Unique, California-style Hofbrau in the Heart of Marin County

Marin County, CA

Unique, California-style Hofbrau in the Heart of Marin County

Asking Price:$199,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1968

Unique, California-style Hofbrau in the Heart of Marin County

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Business Description

This quintessential Marin County restaurant is part of a food legacy that is specific to the Northern California-style Hofbrau. The restaurant serves carved meats, sandwiches and hearty, home-style side dishes with casual cafeteria-style service. A Marin institution since 1968, this restaurant is located in a bustling shopping center with national chain anchors and a lot of foot traffic.

Additional Information:
• The interior is 2,000 sqft (approx.) with occupancy of 65 (approx.) inside and outdoor seating for 10 (approx.). The dining room features wood laminate floors with a combination of booth and banquette seating.

• Rent is $5150 (approx.) + NNN current term ends September 2017. Landlord will negotiate a new lease with a qualified buyer.

• The restaurant features a 6’ X 9’ walk-in refrigerator; a 9’-0” (approx.) Type-1 hood in the front of house and a 8’-0” (approx.) Type-1 hood in the back of house; two (2) 6-burner Vulcan stoves with ovens; 48” flattop with oven; 8’-0” electric steam-table; double basket fryer; 6’-0” cold prep station; triple sink; dishwasher; Manitowoc Ice Machine and more.

• Established in 1968 with the current owner operating since 2007. Hours of operation are Mon-Sat 11:00 am-9:00pm and Sunday 11:00am-8:00pm. New owner could add breakfast service

• Type 41 Full Liquor 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 & that of their financial and/or legal advisers with regard to this information.

Detailed Information

Employees:
5
Facilities:
This 2,000 sqft (approx.) restaurant accommodates 65 guests inside and approximately 10 guests outside and is located in one of Marin County's most popular shopping centers--a very busy and beautiful neighborhood center with ample parking and is anchored by several national chain stores. It is the is a hub of shopping activity during all times of the day. The restaurant features a 6’ X 9’ walk-in refrigerator; a 9’-0” (approx.) Type-1 hood in the front of house and a 8’-0” (approx.) Type-1 hood in the back of house; two (2) 6-burner Vulcan stoves with ovens; 48” flattop with oven; 8’-0” electric steam-table; double basket fryer; 6’-0” cold prep station; triple sink; dishwasher; Manitowoc Ice Machine and more. Rent is currently $5150 (approx.) a month + NNN. Current term ends September 2017. Landlord will negotiate new lease terms with a qualified buyer.
Competition:
This restaurant is in one of the most prime retail locations in the county. It is an affluent area with an older, upwardly mobile medium density population and an average household income of $102,567 which is substantially higher than the median income in California.
Growth & Expansion:
New owner could refresh this timeless concept. The restaurant is currently equipped to serve breakfast.
Support & Training:
Seller will provide all necessary support and training to a qualified buyer.
Reason for Selling:
Retirement

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Ryn Longmaid

Business Listed By:
Ryn Longmaid

Santa Rosa Business & Commercial

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.


Sponsoring Broker:
Jeff Sacher

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