Newly Remodeled & Fully Equipped Hotel Restaurant for Sale in Sonoma County! ~$1.5 million in Annual Revenue. Strong Breakfast/Lunch Opportunity and Great Lease!!
RRC# 5290
Asking Price: $225,000
Location: Sonoma County
Annual Revenue: $1,500,000
Annual Cash Flow: Contact for Info
Monthly Rent: $10,000 NNNs per month & 7% of Sales
Listing Description:
This popular restaurant connected to a busy Sonoma Hotel is a staple Breakfast, Lunch & Dinner restaurant is now for sale! The newly renovated and fully equipped, turnkey restaurant is located next to the 101-HWY. This successful location has thrived for over 33 years.
The restaurant has been a busy Breakfast and Lunch restaurant and under the new owner is doing well for Dinner service as well. The business is currently generating roughly $1.5 million per year. There are added sales opportunities from events, room service and to service the flow of hotel guests. The hotel seasonally runs near capacity, providing a constant flow of hungry guests, wine country tourists and business travelers and of course locals. The business and hotel is located immediately off the Redwood HWY, also referred to as the HWY 101.
A new owner could consider adding a garden patio to boost seating and appeal, which has been previously looked into. There is also ample dedicated parking.
The space has elevated, yet classic American diner vibes, and boasts updated, huge arched tinted glass atrium windows along the lower dining room wall facing the street. The space was fully upgraded in 2016 with new front doors, new floors, new bathroom, new table tops, new sunroom, dining room furniture and kitchen equipment, and then again in 2023 keeping this space looking new and appealing! The space and equipment is wonderfully maintained. The kitchen has a large open expo window that faces the countertop diners, and main dining room. The kitchen has an expansive Type-1 Hood, Grills, Griddles, Fryers, a walk-in Fridge and Freezer, and ample prep and storage areas. A full equipment list can be provided upon request, but this space is being leased FULLY EQUIPPED!!
The lease is fantastic with a fixed base rent of $10k/month for the remainder of the first term, plus 7% on revenue above $1.7 million annually.
