Established Restaurant/Wine Bar with Exquisite Outdoor Patio $2 Million + Sales & $300,000 Profit- SBA Pre-Approved

RRC#5168
Asking Price: $725,000
Location: Santa Cruz County
Annual Revenue: $2,015,271
Annual Cash Flow: $299,340
Monthly Rent: $725,000


Listing Description:

This opportunity is pre-qualified for an SBA loan so his business can be purchased with as little as ten percent (10%) cash down.

This beautifully designed Mediterranean restaurant is located in a prime central location and has a dining room, wine bar, beautiful enclosed outdoor seating area with outdoor heaters, display kitchen, and prep kitchen. The restaurant only operates five days a week (Tuesday-Saturday) so there is upside for an additional two days of business and Sunday (one of the days closed) is one of busiest days of the week for this location.

The dining room has an open airy feeling with lots of windows, high ceilings and a combination of booth seating, banquette seating and tables and chairs. The wine bar has bar seats and additional high top tables with high top seats. The restaurant has tile floors throughout, is totally ADA accessible, has 2 ADA restrooms, an office and several storage areas.

Some of the major equipment includes as follows: 14' type 1 hood with fire suppression system, Toast POS system, 6 burners over oven, char grill, specialty grill, 6 burners, 2 deck pizza oven, 3 - 2 door under counter refrigerators (2 with sandwich stations), 2 food warmers, 3 door under counter refrigerator, 3 hand sinks, mop sink, floor model mixer, 3 compartment sink + rinse hose, 2 compartment drop-in freezer, walk-in refrigerator, 3 beer taps, hot water maker, 2 full door freezer and ice maker, etc. The restaurant has its own sprinkler system and HVAC system. The restaurant has a strong regular clientele and has an excellent long term reputation in the area.