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Established Restaurant, Bar, and Nightclub, with Banquet and Private Party Space - Northern California, California
Established Restaurant, Bar, And Nightclub, With Banquet And Private Party Space
Northern California, California
 
Asking Price $295,000
Office Listing # 1445
Revenue $116,000 / month  
Cash Flow $11,250 / month  
Lease Rent negotiable  
Square Feet 10,000  

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Listing Description
 
This is an unique opportunity to own a long-running establishment with so many revenue streams. Facilities include a full-service restaurant with small patio and bar with seating for 120+, a beautiful private party room for 40+, a banquet and private party space for 175+, and a successful nightclub that currently features live music, comedy, and DJ's/dancing. The restaurant/bar/party space and the nightclub/banquet facilities are two separate operations with their own separate floors. The operations include standard operating equipment including over 20 televisions with multiple big screens, 2 walk-in reefers and 1 walk in freezer, 4 station POS, 2 full speaker/mixer set ups to operate large sound systems in each space, ceiling-hung speakers, floor bass speaker units, dual stone pizza ovens, 3 fryers, 30 quart Hobart mixer, 3 ice machines, music video computer system with DJ set up, and much more. The operators own the building and may extend operational training to qualified buyers. Lease is very reasonable at $6500 per month.
General Information
     Organization: LLC
     Year Established: Contact For Info
     Current Owners: Contact For Info
     # of Employees: Contact For Info
     Seating: 120 ground floor + 175 upstairs
     Square Feet: 10,000
     Parking: Parking lot and street
     License(s): Business, ABC Type 47 (hard liquor)
     Day & Hours Open: Contact For Info
     Reason For Sale: Other interests
   

Financial Information

     Revenue: $116,000 / month
     Cash Flow: $11,250 / month
     Payroll: Contact For Info
     Inventory: Contact For Info
     FF & E: Contact For Info
   

Lease Information

     Lease: negotiable
     Expiration: negotiable
     Yearly Adjustment: negotiable
     Option: negotiable
     Security Deposit: Not Available
   

Financing Information:

     Down Payment: Contact For Info
     All Cash: Contact For Info
     Note Balance: Contact For Info
     Rate/Term of Note: Contact For Info

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http://www.restaurants-for-sale.com/newsite/rro/listingview.asp?id=14805


Disclaimer
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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Listing Contact:

Steve Zimmerman
 Restaurant Realty Company
 
Phone:  415-945-9701
    Fax:   415-945-9702

 www.restaurantrealty.com

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