Restaurant, Newly Remodeled, Outside Patio, Only Operates 5 Nights/Week & Lots of Upside for Increased Sales & Profits
RRC# 4656
Location: Ross
Description:
This established restaurant is in a high-end demographic location and operates only for dinner five nights a week and is an excellent opportunity for an owner-operator. There is an upside for an additional two days of dinner business plus lunch 5 days a week and brunch on the weekends. The restaurant has a very charming intimate décor that has an open airy feeling with a high ceiling, skylight, ceiling fans and a comfortable dining room including tables and chairs and banquette seating. There is also a 45 seat enclosed open patio with outdoor heaters which is used from early Spring through late Fall. There is also a fully remolded kitchen, storage room and ADA bathrooms. Some of the equipment includes as follows: 9' type 1 hood with fire suppression system, a 3 full door refrigerator, 3-2 door under counter refrigerators (1 with sandwich station), 2 - 2 full door refrigerators, slicer, utility sink, counter mixer, 3 door under counter refrigerator + sandwich station, 3 compartment sink, dishwashing sink + rinse hose, dishwasher, Robot Coupe, ice cream machine, 2 full door glass wine refrigerator, POS system, 3 coffee grinders, 2 group espresso machine, ice machine, 2 full door freezer, 1 door under counter freezer, etc. A long-term lease is available to a qualified buyer. The restaurant has an excellent reputation and past years sales and profits are as follows: 2019 - Sales $884,537, Profit $205,227; 2020 - Sales $1,133,162, Profit $299,178; 2021- Sales - $1,364,730, Profit $392,354; 2022 Sales - $666,562 (closed for 18 weeks for construction); 2023 Sales - $972,442.
Financial Information:
Monthly Revenue: $76,000
Monthly Cash Flow: Contact for Info
Annual Revenue: $914,000
Annual Cash Flow: Contact for Info
General Info:
Ownership: LLC
Established: Contact for Info
Current Owner: Contact for Info
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: $6,981
Expiration: 2/28/25 plus 2 - four year options
Facilities:
Square Feet: 1,380 + 800 enclosed patio
Seating: 49 inside + 45 outside
Parking: Street
Licenses: Business, ABC Type 41 (beer & wine)
Days/Hours of Operation: Dinner Only Tues-Sat; Closed Sun & Mon
