Remodeled Restaurant Bar & Cafe Adjacent To Cinema For Sale

Business description

Restaurant+Bar+Cafe'-$800K Remodel-Adjacent to Cinema-Seller Will Carry-Back
North Bay, California

RRC# 1275
Offered at: $395,000
Revenue: $90,000 / month
Cash Flow: Contact For Info
Lease Rent: $5,000 / month
Square Feet: 6,500


Listing Description
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This very unique operation is a restaurant with a bar and lounge and a separate, adjacent cafe' operation. Very recently remodeled, the restored bar dates back to the 1890's and seats 20 with additional lounge seating and features 22" ceilings detailed with unique lighting and beautiful faux painted walls. The behind bar area has two separate stations, a 3-compartment sink, two 4-door keg refrigerators and five taps. There is a POS system with four screens and eight printers. The restaurant's main dining room shares the same lighting and wall surface details as the bar area and also has skylights, wooden wine racks plus tasteful, high quality table seating. there are two banquet/meeting rooms accessible from the dining room through large sliding glass doors. The all tile floor main kitchen is equipped like a hotel kitchen two 12' type 1 hoods, 6-burner range with oven, 12 burner saute' station, gas salamander, 3' char broiler, double deep fryer, 2-door reach in freezer, 1-door fridge, a walk-in, a 2-door+ 2-drawer five pan salad station, 3-door pizza prep fridge, 2-door salad station, 2-door under counter fridge, two stock pot burners, convection oven, microwave, slicer, ice machine, pasta cooker, 3-compartment sink with rinse, dishwasher rinse tables, mop sink, stainless tables and pastry carts. The cafe' area is approximately 15' x 24' and features a 10' x 12' prep kitchen with a 1-door reach-in fridge, hand sink, stainless prep table, mixer, shelving and a separate 6' x 10' storage room. The main cafe' has seating for 30 and features a wood burning fireplace. The 14' service counter has a 2-group espresso machine and grinder, air pot coffee maker, commercial grinder, ice machine, hand sink, floor sink, 2-door pizza prep fridge and cash register. A common area has an office and two multi-user ADA restrooms. The entire operation has a security system with cameras and alarm, is ADA wheelchair accessible and is sprinklered. The current operation does outside catering, has catering service contracts, and a type 47 liquor license allowed to cater out. As both the restaurant and cafe' are adjacent to a cinema, there is great upside to expand menu options with quick meals, snacks and beverages to cater to that clientele. The owner is largely absentee and the business would greatly benefit from a hands-on operator to maximize the profitability. The business name, menu and concept are all part of the sale. THE SELLER IS OPEN TO CARRY-BACK FINANCING.

General Information
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Organization: LLC
Year Established: 2007
Current Owner: 2007
# of Employees: Contact For Info
Seating: 200 inside, 16 outside
Square Foot/Size: 6,500
Parking: Street, Lot
License(s) Required: Business, Type 47
Days Open/Hours: Restaurant 11:30a-10p Caffe 7a-10p
Reason For Sale: Other Interests
Financial Information
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Revenue: $90,000 / month
Cash Flow: Contact For Info
Current Inventory: Contact For Info
Payroll: Contact For Info

Lease Information
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Lease Rent: $5,000 / month
Lease Expiration: 2016
Yearly Adjustment: 3%
Lease Option: 10 year option
Security Deposit: Not Available

Financing Information
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Down Payment: Contact For Info
All Cash: Contact For Info
Note Balance: Contact For Info
Rate/Term of Note: Contact For Info

Property information

Real Estate:

Lease

Other information

Reasons for selling:

other interests