Price Reduced to $35,000 - Large 200 seat Restaurant

Sonora, CA (Tuolumne County)

Price Reduced to $35,000 - Large 200 seat Restaurant
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Asking Price: $35,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Price Reduced to $35,000 - Large 200 seat Restaurant

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Business Description

Price Reduced to $35,000 - Large 200 seat Restaurant - with use of Full Liquor License in Sonora

RRC#: 3262
Asking Price: Offered At $35,000
Location: 375 Mono Way Sonora CA 95307
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Monthly Rent: New lease Negotiable

Listing Description:
Price reduced to $35,000 for this 7000 sq ft Restaurant located on the grounds of a busy 100 bedroomed quality Motel. Currently closed this is the only Restaurant space in the area for hotel guests to obtain lunch and dinner. The $35,000 asking price includes the ownership of all the extensive equipment and the opportunity to re-build the restaurant space to the $750,000 annual sales from 2017. Located on a busy highway this Tourist town is at the Gateway to "Yosemite National Park" and is bustling with visitors during the summer months while in the Winter "Dodge Ridge Ski Resort" is close by and maintains the Motel's high occupancy. A new lease is negotiable. All the equipment is included and in excellent condition and completely turn key and well maintained throughout. The Kitchen is so clean and also fully loaded: 28ft type 1 hood with fire suppressant, 3 flat tops, 2 fryers, large broiler, 6 burner stove and oven, 2 double convection ovens, 2 waffle makers, many refrigerated work tops, steam table, large mixer, commercial slicer, walk in freezer, walk in fridge, large 1200 pound ice machine, ALL 100% OWNED & NO MONTHLY LEASE PAYMENTS. The restaurant has over 200 seats and there is so much potential to increase business by marketing more banquets, whether catered in the hotel or in the restaurant's own banqueting room. The owner wishes to retire after his 16 years ownership. This business has been so profitable for many years and could be yours for only $75,000. Please complete the ‘Non Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity with the full financial information, original lease & 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
Established: 1985
Current Owner: 1999
Employees: Contact For Info
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Payroll: Contact For Info
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info

Detailed Information

Location:
Sonora, CA
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Contact the Seller

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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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