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Highly Profitable Restaurant In Upscale East Bay Community

California : Restaurants
Listing #2981

Highly Profitable Restaurant In Upscale East Bay Community$1.3 Million Annual Sales$160,000 Profit RRC#: 2981 Asking Price: $395,000 Location: Contra Costa County, Contra Costa County, California Yearly Revenue: $1,320,000 Yearly Cash Flow: $156,000 Monthly Rent: $6,500 LISTING DESCRIPTION: This popular restaurant is located on a main street in a desirable town with high-end demographics. It is open for lunch and dinner, serving refined Mexican-inspired California cuisine in a country chic atmosphere. It has a full liquor license, and the restaurant is known for its cocktails. It's the kind of place where you could sit on the wonderful patio for hours sipping margaritas on a hot summer day. The inside of the restaurant seats 45 outside patio area seats 49. The restaurant is housed in a free-standing building, located on a major thoroughfare, near retail and professional offices. There is a dedicated customer parking lot. This successful business has yet to reach its full potential. The open kitchen includes a wood burning grill (which the restaurant is known for), a walk-in refrigerator, one 6' hood and one 8' hood, one fryer, one 6-burner stove, a 2-door under-counter refrigerator with prep station, a 3-compartment sink, a dishwasher, an ice machine, lockers for employees, and 2 ADA restrooms. SBA Financing available. GENERAL INFORMATION: Organization: LLC | Seating: 49 Indoor 49 Outdoor | Square Footage: 1679 | Parking: Parking Lot and Street | Licenses Required: Business, ABC Type 47 | Days Open/Hours: 11:30am - 9pm Tuesday - Thursday 11:30am-10pm Fri/Sat 11:30am-8pm Sun | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $1,320,000 | Yearly Cash Flow: $156,000 | LEASE INFORMATION: Monthly Rent: $6,500 | Lease Expiration: Negotiable | Lease Option: Negotiable |

Asking Price:

$395,000

Gross Income:

$1,320,000

(last 12 months)
Cash Flow:

$156,000

(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

Highly Profitable Restaurant In Upscale East Bay Community$1.3 Million Annual Sales$160,000 Profit

RRC#: 2981
Asking Price: $395,000
Location: Contra Costa County, Contra Costa County, California
Yearly Revenue: $1,320,000
Yearly Cash Flow: $156,000
Monthly Rent: $6,500

LISTING DESCRIPTION:
This popular restaurant is located on a main street in a desirable town with high-end demographics. It is open for lunch and dinner, serving refined Mexican-inspired California cuisine in a country chic atmosphere. It has a full liquor license, and the restaurant is known for its cocktails. It's the kind of place where you could sit on the wonderful patio for hours sipping margaritas on a hot summer day. The inside of the restaurant seats 45 outside patio area seats 49. The restaurant is housed in a free-standing building, located on a major thoroughfare, near retail and professional offices. There is a dedicated customer parking lot. This successful business has yet to reach its full potential. The open kitchen includes a wood burning grill (which the restaurant is known for), a walk-in refrigerator, one 6' hood and one 8' hood, one fryer, one 6-burner stove, a 2-door under-counter refrigerator with prep station, a 3-compartment sink, a dishwasher, an ice machine, lockers for employees, and 2 ADA restrooms. SBA Financing available.

GENERAL INFORMATION:
Organization: LLC | Seating: 49 Indoor 49 Outdoor | Square Footage: 1679 | Parking: Parking Lot and Street | Licenses Required: Business, ABC Type 47 | Days Open/Hours: 11:30am - 9pm Tuesday - Thursday 11:30am-10pm Fri/Sat 11:30am-8pm Sun | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,320,000 | Yearly Cash Flow: $156,000 |

LEASE INFORMATION:
Monthly Rent: $6,500 | Lease Expiration: Negotiable | Lease Option: Negotiable |


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