Hotel Restaurant & Bar For Sale

Business description

This retail hotel, restaurant and bar business was founded in 1935 and has been under current ownership since 1993. To operate the business you would need a Liquor License from the state of California. This establishment features a tavern of refreshing alcoholic beverages, a restaurant of delectable fare, and a hotel of comfortable accommodations. This thriving “hot spot” was established in 1935. They have earned an excellent reputation over the past 73 years for prompt and courteous service, savory food and drink, updated amenities, clean and cozy lodging accommodations, captivating ambiance and décor reminiscent of “days gone by”, convenient hours and location, and competitive prices. This business maintains an extensive base of satisfied patrons from all walks of life. The present owner will stay on through a reasonable transition period to acclimate you to the business, the employees and clientele. Contact now for more information about this exciting business opportunity.

Property information

Real Estate:

Real Property Included

Location:

There are 3 buildings totaling 14,000 sq. ft. one is a single level, another one is a double level and the 3rd one is a triple level and they are all in good overall condition. They are situated on a 20,000 sq. ft. lot. One of the buildings is a house with 3 bedrooms, 2 baths, living room, small kitchen, private yard, private deck and entrance. All three buildings are owned and included in the sale. The facilities are located in the somewhat high traffic area and the visibility is good.

Other information

Expansion potential:

Growth and expansion can be obtained by catering bar and food events. Promoting winter activities like cross country skiing and bird watching may boost the customer base. By promoting golf and fishing packages this will increase the sales revenues. Also more advertising on the internet and increasing food & liquor sales can add to the growth of the business.

Competition / Market:

There is some competition in this area.

Support & training:

Owner agrees to stay through a reasonable transition period.

Reasons for selling:

Retirement

Financing available:

There is a possibility for some owner financing for the right buyer.

Furniture / Fixtures value:

$494,000 (included in the asking price)

Inventory / Stock value:

$21,000 (included in the asking price)