Advert Ref: 5152

Restaurant In Busy Commercial Center For Sale

  • Petaluma, California - North
Asking price:
$99,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

Popular restaurant located in a busy commercial center with a fully equipped kitchen that includes a large Type-1 hood. The center features a dynamic mix of local and national retail operators. Site has recently been health department-permitted so the transfer of ownership should not be difficult. The current owner operates a Latin American BBQ restaurant and enjoys a dedicated following, but the facility will accommodate most any restaurant concept.

Additional details:

-The restaurant is 1,600 square feet (approx.) with seating for 49 (approx.)

-Owner is paying reduced rent + $1,700 (approx.) NNN due to Covid. Qualified Buyer to negotiate lease terms with Landlord. NNN includes trash.

-Restaurant equipment includes 18’-0” Type 1 hood; 2 double deep fryers; 48” flat-top grill; a 2-burner and 6-burner stoves; gas grill; single door freezer; 1 double door refrigerator; 2 triple door refrigerators; Hoshizaki ice machine; 1 lowboy prep refrigerators; steam table; Robot Coupe; triple sink; prep sink; hand washing sinks; mop sink; large water heater and more

-Founded in April 2018, the restaurant is open 5 days a week Wednesday- Sunday from 12:00 pm-8:00 pm. Closed Monday and Tuesday.

- Owner works fulltime and owner’s spouse works 15 hours/week (approx.) with 3 parttime employees.

-Inventory is valued at $3,000 (approx.) and is not included in the purchase price

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

Price includes: Furniture, fixtures and equipment, covenant not to compete training period, leasehold interest, leasehold improvements, and goodwill.

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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