Listing Name:
Bar & Restaurant

 

RestX#: 

11609
     
  Location:  Stockton
 Stockton, California
   
Offered at:
 
 $169,000
   
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 Listing Description
This popular bar & restaurant features a location that can’t be beat. It offers the perfect blend of historic nostalgia combined with the newness and excitement of the Downtown Stockton Waterfront Redevelopment. Guests can dine at the restaurant and then take a trolley directly to the arena or ball park for sporting events. Even though this restaurant was established in 2006, the business has a loyal clientele dating back to 1992 when the same owners operated a different restaurant and bar from a different location. When they relocated to downtown, they saw the opportunity to keep the younger bar and club clientele while cultivating new business with downtown visitors and professionals including attorneys, law enforcement personnel, and other employees within walking distance of the restaurant. The menu is not complex but is well-executed and fairly priced, with something to satisfy every taste. This business is two places - a restaurant by day, and a bar & club by night. It features entertainment Thursday- Saturday with DJ’s, “80’s music”, and occasional live bands. After 18 years in the business, the owners are ready for retirement and must make the time to address some serious health issues.


General Information
   Contact Information
Organization:   Not Available
Year Established:   1992
Current Owner:   1992
# of Employees:   Several long term
Seating:   Occupancy 250 +/-
Square Foot/Size:   5738
Parking:   Good parking
Lic. Required:   Type 47 & 58
Days Open/Hours:   Mon - Sun 11:30 am - 1:30 am
Reason For Sale:   Owners ready to retire
 
 
Name:  Tricia Bernhardt
 Restaurant Exchange
Phone:  916-482-7979   
Fax:  916-482-7799
Email:  Tricia@RestX.biz
Website:  www.RestX.com

 

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Financial Information
 
Revenue:   call
Cash Flow:   Contact For Info
Current  Inventory:   $10,000 in addition
Payroll:   Contact For Info

Lease Information
Lease Rent:   Approx. $2750
Lease Expiration:   New lease terms
Yearly Adjustment:   Not Available
Lease Option:   Not Available
Security Deposit:   Not Available

 
Financing Information
Down Payment:   100000
All Cash:   Contact For Info
Note Balance:   Contact For Info
Rate/Term of Note:   Contact For Info