Prime Walnut Creek Restaurant, Bar And Banquet Facilities
Doing $2.5 Million in Sales with upside!
Walnut Creek, CA
Prime Walnut Creek Restaurant, Bar And Banquet Facilities Doing $2.5 Million Sales + With Upside
Asking Price: $595,000
Location: Prime Location, Walnut Creek,Contra Costa, California
Yearly Revenue: $2,520,000
Yearly Cash Flow: Contact For Info
Monthly Rent: 25,500 all inclusive
This is a uniquely designed restaurant which has a separate bar and cocktail lounge as well as banquet facilities. The restaurant is very attractively designed and lends itself to many different concepts. The restaurant is only open limited hours and the operator is a quasi-absentee owner so a hands on owner operator could materially increase the sales and make this business very profitable. The seller is also the landlord and is able to deliver a long term lease. The building is in good condition and recently had a new roof replaced. Some of the equipment includes as follows: 24' type 1 hood with fire suppression system, 6' type 2 hood, cheese melters, 8 burners, 2'6" flat grill,double basket fryer, 3' & 4' char grills, salamanders, 3 walk-in refrigerators, 2 convection ovens, stock pot burner, 3 holding ovens, 2 -1 door under counter refrigerators, full door refrigerator, 5 - 2 door under counter refrigerators, 3 door under counter refrigerator + sandwich station, 10 under counter refrigerator drawers, espresso machine, coffee grinder, 2 compartment coffee maker, POS system, utility sink, 2 -2 compartment sinks, counter mixer, 3 hand sinks, dishwashing sink + rinse hose, 2 ice bins, ice machine, mop sink, and refrigerated display case, etc.
Organization: Corporation | Seating: 100+ | Square Footage: 5,000+ | Parking: Plenty | Licenses Required: Business, ABC Type 47 (full liquor) | Days Open/Hours: Limited | Reason For Sale: Other Interests |
Yearly Revenues: $2,520,000 |
Monthly Rent: 25,500 all inclusive | Lease Expiration: Negotiable | Yearly Adjustment: 3% | Lease Option: Negotiable |