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Asset Sale - Pine Tree Restaurant
Location: United States -> California -> Northern California - All Northern California -> Sonora
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Only $35,000! Asset Sale - ''Pine Tree Restaurant'' - 200 Seats - Use Of Full Liquor License In Sonora

RRC#: 3553
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:
$35,000 for this 7000 sq ft ''Pine Tree Restaurant'' located at 19601 Hess Avenue, Sonora on the grounds of the busy tourist 100 bedroomed ''Best Western Sonora Inn & Suites.'' 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 it's former glory with annual sale in 2017 of $750,000. 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 with a full kitchen and there is so much potential to restart a great business for just $35,000. The owner wishes to retire after his 16 years ownership. This business has been so profitable for many years.


Financials

Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2014
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased




Print Listing Id: 700342892
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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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