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Fully Equipped Restaurant & Bar
Location: United States -> California -> Northern California - All Northern California -> Sonora
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Fully Equipped 7,000 sq ft - BLD - Restaurant & Bar with Hard Liquor License Located in Sonora, CA

RRC#: 4035
Asking Price: $150,000
Location: 19601 Hess Avenue, Sonora
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
Monthly Rent: New Lease Negotiable
Expiration: New Lease Negotiable

Listing Description:
After 20 years in the same ownership this 7000 sq ft Restaurant, Bar & Banqueting space is currently closed and the assets are for sale including, Kitchen, Dining & Banqueting Rooms & a valuable Full Type 47 licensed Bar with a new lease for only $150,000. Located adjacent to a busy 100 bedroomed hotel with rent at 6% of monthly sales, no minimum! The business receives a great deal of it's revenue from 180+ hotel guests serving breakfast, lunch and dinner each day and is the only Restaurant and Bar nearby for the hotel guests. A valuable ABC type 47 hard liquor license is also included with the sale. Located on a busy highway this Tourist town is at the Gateway to ''Yosemite National Park'' which is bustling with visitors, especially during the summer months. With almost no advertising historic monthly sales were $70,000 - $90,000 with 15% profits. The entire property is in excellent condition and completely turn key. The Kitchen is large & clean and fully loaded with a show kitchen line consisting of a 28ft type 1 hood with fire suppression system, 3 flat tops, 2 deep fryers, large broiler, 6 burner stove and oven, 2 double convection ovens, 2 waffle makers, many refrigerated work tops, steam table. The prep kitchen has a walk-in fridge/freezer, large mixer, commercial slicer, 1200 pound ice machine, ALL 100% OWNED with NO MONTHLY LEASE PAYMENTS. The Bar has 12 barstools, 12 beers on tap, 60 seats at high bar tables and booths plus dance floor area and patio. The Dining room has 120 seats and a 60 seat private banquet room. There is so much potential demand for this style of restaurant with banqueting and a separate bar with


Financials

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

About The Business

Year Established:  2001
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Other Interests




Print Listing Id: 700366347
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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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