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Restaurant, Bar & Entertainment Venue
Location: United States -> California -> Northern California - All Northern California -> Marin County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Fenix - Restaurant, Bar And Entertainment Venue + Real Estate - 4th St, San Rafael

RRC#: 2889
Asking Price: $2,995,000
Location: Marin County, Marin County, California
Yearly Revenue: Contact For Info
Yearly Cash Flow: Contact For Info
Monthly Rent: Contact For Info

LISTING DESCRIPTION:
Located at 919 4th st the Fenix is believed to be the first streaming live production restaurant (SLPR) of its kind, Fenix is both a live production house and fine dining experience in one. Set in a renovated historic building in downtown San Rafael. With over $2 Million recently spent on its remodel, this is a truly unique opportunity. Included in the remodeling is over $500,000 spent on audio/video equipment and over $100,000 spent on theatrical lighting. Although the business recently closed the business formerly generated close to $2 million in sales yearly with limited hours and days of operation. The facility has high ceilings, a glass frontage, custom designed hanging light fixtures, a state of the art lighting and sound system and high quality finishes throughout. The facility includes two separate bar areas, a display kitchen, dramatic dining room with a combination of tables and chairs and banquette seating and stage. There is also a prep kitchen, two basement storage areas, 6 restrooms (all the customer restrooms are ADA) an entertainer lounge, several storage areas and large office area. The landlord owns the building and will negotiate a long term lease with a qualified lessee. The current business operates on limited days and hours so there is upside for increased days and hours of operation. Some of the equipment includes as follows: 15'' type 1 hood with fire suppression system, 2 double basket fryers, 2 small deck pizza ovens, 2 - 6 burner ranges with ovens underneath


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $1,080,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2007
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased




Print Listing Id: 700308167
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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