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Rare Opportunity To Purchase Restaurant On Hwy 29 For Sale

St. Helena, California - North, US
Asking Price:
$199,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Beautiful Italian-style café and Gelateria that features craft beers and wines on tap. Daily fare includes panini, soups, delectable salads, espresso and an array of gelato. Guests dine in the open and casually elegant dining room, airy patio on Main Street or in the privacy of a comfortable, private nook lined with couches. The restaurant is open early for a European breakfast experience and closing hours flex with the occurrence of popular sporting events. Buyer operating onsite could increase profits.

ADDITIONAL DETAILS:

-The restaurant is 2400 sqft (approx.) with an inside occupancy of 79 & patio seating for 14

- Percentage lease with $10,184 monthly rent (approx) a natural breakpoint after which rent is 8% percent. NNN is approximately $2,000 monthly. Current term ends April 2028 with two (2) 5-year options.

-Dining room features a large, wrap around, ADA-compliant bar with seating for 10; wall bench seating on both sides of the roomy dining area with six 2- top marble tables and one 4-top marble table; 15’-0” (approx.) Gelato, round-top merchandiser; 4 handsinks; nook offers semi-private seating with 3 leather couches

-Clean and well-lit kitchen features a 5’ 6” Type-1 hood: 6’-8” Type-2 hood; and 9’-0”; a 6’ X 5’ Walk-in refrigerator; 7’ X 5’ Walk-in freezer; a single unit 6 burner stove, oven and 2-basket deep fryer; 2-door refrigerator; triple sink; hand sinks; prep sink and more

- Seller works remotely as the GM for approx 20 hours per week and is onsite 2 weeks per month. There are 4 full-time and 11 part-time employees. Seller owns 2 business in the LA area. Buyer who can dedicate more time onsite will have better control of expenses and should be able to cut labor costs.

- Café has operated in this location since 2010 with a remodel and expansion in 2012. Current owner since June 2018

- Open 7 days a week. Monday-Thursday 6:30am-9:00pm; Friday 6:30am-10:00pm; Saturday 7:00am-10:00pm; and Sunday 7:00am-9:00pm

- Premise is currently license with ABC Type-41 Beer and Wine License


PRICE INCLUDES: Furniture, fixtures and equipment, leasehold interest, leasehold improvements, goodwill. Brand, DBA, menu, recipes, and concept are not included in the sale. Some personal items may be excluded from the sale.

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers regarding this information