Turn Key Restaurant. Busy Main Street

Contra Costa County, CA

Turn Key Restaurant. Busy Main Street
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Asking Price: Get Financing: $149,000

Cash Flow: $12,000

Gross Revenue: $525,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Turn Key Restaurant. Busy Main Street

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Business Description

Turn Key Restaurant. Busy Main Street. Type 47 Full Liquor License Established For 25 Years/low Rent

RRC#: 2970
Asking Price: $149,000
Location: Contra Costa County, Contra Costa County, California
Yearly Revenue: $525,000
Yearly Cash Flow: $12,000
Monthly Rent: $5,000

LISTING DESCRIPTION:
Great main street location in busy Bay Area city. Established location is complete with type 47 full liquor license, You can bring your own cuisine or continue the existing one. Current Owner has had this location for 25 years. Located in Mixed Use area with Family Homes, Apartments, Car Dealerships, Hotels, 1/2 mile from Major Freeway, BART within walking distance and office buildings that need catering. Needs a person who can use marketing techniques of the new millennium and likes to be the face of the restaurant. An experienced partnership would be fantastic for this 2500 sf location. With your combined experience this would almost be a Turn Key operation if you change the cuisine. There was an done to the dining room 4 years ago. This is a steal for this area. Under-market rent at less than $3 a square foot. Restaurant is Grossing over $500K per year. Sales are at terrific level to start off for a new proprietor. Complete with all equipment including, Full Bar, Large Kitchen,Type 1 hood with fire suppression system, walk-in refrigerator, walk-in freezer, 4 door sandwich prep refrigerator, char grill, 8 burner stove/oven, standing 4 basket deep fryer, panini press, 2 door sandwich prep refrigerator, 2 microwaves, hot table, and all the shelving and s/s tables needed for prep. All equipment is included in sale. Prep sandwich fridge, panini machine, professional microwave, bread warming ovens Fill out the NDA above to receive the information about your new restaurant.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 1992 | Current Owner: 1992 | Employees: 10 | Seating: 55 seats 5 bar stools | Square Footage: 2500 | Parking: Parking Lot | Licenses Required: Type 41 Beer&Wine/Health/Business | Days Open/Hours: M-Th 11am-9pm/ Fri 11am-10pm/ S/S 12pm-10pm | Reason For Sale: Consolidating |

FINANCIAL INFORMATION:
Yearly Revenues: $525,000 | Yearly Cash Flow: $12,000 | Payroll: $19000 |

LEASE INFORMATION:
Monthly Rent: $5,000 |

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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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