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Remodeled Freestanding Restaurant $117,000+ Profit Outdoor Seating Areas

California : Restaurants
Listing #2978

Remodeled Freestanding Restaurant $117,000+ Profit Outdoor Seating Areas RRC#: 2978 Asking Price: $279,000 Location: Central Marin County, Marin County, California Yearly Revenue: $1,156,908 Yearly Cash Flow: $117,996 Monthly Rent: $10,300 LISTING DESCRIPTION: This restaurant is located on a main street in a desirable town with high end demographics. It sits between two very successful restaurants that generate sales between $4 million to $5 million each. There is upside for this restaurant as it is currently open only six days a week so there is upside for increased sales and profits by opening an additional day and expanding the hours of operation. There are two outdoor seating areas and one is fully covered and has heat lamps and is used year round. There is a display kitchen and the dining room has an open air feeling with glass windows throughout with a combination of tables and chairs and banquette seating. There is also a dishwashing area, new ADA restroom, employee restroom and a basement area that has a storage area, office area and prep area. Some of the equipment includes as follows: 15'' type 1 hood with fire suppression system, 6 burners over oven, 4 burners, convection oven, 2 small pizza ovens, double basket fryer, pasta cooker, 3 door undercounter refrigerators (2 with sandwich stations), POS system, Robot Coupe, slicer, counter model mixer, floor model mixer, mop sink, 3 compartment sink, dishwasher, dishwashing sink + rinse hose, 2 grease traps, floor sink, 15 employee lockers, ice machine, 2 compartment sink, 2 walk-in refrigerators and 2 hand sinks, etc. The owner is selling as he owns another non-restaurant business which keeps him from spending the time necessary to expand this business. GENERAL INFORMATION: Organization: Corporation | Year Established: 2016 | Seating: 48 inside + 44 outside | Square Footage: 2,200 + patios + basement | Parking: Street and parking lot | Licenses Required: Business, ABC Type 41 (beer & wine) | Days Open/Hours: Closed Monday and Lunch & Dinner Daily | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $1,156,908 | Yearly Cash Flow: $117,996 | LEASE INFORMATION: Monthly Rent: $10,300 | Lease Expiration: 6/20/2026 | Yearly Adjustment: Fixed increases | Lease Option: 2 Five Year Options |

Asking Price:

$279,000

Gross Income:

$1,156,908

(last 12 months)
Cash Flow:

$117,996

(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

Remodeled Freestanding Restaurant $117,000+ Profit Outdoor Seating Areas

RRC#: 2978
Asking Price: $279,000
Location: Central Marin County, Marin County, California
Yearly Revenue: $1,156,908
Yearly Cash Flow: $117,996
Monthly Rent: $10,300

LISTING DESCRIPTION:
This restaurant is located on a main street in a desirable town with high end demographics. It sits between two very successful restaurants that generate sales between $4 million to $5 million each. There is upside for this restaurant as it is currently open only six days a week so there is upside for increased sales and profits by opening an additional day and expanding the hours of operation. There are two outdoor seating areas and one is fully covered and has heat lamps and is used year round. There is a display kitchen and the dining room has an open air feeling with glass windows throughout with a combination of tables and chairs and banquette seating. There is also a dishwashing area, new ADA restroom, employee restroom and a basement area that has a storage area, office area and prep area. Some of the equipment includes as follows: 15'' type 1 hood with fire suppression system, 6 burners over oven, 4 burners, convection oven, 2 small pizza ovens, double basket fryer, pasta cooker, 3 door undercounter refrigerators (2 with sandwich stations), POS system, Robot Coupe, slicer, counter model mixer, floor model mixer, mop sink, 3 compartment sink, dishwasher, dishwashing sink + rinse hose, 2 grease traps, floor sink, 15 employee lockers, ice machine, 2 compartment sink, 2 walk-in refrigerators and 2 hand sinks, etc. The owner is selling as he owns another non-restaurant business which keeps him from spending the time necessary to expand this business.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2016 | Seating: 48 inside + 44 outside | Square Footage: 2,200 + patios + basement | Parking: Street and parking lot | Licenses Required: Business, ABC Type 41 (beer & wine) | Days Open/Hours: Closed Monday and Lunch & Dinner Daily | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,156,908 | Yearly Cash Flow: $117,996 |

LEASE INFORMATION:
Monthly Rent: $10,300 | Lease Expiration: 6/20/2026 | Yearly Adjustment: Fixed increases | Lease Option: 2 Five Year Options |


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