Advert Ref: 5084-B

Restaurant And Lounge With Banquet Room & Patio For Sale

  • Sonoma County, California - North
Asking price:
$100,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

Upscale American eatery located in a dynamic retail center with national anchors as well as locally owned retailers. The restaurant offers multiple guest experiences with a bar and lounge area, dining room, banquet room and outside patio. The restaurant was recently remodeled and features an open line and a well-equipped kitchen., bringing the whole dining to a new level of quality and beauty. This opportunity comes fully equipped with a 10 tap kegerator in the bar, a large walk-in refrigerator, 10 burner stove, 2-door freezer in the kitchen, and much more. Current operator offers classic California cuisine including steak, pizza and creative salads, but the premise will accommodate most any cuisine to this beautifully appointed restaurant.

*** Premise is currently licensed with at Type-47 full liquor license which is also available to purchase for $175K ***

ADDITIONAL DETAILS:

-The restaurant is 3,325 sq.ft. (approx.) with dining room seating for 40 (approx.), bar seating for 24; banquette room occupancy of 45 (approx.) and outdoor seating for 24 (approx.)

-Rent is $5,291 (approx.) + CAM. Current term expires 2027 with a 5-year option

-Equipment includes a 10-tap kegerator; 16’-0” (approx.) Type-1 Hood; 6’-0” (approx.) Type-2 Hood;10-burner stove w/ two ovens; 3’-0” flat top grill; 11’ X 8’ Walk-in refrigerator; ice machine; triple ware washing sink with spray nozzle, drainboards and dishwasher; prep sink; hand washing sinks; mop sink and much more

-Restaurant was founded in 2017 and is open daily: Friday 11am – 2am; Saturday 10am – 2am and Sunday-Thursday 11am – 9pm; with happy hour daily from 3pm – 6pm

-Owner works fulltime in the restaurant with (28) 14 f/t and 10 p/t employees

-Inventory valued at $20K (approx.) is not included in the purchase price

Price Includes: Furniture, fixtures and equipment, training period, leasehold interest, leasehold improvements, and goodwill. Some personal items may be excluded from the sale. Inventory 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

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

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