Businesses For Sale Network in California - San Francisco Bay Area/ Food & Beverage Operation (Restaurant, Bar & Banquet Facilities) at Golf Course with $225,000 Profit
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Listing View: Food & Beverage Operation (Restaurant, Bar & Banquet Facilities) at Golf Course with $225,000 Profit - Conta Costa County, California


Food & Beverage Operation (restaurant, Bar & Banquet Facilities) At Golf Course With $225,000 Profit
Conta Costa County, California

Offered at:
$299,000

Office Listing #   1546
Revenue: $91,700 / month
Cash Flow: $18,750 / month
Lease Rent: 6% of sales
Square Feet: 10,000+

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 Listing Description

This is a unique opportunity to purchase the food and beverage facilities with a long term lease at a well known golf course in Contra Costa County. The facilities overlook rolling hills and have breathtaking views and consist of a bar and cocktail lounge, restaurant with its own dance floor, snack bar, large outdoor seating area and banquet rooms accommodating as few as 30 guests to as many as 250 guests. There is also a mission style clubhouse and picturesque wedding site. A large percentage of the sales are generated from banquet sales which are very profitable. There is upside to convert the restaurant to a sports bar or other themed destination bound restaurant. Some of the equipment includes as follows: 20' and 11' type 1 hoods with fire suppression systems, 3 ice machines, warming oven for plates, 2 full door refrigerator, 4 and 7 compartment steam tables, 4 - 6 burner (24 burners total) tops over 4 ovens, 2 - 3' flat grills over ovens, 2 -3' char grills, 2 refrigerator drawers, 2 - 3 door under counter refrigerators (1 with sandwich station), convection oven, counter mixer, steamer, 3 utility sinks, 3 hand sinks, 2 dishwashers, 3 - 2 compartment sinks, 2 single sinks + rinse hoses, slicer, 2 walk in refrigerators, 2 walk in freezers, double basket fryer, 3 -2 door under counter refrigerators (1 with sandwich station), 2 - 3 compartment sinks, 2 cash registers, full door glass refrigerator, 1 door under counter refrigerator, ice bin, 6 taps, hot dog warmer, 2 door under counter refrigerator, 7' beer box and 4 flat screen TV's (2 large and 2 smaller), etc. There are also restrooms, offices, a brides changing room and several storage areas. The unique feature on the premises lease is that there is no minimum rent so the rent never exceeds 6% of net sales (sales after sales tax). Yearly sales are $1.1 million including service charges.

General Information
Contact Information
Organization:   Corporation
Year Established:   Contact For Info
Current Owner:   Contact For Info
# of Employees:   Contact For Info
Seating:   Banquet Rooms 100 & 200 patio 50 Restaurant/Bar 60+
Square Foot/Size:   10,000+
Parking:   Parking lot
License(s) Required:   Business, ABC Type 47 (hard liquor)
Days Open/Hours:   Daily per the hours of the golf course or longer
Reason For Sale:   Other interests
     
Financial Information
Revenue:   $91,700 / month
Cash Flow:   $18,750 / month
Payroll:   Contact For Info
Lease Information
Lease Rent:   6% of sales
Lease Expiration:   12/31/2013
Lease Option:   2 Five Year Options
Listed by:   Steve Zimmerman
 Restaurant Realty Company
Email: Email Seller
Phone:  415-945-9701
Fax:  415-945-9702
Website:  www.restaurantrealty.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


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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, Business For Sale Exchange 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.
 
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