3600 Sq Ft Restaurant And Bar With Hard Liquor License

Stockton, CA (San Joaquin County)

3600 Sq Ft Restaurant And Bar With Hard Liquor License
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Asking Price: Get Financing: $125,000

Cash Flow: N/A

Gross Revenue: $240,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

3600 Sq Ft Restaurant And Bar With Hard Liquor License

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Business Description

3600 Sq Ft Restaurant And Bar With Hard Liquor License, Nice Sized Kitchen On Main Thoroughfare

RRC#: 2752
Asking Price: $125,000
Location: Stockton, San Joaquin County, California
Yearly Revenue: $240,000
Yearly Cash Flow: Contact For Info
Monthly Rent: 5442 Inclusive

LISTING DESCRIPTION:
$350,000 in annual sales and growing. The City of Stockton, just 30 minutes south from Sacramento has a population of around 300,000. This 3,600 sq ft bar and restaurant has been established at this location since 2005 and has a type 47 hard liquor license and a 150 seating capacity. Monthly rent is low at only $1.50 per square foot including NNN. The kitchen is modern and nicely equipped with a 10 ft type 1 hood with fire suppression system, a double basket deep fryer, broiler, 12 burner stove with 2 ovens, Flattop with oven, 2 door refrigerated work tops, 3 compartment steam table, dish wash machine, large walk-in and ample s/s prep tables. The server has a glass door double upright refrigerator, coffee and ice machines, ALL equipment is owned, NO Leases. The dining room has tables and chairs seating 90 and a separate full bar with it's gorgeous wooden bar and back bar with 12 bar stools and further seating for 45 plus a band and dance floor area. All the equipment is in excellent condition and is a 'turn key' opportunity. This restaurant shows well and would be good for many styles and concepts. Come and take a look as this opportunity which could be yours for the low price of $125000 fully inclusive of all equipment, goodwill and hard liquor license. To receive full details of this business opportunity please complete the ‘Confidential Agreement’ request and we’ll send you the lease, photo’s, list of equipment & financial information. We will also send you the agent’s contact information so you can discuss in further detail.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2005 | Current Owner: 2016 | Employees: 6 | Seating: 150 | Square Footage: 3640 | Parking: 30+ | Licenses Required: Health, Business & ABC Type 47 License | Days Open/Hours: 11am - 11pm Daily | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $240,000 |

LEASE INFORMATION:
Monthly Rent: 5442 Inclusive | Lease Expiration: 2019 | Yearly Adjustment: 5% | Lease Option: Two 5 year Options | Security Deposit: 5000 |

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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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