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The Wall Street Journal Online

Monterey Area Restaurant Investors Dream

Salinas, California (Monterey County)

Photo Available
Asking Price:
$89,000
Gross Income:
N/A
Cash Flow:
N/A
EBITDA:
N/A
FF&E:
N/A
Inventory:
N/A
Real Estate:
N/A
Year Established:
N/A
Employees:
N/A
Business Types:
Restaurants
Other Eating & Drinking Places

Business Description

Multiple possibilities for this listing! Nestled near downtown Salinas and the Steinbeck Museum, on the Monterey Peninsula, this 2200 square foot restaurant provides an escape from the hustle and bustle of daily life. Featuring an eclectic yet intelligent layout with a full kitchen complimented with a beer, wine and sohji bar. There is inside seating for 60, and the intimate patio outside seats 10. Currently only operated for dinner. This is in an excellent location only one block from a busy downtown area. Benefit from the 2000 employees, business owners, and professionals that are in the immediate vicinity. The possibilities of expanding into an early morning coffee bar and working person s lunch destination make this a positive and sound investment opportunity with a great lease. This establishment is also approved for weekend entertainment most busy nights. Only $89,000.

Also a possibility is the purchase of the land and building, which includes an almost 1000 square foot 1-bedroom apartment with a loft and hot tub! For the true entrepreneur, Buy it all and live above the business managing it and your resources. Become your own landlord or rent it out and be the landlord. Plenty of off street parking including a garage. A nice deck and for those inclined grow fresh ingredients in the garden boxes for the restaurant! $860,000

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Business For Sale Listed By

Michael Russell
Carmel Business Sales
831-625-5581

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