Midgley’s - Profitable, Long-Established Restaurant and Bar with Hard liquor license in Stockton
RRC# 4707
Location: Stockton
Description:
This restaurant is a totally “Turnkey” business opportunity. Over $3million annual sale, easy excitability with nice curb appeal and a welcoming large patio.
Located in the well-established Lincoln Center in Stockton. Surrounded by higher end shops and national chains like Starbucks and Jamba Juice.
Parking is plenty around the shopping center.
The restaurant is sophisticated and welcoming.
Guests enter through the cozy patio, which is outfitted with a water misting system, stays cool even on the warm summer nights, and for the cooler winter evenings there are 4 attached above heaters that guarantee comfortable dining for guests.
The dining room is well-structured, pleasing for guests and easy to operate for the staff. Wall to ceiling sliding doors create an outdoor indoor feeling. Booth and bench seating gives flexible room for small to larger parties.
The restaurant kitchen is well-equipped to maintain large value. Plenty of storage, a large walk in, a walk-in freezer, 2 type 1 hood with ansul system, char grill, 6 burner oven-range, salamander, 2 fryers with 4 basket, flat top with a reach in under, ice machine, crushed ice machine and many other equipment.
The bar has seats for 13 at the bar and 6 tables and a built-in corner for overflow bar seating. Large flat screen tv, 8 tap draught beer system, 2 speed wells, 2 bin slushy machine, under counter reach in fridges and many extras.
Menu and recipes are included in the sale. Celebrity Chef Michael Midgley would be available to stay on for a longer period, after the sale, either for a salary or a consulting base.
The restaurant also comes with a small fully plumed, 450 sf office unit.
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.
Financial Information:
Monthly Revenue: $253,684
Monthly Cash Flow: Contact for Info
Annual Revenue: $3,044,212
Annual Cash Flow: Contact for Info
General Info:
Ownership: Inc
Established: 1951
Employees: 42
Reason For Sale: Other Interests
Monthly Rent: $7,037 + 3% of Gross Sale
Expiration: 10/31/2026
Facilities:
Square Feet: 3,848 + 450
Seating: 115
Parking: Shopping center parking
Licenses: ABC Type 47, 58, 77 License, Local Business License, Health Permit,
Days/Hours of Operation: Monday to Thursday and Sunday 11:30 - 9:00 Friday and Saturday 11:30- 10
