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Listing View: Restaurant with Full Bar & Banquet Room - East Bay, California


Restaurant With Full Bar & Banquet Room
East Bay, California

Offered at:
$275,000

Office Listing #   7704
Revenue: $719,780 / year
Cash Flow: $106,963 / year
Lease Rent: Contact For Info
Square Feet: 8800

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 Listing Description

This successful restaurant, Bar with banquet facility has been established for over 50 years. This 8800 sq.ft well designed restaurant has Large Kitchen, Dining Area, Separate Cocktail Lounge and complete Banquet facility. It is located in the heart of industrial area in an east bay town. It has seating capacity of over 200. This restaurant is a perfect place to book all kinds of events such as business meetings, weddings, birthday parties, sports events etc. This casual dining restaurant serves Breakfast, Lunch and Dinner. Current owner wishes to retire after 30 years of serving the community. New Long Term lease starting at $7000/-per month is available to a qualified buyer. This profitable Business has been SBA Pre-Approved with ONLY $55k down to a qualified Buyer. Current adjusted net is over $100k. By Developing a website and local advertising, an Experienced Owner could increase the banquet and Catering revenues. Seller is motivated.

General Information
Contact Information
Organization:   Other
Year Established:   1959
Current Owner:   Contact For Info
# of Employees:   Contact For Info
Seating:   200
Square Foot/Size:   8800
Parking:   Ample
License(s) Required:   Contact For Info
Reason For Sale:   Retirement
     
Financial Information
Revenue:   $719,780 / year
Cash Flow:   $106,963 / year
Payroll:   Contact For Info
Financing Information
Down Payment:   55000
Listed by:   Elaine Nolan
 Business Team
Email: Email Seller
Phone:  (408)385-0412
Fax:  (408) 246-2219
Website:  www.business-team.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


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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, 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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