Hot Listing

Peninsula Favorite - $3MM sales - 11 years on the Lease

Asking Price$398,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$3,024,792

Inventory$15,000
Not included in asking price
FF&ENot Disclosed

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Hot Listing

Peninsula Favorite - $3MM sales - 11 years on the Lease


Asking Price$398,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$3,024,792

Inventory$15,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
This Bay Area restaurant is renowned for its authentic classic American food and its premium beers; there are twenty-four on tap and a wide selection of bottled beers. Established in 2021, the owners made a significant investment in creating a state-of-the-art dining environment. They invested over $3 million in the build-out, including over $1.9 million in leasehold improvements and over $780,000 in furniture, fixtures and equipment. The result is a stunning 4,751 sq. ft. space that can comfortably seat 115+ patrons inside and 60 more on its spacious 1,414 sq. ft. covered and heated patio. The restaurant is fully staffed with a general manager, assistant manager and head chef which allows the owner to spend minimal time at the restaurant.
The owners are making a career change out of the restaurant business and are motivated. This is a great opportunity for an experienced restauranteur.
About the Business
Years in Operation
4
Employees
31 (12 Full-time, 19 Part-time)
Facilities & Assets
This state of the art restaurant was built out by the owners in 2021 with new fixtures and equipment. It has two covered and heated patios.
Opportunities for Growth
Beverage sales could be increased by adding a type 47 ABC license
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,175
Rent
$16,059.00 per month
Lease Expiration
6/30/2036
About the Sale
Seller Motivation
Career change
Financing Options
Seller financing may be considered for a qualified buyer.
Listing Info
ID
2390588
Listing Views
634

Contact Seller

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Business Listed by: Bay Area Business Brokers Bay Area Business Brokers

Listing ID: 2390588 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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