Profitable Full Service SF Restaurant Fixed Rent Reduced For Sale

Business description

Full Service Restaurant- $1.1m Sales- $180k Profit- Fixed Rent 15 Years- Reduced!

RRC#: 1647
Asking Price: $195,000
Location: Sonoma County, Santa Rosa, California
Yearly Revenue: $1,140,000
Yearly Cash Flow: $180,000
Monthly Rent: $11,700

LISTING DESCRIPTION:
This profitable full service restaurant maintains a very loyal clientele, does $1.15M in sales, average monthly gross of $95,000 and average monthly net of $15,000. Located on a main high traffic boulevard, the operation benefits from constant all day traffic, and draws from neighboring retail, residential and professional business areas. The highly visible location is easily accessed, has ample parking, a large glass frontage offering patrons a well lit interior and a relaxed dining experience. With great views to the outside, there is a large seating area with comfortable booths, a semi display kitchen, and an expansive server area which includes two 2-door under counter refrigerators, iced tea, coffee and beverage machines. The POS system has a total of three terminals and 4 printers.The extensive line kitchen features a long 22’ type 1 hood, two 5’ griddles, two double fryers, 3’ char grill, 4-burner saute station, two 3-door sandwich prep tables, 2-door under counter fridge, and stainless work tables. The prep kitchen has a walk in cooler and freezer, convection oven with a 5’ type 2 hood, 30 qt. mixer, slicer, large ice machine, 3- compartment sink, a dishwasher with long stainless side tables, and an adjacent dry goods storeroom with wire rack shelving. A secondary dining area and server station features multiple beverage machines, hand sinks, a glass door beverage merchandiser, and POS terminal. Overall, this is a high volume, turn key operation, which maintains very consistent sales and profits, with the capacity to handle heavy daily traffic and accommodate large groups and private parties. THE MONTHLY RENT IS FIXED FOR 15 YEARS AT $11,700 INCLUDING NNN. The lease can be assigned to a qualified buyer.

GENERAL INFORMATION:
Organization: Sole Proprietorship | Year Established: 2010 | Current Owner: 2010 | Seating: 95 | Square Footage: 5,200 | Parking: Street, Private Lot | Licenses Required: Business, ABC Type 41 (Beer & Wine) | Days Open/Hours: 7 Days 7am-10pm | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,140,000 | Yearly Cash Flow: $180,000 |

LEASE INFORMATION:
Monthly Rent: $11,700 | Lease Expiration: 2026 | Yearly Adjustment: Fixed rent, no increases | Lease Option: Negotiable |

FINANCING INFORMATION: