Advert Ref: 5093-RL

Beautiful Restaurant In The Heart Of Downtown Petaluma For Sale

  • Petaluma, California - North
Asking price:
$195,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

This bright and sunny, well-equipped restaurant is located in the historic downtown area of Petaluma in the heart of bustling food scene. The restaurant offers family-friendly table service restaurant specializing in seasonal California farmhouse cuisine with a southern influence and boasts 4.7 stars on Facebook and 4.5 stars on Trip Advisor. The restaurant has tall ceilings and is appointed in with vintage California accents. There are a lot of expansion opportunities as the current owners are open 5 days a week for breakfast & lunch only.


ADDITIONAL DETAILS:

- Kitchen equipment includes: 4’-0” Type-1 hood; 4 burner stove with 24” and two ovens; Turbofan convection oven; Double basket fryer; Single Door Freezer; Triple Door Refrigerator; 3 compartment sink w/ drainboards; hand washing sinks; mop sink

- Dining area includes a combination of table and banquette seating; Vintage decorations including wine cage, plates and serving dishes; acoustic ceiling tiles

- Founded in Aug. 2013, restaurant is open 5 days a week Wednesday-Friday 10:00am-2:00pm and Friday-Saturday 8:00am-2:00pm. Closed Monday and Tuesday.

-2 Owners works fulltime with 12 FOH part-time employees and 6 BOH part-time

-Premise is currently licensed with a Type 41 Beer & Wine license

-Owner will consider seller financing to qualified buyer

Price Includes: Furniture, fixtures and equipment, training period, leasehold interest, leasehold improvements, and goodwill. Some personal items may be excluded from the sale. Inventory valued at approximately 8-10K is not included in the sale and is available for Buyer to purchase at wholesale cost

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.

Property:
Leasehold
Lease terms:
Restaurant is 1,700 square feet (approx.) with occupancy for 55 (approx.) and sidewalk seating for 25 (approx.). Rent is $3,450/month, gross with the current term ending Aug 2021 with one-five year option. Qualified buyer to negotiate lease terms with the landlord.

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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