Established Restaurant; $2.4+ Million Sales; $120K+ Profit
Location: Monterey County
Description:
A well established business with a strong reputation for excellent food. The restaurant has several separate dining rooms and there is potential for outdoor seating. The dining room has the flexibility to accommodate large private groups. This well designed restaurant has hanging light fixtures throughout and has windows throughout which contributes to the restaurants open airy feeling. There is banquette seating with tables and chairs throughout. There is a full kitchen with a long type 1 hood with fire suppression system.
Some of the equipment includes as follows: walk in freezer, walk in refrigerator, 7’ under counter refrigerator, 4 -5’ salad refrigerators, immersion circulator waring water bath, 2 turbofan ovens, alto sham combo oven, 2 alto sham cook & hold ovens, 6 burner range top, 4 burner range top, 2 fryers, 3’ flat griddle, 3’ broiler, 2’ steam table, ice machine , 3 gallon mixer, 1 burr mixer, 1 robot coupe R2, 2 Ninja mixers, 1 vitamix, 2 wine refrigerators, 1 floor to ceiling custom built wine coolers, 5-5ft Stainless steel tables, 3 - 3 ft stainless steel tables, 6 ft stainless steel tables, 3 stainless steel sinks (1 is large double sink, 2 are handwashing sinks on line), 1 large plastic pot sink, 2 coffee machines, 2 iPad’s, 1 windows computer for the POS system, 1 Apple desk top computer, 3 HP printers, AMTC Amp for music, 1 ipod, 3 POS ‘computers’ with printers, 2 kitchen printers, 8 stainless steel shelving units and vacuum packer, etc. The restaurant is fully ADA accessible including ADA restrooms. Past sales and profit history are as follows: 2019 - Sales -$2,552,605, Profit -$187,382; 2021 Sales -$2,568,045, Profit -$388,174 and 2022 Sales -$2,692,736, Profit - $243,682.
Financial Information:
Monthly Revenue: $202,728
Monthly Cash Flow: $9,987
Annual Revenue: $2,432,742
Annual Cash Flow: $119,844
General Info:
Ownership: Corporation
Established: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests
Monthly Rent: $16,014 all inclusive
Expiration: 8/31/28
Facilities:
Square Feet: 3,567
Seating: 145 + 30+ potential for outdoor seating
Parking: Street
Licenses: Business, ABC Type 41 (beer & wine)
Days/Hours of Operation: 7 / 5p to 9p
