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Profitable Downtown Pub, Full Kitchen, $700K Gross, $150K Cash Flow for Hands On Owner
Solano County, California

Asking Price

$395,000

Office Listing #

2818
Revenue $58,500 / month Lease Rent $3,000 / month
Cash Flow $12,500 / month Square Feet 2,400
Direct Link www.restaurants-for-sale.com/27317

    

This established pub combines a profitable bar, that has a compact, fully equipped kitchen. The sales and profit are derived from the type 48 ABC license, which does not require food service. Sales in 2016 were $700K, and Jan-Sept was over $452K. The owner works just 10 hrs /wk handling banking and administrative details and derived a substantial $110K in cash flow for 2016. A hands on manager works about 30 hrs/wk. A new owner taking over those responsibilities, would earn about $140K annual cash flow, or if desired, work 50 hrs/wk and earn $150K in annual cash flow. The long bar seats 8 customers, and there's additional 55 at table & chair seating, with 115 total for the bar's total occupancy. The back bar includes 2-POS terminals, 2-multi function beverage guns, 12 taps with lines fed from a large walk-in, two ice chillers, 3-comp. bar sink and hand sink. The efficient commercial kitchen features a 6 1/2' type one hood, char grill, flat griddle, gas saute' burner unit, double fryer, steam table unit, sandwich prep fridge, 3-comp., prep and hand sinks. The back of house features the walk-in, large ice machine, reach-in freezer and a heated holding cabinet for cooked foods. There is a separate private office, surveillance system with 6-cameras, and 2- multi user ADA restrooms. This is an excellent opportunity for a new owner to operate semi or fully hands on owner, or a hands on partnership. For a qualified buyer landlord will agree agree to a new 5 year lease + 5 year option.

  

General Information

Organization Corporation
Year Established 2013
Current Owners 2013
Employees Contact For Info
Operating Hours Contact For Info
Reason For Sale Contact For Info
   

Facilities

Seating 65 seats, 115 max capacity
Square Feet 2,400
Parking Street
Licenses Business, Health, ABC Type 48 Liquor License
   

Financials

Revenue $58,500 / month
Cash Flow $12,500 / month
Payroll Contact For Info
Inventory Contact For Info
FF & E Contact For Info
 
 

Lease

Lease $3,000 / month  
Expiration Negotiable  
Yearly Adjustment Negotiable  
Option Negotiable  
Deposit Not Available  
     

Financing

Down Payment Contact For Info  
All Cash Contact For Info  
Note Balance Contact For Info  
Term of Note Contact For Info  
 
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Listing Contact

Bruce Osterlye
Steve Zimmerman
Restaurant Realty Company
phone: 415-945-9701
fax: 415-945-9702

www.restaurantrealty.com

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The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Restaurants For Sale Online, LLC has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.

 
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