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San Joaquin County, California
Upscale Restaurant And Bar - SBA Approved
Asking Price
$899,000
Revenue
$3,000,000
Down
Call/Email
Cash Flow
$458,000
Name: Manjit Singh
Phone: Show phone number
Name
Manjit Singh
Phone
Show phone number
Description
A very successful, upscale restaurant and bar known for its unique menu was established in 2022 and has experienced a consistent increase in revenue since then. The beautifully decorated establishment is in a diverse and affluent town in San Joaquin County, California, near Highway 5 and wine country, making it an attractive destination for a high-end clientele. The area experiences high foot and vehicle traffic, further adding to its appeal. The menu features flavors from the Mediterranean, Southeast Asia, Europe, and the United Kingdom, complemented by high-end wines and hand crafted cocktails. The bar is known for its craft cocktails as they make everything from scratch from syrups to fresh juices. The restaurant caters to group dining and hosts events like wine pairing, scotch and tequila tasting, special Thanksgiving meals, etc. This is not to forget group dining for holiday parties, corporate gatherings, and special occasions like birthdays and weddings. The business occupies two stories, with a full-service bar and dining area on the main floor and a private dining area, upstairs balcony, and office on the second floor. The building also has a residential unit that can be converted into a banquet room or used as a residential quarter for the new owner. PRINCIPALS ONLY !
Listing Details;
* Total building square foot: 6,846.
* Restaurant space: 5,983 square feet | Residential studio: 863 square feet, can be rented separately.
* Lease: 10 years with options to renew
* Rent: 5983 x 2.60 = $15,556 monthly (4% yearly increase) plus triple net charges of $1,735 monthly. Total rent: $17,291; this is all-inclusive.
* Seating capacity: Main-level dining room, 60; Lounge, 60; Bar, 20; patio 20, | Upper-level private dining room & patio 40.
* License & permits: Type 47 liquor, health, and business licenses. All transferable.
* Employees: 12 full-time, 6 part-time.
* Hours: 11 am–9 pm, seven (7) days a week.
* Parking: Street and parking lots
* Reason for sale: Retirement
Revenue:
For revenue and financial details, qualified prospects can contact the listing broker to discuss pre-qualification and provide proof of funds. Upon verification of these documents, the broker will provide the necessary financial information.
Financing:
All Cash. Additionally, it's SBA-approved.
The Seller has provided all the information in the offering memorandum, but MS Real Estate Inc., the listing broker, has yet to verify it for accuracy or completeness. Therefore, it is the responsibility of both the Sellers and Purchasers to verify the information themselves. MS Real Estate Inc. strongly recommends that you seek the help of legal and financial advisors to help you with this process.
Posting Information
Posting ID:
289102
Business Category:
Restaurants & Food
Business Types:
Full Service, Dine In Restaurant
Bar, Pub, Sports Bar, Lounge, Tavern
Keywords:
San Joaquin County, california, full service, bar
Attributes:
License (Liquor, etc.)
SBA Loan Pre-Qualified
Training And Support
Attachments
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Upscale Restaurant And Bar - SBA Approved
Posting ID
#289102
Full Name (Required)
Email (Required)
Phone (Required)
Your NDA Request has been Sent!
Please check your email for updates — the seller will send you the NDA to review and sign before sharing any confidential details.
Agent, Broker or Seller Contact
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