Location! $399k, Under Market Lease, Private Dr, Patio, Balcony
Location! $399k, Under Market Lease, Private Dr, Patio, Balcony, Bar W/type 47! Call Today!
Asking Price: $399,000
Location: 705 Gold Lake Drive, Folsom, California
Yearly Revenue: $360,000
Yearly Cash Flow: Contact for Info
Monthly Rent: 6900 inclusive
Beautiful restaurant in upscale old gold town tourist area. Elegant bar with type 47 liquor license seats 18. Walk into a breathtakingly chic main dining room with built in fireplace, comfortable booths and a stunning window wall that seats 90+. Delightfully adjoined by beautiful RED BRICK built in, wood fired pizza oven, inviting outside patio with luscious flora, plenty of umbrellas and seating for 30. Only to be completed by a quaint covered patio on backside of Restaurant and Very large and elegant private dining room seating 40+just waiting for Company meetings, political get togethers, holiday parties and weddings. Don’t miss this $700K build out for your future successful restaurant dream. Seller’s loss is your gain. Kitchen is complete with 18’ long Type 1 Hood in main kitchen and additional 8’ Type 1 hood in prep kitchen. Separate prep kitchen, dish room, 2 offices, dry storage room, liquor room, Equipment to include 2 30” Chars grills,1 30” Flattop, 1Wolfe 2basket deep fryer, 2 Sunfire 6 burner/oven, 1 salamander, 1 microwave, 1 Hoshizaki 550lb ice machine, all S/S serving area and bus station, 40Qt Hobart mixer, 8’x12’ walk-in, 1 Artic air freezer and many more s/s tables, racks, equipment etc. This elegant place is a MUST SEE at 6700+sf, completely turnkey and for the low price of $399K. The lease alone is worth more than the asking price. This is one of the only restaurants in this area with an under market lease value of $1 per square foot including CAMS. Please fill out the NDA above to receive more information about this Stunning restaurant and to speak to the listing agent.
Organization: Corporation | Year Established: 2014 | Current Owner: 2015 | Employees: 6 | Square Footage: 6700+ | Parking: Parking lot and street | Licenses Required: Type 47, Health and Business | Days Open/Hours: B/L/D Tues-Sat, Sun Brunch/Dinner | Reason For Sale: Other Interests |
Yearly Revenues: $360,000 | Contact for InfoPayroll: $Contact for Info |
Monthly Rent: 6900 inclusive | Lease Expiration: June 30, 2018 | Yearly Adjustment: 600 | Lease Option: (3) 5 Year options |