for an experienced husband and wife team (perhaps from a major city) to enjoy the beautiful countryside and immediate perks of being your own boss. To receive more information and discuss this opportunity with the broker along with the broker's connections for a long term SBA loan solution please complete the Non-Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
To get more information about this Restaurant, Real Estate - SBA Loan Pre-Approved business for sale in
Tuolumne County please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 530-968-4411 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #267742 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Restaurant, Real Estate - SBA Loan Pre-Approved, to ask any questions or request an appointment to see this
business for sale. Thank you. License # 01310250. Restaurant Realty Company.