Fenix - Restaurant, Bar And Entertainment Venue + Real Estate

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Asking Price:
$2,995,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Fenix - Restaurant, Bar And Entertainment Venue + Real Estate - 4th St, San Rafael

RRC#: 2889
Asking Price: $2,995,000
Location: Marin County, Marin County, California
Yearly Revenue: Contact For Info
Yearly Cash Flow: Contact For Info
Monthly Rent: Contact For Info

LISTING DESCRIPTION:
Located at 919 4th st the Fenix is believed to be the first streaming live production restaurant (SLPR) of its kind, Fenix is both a live production house and fine dining experience in one. Set in a renovated historic building in downtown San Rafael. With over $2 Million recently spent on its remodel, this is a truly unique opportunity. Included in the remodeling is over $500,000 spent on audio/video equipment and over $100,000 spent on theatrical lighting. Although the business recently closed the business formerly generated close to $2 million in sales yearly with limited hours and days of operation. The facility has high ceilings, a glass frontage, custom designed hanging light fixtures, a state of the art lighting and sound system and high quality finishes throughout. The facility includes two separate bar areas, a display kitchen, dramatic dining room with a combination of tables and chairs and banquette seating and stage. There is also a prep kitchen, two basement storage areas, 6 restrooms (all the customer restrooms are ADA) an entertainer lounge, several storage areas and large office area. The landlord owns the building and will negotiate a long term lease with a qualified lessee. The current business operates on limited days and hours so there is upside for increased days and hours of operation. Some of the equipment includes as follows: 15'' type 1 hood with fire suppression system, 2 double basket fryers, 2 small deck pizza ovens, 2 - 6 burner ranges with ovens underneath, 3'' flat grill, 3'' char grill, 9 hand sinks, 5 - 2 door under counter refrigerators (2 with sandwich station on top and two units with glass doors), 2 - 4 drawer under counter refrigerator drawers + sandwich station on top, food warmer, 3 utility sinks, 1 door under counter refrigerator, counter mixer, microwave, 2 waffle irons, dumbwaiter, mop sink, 3 ice bins, POS system, 3 door under counter refrigerator with 4 taps on top, 4 glass door under counter refrigerator, 2 under counter dishwashers, 2 -3 compartment sinks (1 with rinse hose), 2 ice wells, several service stands, 2 group espresso machine, 2 coffee grinders, coffee maker, 2 tap water system, 2 walk-in refrigerators, ice machine, employee lockers, dishwasher, dishwasher sink + rinse hose, slicer, full door freezer, 5 flat screen TV''s, several monitors for advertising and 2 door refrigerator, etc. The ABC type 47 license which has a value of approx $125,000 ro $150,000 is also included with the sale.

GENERAL INFORMATION:
Organization: LLC | Seating: 195+ | Square Footage: 7,690 | Parking: Parking lot and street | Licenses Required: Business, ABC Type 47 (hard liquor) | Days Open/Hours: Limited days and hours | Reason For Sale: Other Interests |

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Listing Info

ID:
1454849
Ad Detail Views:
1364

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Business Listed by

Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Restaurant Realty Company
License# 00976818

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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