$195,000 For 4,200 Sq Ft Bar And Restaurant With Hard Liquor License

Fresno, CA (Fresno County)

$195,000 For 4,200 Sq Ft Bar And Restaurant With Hard Liquor License
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Asking Price: Get Financing: $195,000

Cash Flow: $105,000

Gross Revenue: $1,631,568

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

$195,000 For 4,200 Sq Ft Bar And Restaurant With Hard Liquor License

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Business Description

$195,000 For 4,200 Sq Ft Bar And Restaurant With Hard Liquor License, Large Patio In Fresno

RRC#: 2839
Asking Price: $195,000
Location: Fresno, Fresno County, California
Yearly Revenue: $1,631,568
Yearly Cash Flow: $105,000
Monthly Rent: 8,000 Approx.

LISTING DESCRIPTION:
Price reduced to $195,000 for this bar & restaurant which is totally ''Turn Key'' and a fine example of a full service, quality establishment with a good sized bar, attractive dining room, large patio with a modern, well equipped kitchen. Fully equipped and includes a walk-in cold room, walk-in freezer, display cabinets, stoves, ovens, broiler, fryers together with a beautifully decorated 3,000 sq ft dining room with high ceilings, seating for 150, a separate bar area with a hard liquor license and barstool seating for 10 plus couch seating for a further 40 and an enclosed ''all year round'' patio. Decorative mood lighting, modern drapes with a combination of booths and table seating. The 1,000 sq ft patio has an optional enclosure and heaters for those winter months and is perfect addition for parties and private events. Annually gross sales are $1,632,000 with profits in excess of $100,000 presently. With greater cost controls and under an experienced owner/operator with strong marketing skills, this bar and restaurant has a huge capacity for growth and higher profits. Great location in an upscale area of Fresno City with excellent curb appeal on this busy major thoroughfare. Please complete the ‘Non Disclosure Agreement’ on our site and we will send you the name and address with the financial information, lease & the full list of equipment included with the purchase. We’ll also send you the Broker''s contact information so you can discuss this opportunity in more detail.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2007 | Current Owner: 2007 | Employees: 8 Full Time & 35 Part Time | Seating: 190 + 50 Patio | Square Footage: 4200 | Parking: 60+ | Licenses Required: Health Permit, Business License and ABC Type 47 Transfer | Days Open/Hours: 11am - 9pm Daily | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,631,568 | Yearly Cash Flow: $105,000 | Payroll: $61589 |

LEASE INFORMATION:
Monthly Rent: 8,000 Approx. | Lease Expiration: New Lease Negotiable | Yearly Adjustment: New Lease Negotiable | Lease Option: New Lease Negotiable |

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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

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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.

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