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Restaurant/bar & Bqt Facilities In Shop/ctr, $4.2 Million Sales $342,000+ Profit Sba Pre Qualified

Santa Cruz, California : Restaurants
Listing #2862

Restaurant/bar & Bqt Facilities In Shop/ctr, $4.2 Million Sales $342,000+ Profit Sba Pre Qualified RRC#: 2862 Asking Price: $895,000 Location: Santa Cruz County, Santa Cruz County, California Yearly Revenue: $4,228,632 Yearly Cash Flow: $342,024 Monthly Rent: 27,063 all inclusive LISTING DESCRIPTION: Ths business had been pre-qualified for an SBA loan and with 25% down the bank will finance the remaining balance. A long established restaurant and bar with a strong reputation in the area for excellent food and service. The restaurant has an open air feeling with a comfortable dining room, separate bar lounge area, 2 adjoining banquet rooms which can seat up 85 and another banquet room which can seat 40. There is a well equipped kitchen, prep kitchen, wine room, liquor storeroom, storage rooms, mangers office, chefs office, 2 ADA restrooms and employees restroom. Some of the equipment includes: 16', 12' & 10' type 1 hoods with fire suppression systems, wood burning smoker, 2 double basket fryers, 4' flat grill, 2 - 6 burner units over ovens, 5' wood broiler, 6 under counter refrigerator drawers, 3 under counter refrigerator doors, 4 door under counter refrigerator + sandwich station, 4' -in freezer, 2 full door freezer, 2 walk-in refrigerators, 2 full door freezer, 4 ice bins, 3 glass door under counter refrigerator, 2 -1 door under counter refrigerator, POS system, 2 hand sinks, 4 convection ovens, 2 stock pot burners, 4 & 6 burner units, 2 -2 compartment sinks, ice cream machine, waffle iron, Robot Coupe, slicer, full door refrigerator, 60" flat screen TV plus audio system, dishwashing sink + rinse hose, 16 employee lockers, 2 bread drawer warmers, espresso machine and coffee maker, etc. NO BROKER COOP. GENERAL INFORMATION: Organization: Corporation | Seating: 200+ 3 banquet rooms seating, 30, 40 and 55 | Square Footage: 5,629 | Parking: Parking lot | Licenses Required: Business, ABC Type 47 (hard liquor) | Days Open/Hours: 7 l Lunch & Dinner | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $4,228,632 | Yearly Cash Flow: $342,024 | LEASE INFORMATION: Monthly Rent: 27,063 all inclusive | Lease Expiration: 12/31/2002 | Yearly Adjustment: CPI | Lease Option: Negotiable |

Asking Price:

$895,000

Gross Income:

$4,228,632

(last 12 months)
Cash Flow:

$342,024

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Restaurant/bar & Bqt Facilities In Shop/ctr, $4.2 Million Sales $342,000+ Profit Sba Pre Qualified

RRC#: 2862
Asking Price: $895,000
Location: Santa Cruz County, Santa Cruz County, California
Yearly Revenue: $4,228,632
Yearly Cash Flow: $342,024
Monthly Rent: 27,063 all inclusive

LISTING DESCRIPTION:
Ths business had been pre-qualified for an SBA loan and with 25% down the bank will finance the remaining balance. A long established restaurant and bar with a strong reputation in the area for excellent food and service. The restaurant has an open air feeling with a comfortable dining room, separate bar lounge area, 2 adjoining banquet rooms which can seat up 85 and another banquet room which can seat 40. There is a well equipped kitchen, prep kitchen, wine room, liquor storeroom, storage rooms, mangers office, chefs office, 2 ADA restrooms and employees restroom. Some of the equipment includes: 16', 12' & 10' type 1 hoods with fire suppression systems, wood burning smoker, 2 double basket fryers, 4' flat grill, 2 - 6 burner units over ovens, 5' wood broiler, 6 under counter refrigerator drawers, 3 under counter refrigerator doors, 4 door under counter refrigerator + sandwich station, 4' -in freezer, 2 full door freezer, 2 walk-in refrigerators, 2 full door freezer, 4 ice bins, 3 glass door under counter refrigerator, 2 -1 door under counter refrigerator, POS system, 2 hand sinks, 4 convection ovens, 2 stock pot burners, 4 & 6 burner units, 2 -2 compartment sinks, ice cream machine, waffle iron, Robot Coupe, slicer, full door refrigerator, 60" flat screen TV plus audio system, dishwashing sink + rinse hose, 16 employee lockers, 2 bread drawer warmers, espresso machine and coffee maker, etc. NO BROKER COOP.

GENERAL INFORMATION:
Organization: Corporation | Seating: 200+ 3 banquet rooms seating, 30, 40 and 55 | Square Footage: 5,629 | Parking: Parking lot | Licenses Required: Business, ABC Type 47 (hard liquor) | Days Open/Hours: 7 l Lunch & Dinner | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $4,228,632 | Yearly Cash Flow: $342,024 |

LEASE INFORMATION:
Monthly Rent: 27,063 all inclusive | Lease Expiration: 12/31/2002 | Yearly Adjustment: CPI | Lease Option: Negotiable |


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