Remodeled Restaurant/Bar; $3.6 Million Sales

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Asking Price:
$395,000

Gross Revenue:
$3,653,136
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

This beautifully designed restaurant and bar, Corners Tavern, is located in a prime location at the Broadway Plaza Shopping Center in Walnut Creek. It is located next to a major shopping center and a vibrant downtown area that has an abundance of retail shopping, offices and multi residential units. The initial operator spent well in excess of a million dollars building out this beautiful space. The restaurant dining room seats approximately 150 including a moderate size outdoor seating area. There is a separate bar area and lounge adjacent to the dining room and there is a U shaped bar with 28 bar stools with additional bar seats around the bar area There is a private banquet room which seats 24. The decor has high quality materials, high ceilings and a large glass frontage which opens. In addition to the main kitchen, there is a prep kitchen, dishwashing area, service stations, 2 ADA restrooms, storage areas, delivery area and office. Some of the equipment includes as follows: 2 - 11' type 1 hoods with fire suppression systems, 2 convection ovens, 2 double basket fryers, 4 -6 burner units over ovens, 1 holding oven, 3' char grill, salamander, 1 undercounter refrigerator unit which includes 1 door + 4 undercounter drawers with a sandwich station on top, 2 compartment drop in freezer, utility sink, toaster oven, microwave, slicer, 4 hand sinks, POS system, 42 employee lockers, 12 undercounter refrigerator drawers, 2 group espresso machine, 2 -2 door undercounter refrigerators, 4 glass door undercounter refrigerator, 3 walkin refrigerators, 2 full door freezer, 2 -3 compartment sinks, 3 -2 compartment sinks, mop sink, ice machine, 2 ice bins and 16 taps, etc. The two undercounter dishwashers and main dishwasher is rented. The business recently closed.

About the Business

Location:
Contra Costa County, California

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Listing Info

ID:
1640952
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Business Listed by

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

Restaurant Realty Company
License# 00976818

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