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Listed by:

Restaurant Realty Company

Broker license number: 01310250

Profitable Long Established Restaurant And Bar For Sale

Greater Modesto Area, California - North, US
Asking Price:
$400,000
Sales Revenue:
$2,251,992
Cash Flow:
$154,952

Profitable, Long-Established Restaurant and Bar with Hard liquor license in the greater Modesto area

RRC#: 4244
Asking Price: $400,000
Location: Greater Modesto Area
Annual Revenue: $2,251,992
Annual Cash Flow: $154,952
Monthly Rent: $ 1.46 Restaurant + $1.19 Banquet + $0.65 NNN
Expiration: 11/22/2022

Listing Description:
This restaurant is a totally “Turnkey” business opportunity with $2.3million annual sale, easy excitability with nice curb appeal and a welcoming large patio.
Located in a well-established area, with entertainment venues, shopping, and hotels in close walking distance.

The restaurant has 2 well-maintained, well-equipped kitchens. The exposition style, open kitchen that serves the dining guests and banquet kitchen that maintains the private events. Plenty of storage, a large walk in, a walk-in freezer, 2 type 1 hood,1 dual convection oven, 1 single convection oven, 8 burner step up stove top burner, 2 grill top, pasta cooker, dual stock pot stoves, deep fryer, 3 pizza prep table, 2 door stand up refrigerator and freezer, 2 door refrigerator, chef base refrigerator, 2 undercounter freezer, ice machine, and many other equipment.

The restaurant's bar is sophisticated and welcoming. Well equipped with 2 3 drawer bar refrigeration unit, 2 kegerators, 1 glass froster , bar well and speed rack
The dining room is well-structured, pleasing for guests and easy to operate for the staff.

Large private dining room can hold functions independently with a separate kitchen, not affecting the main dining room business doing peak hours.
A catering Van with the restaurant’ logo also part of the sale.

Please complete the ‘Non-Disclosure Agreement’ on our site and we’ll send you the name and address with the full financial information, lease & list of equipment included with the purchase. We’ll also send you the Broker's contact information so you can discuss this opportunity in more detail.

For more information please visit
General Information:
Organization: LLC
Year Established: 2000
Employees: 10 Full Time 30 Part Time
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $187,666
Monthly Cash Flow: $12,912
Annual Revenue: $2,251,992
Annual Cash Flow: $154,952
Annual Payroll: $665,088

Facilities:
Square Feet: 3,203 Restaurant + 1,868 Banquet Room +2 Patios
Seating: 87 Main Dining + Bar /52 Banquet / 36 Patio
Parking: Parking Garage + Street Parking
Days/Hours of Operation: 6 Days a Week Monday -Thursday 11-9 Wednesday Closed Friday 11-10 Saturday 10-10 Sunday 10-9

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $ 1.46 Restaurant + $1.19 Banquet + $0.65 NNN
Expiration: 11/22/2022

Location:

Greater Modesto Area

Premises Details:

Square Feet: 3,203 Restaurant + 1,868 Banquet Room +2 Patios
Seating: 87 Main Dining + Bar /52 Banquet / 36 Patio
Parking: Parking Garage + Street Parking

Size in square feet:
3,203 Restaurant + 1,868 Banquet Room +2 Patios

Business Operation

Reasons for selling:

Other Interests

Trading hours:

6 Days a Week Monday -Thursday 11-9 Wednesday Closed Friday 11-10 Saturday 10-10 Sunday 10-9

Employees:
10 Full Time 30 Part Time
Years established:
2000

Other Information

Support & training:

Yes

Listed by

Restaurant Realty Company

Broker license number: 01310250

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