Remodeled Restaurant/Bar; $3.6 Million Sales

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1342 Broadway Plaza, Walnut Creek; Long Term Lease
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

Remodeled Restaurant/Bar; $3.6 Million Sales; 1342 Broadway Plaza, Walnut Creek; Long Term Lease

RRC#: 3333
Asking Price: Offered At $395,000
Location: 1342 Broadway Plaza, Walnut Creek, CA
Annual Revenue: $3,653,136
Annual Cash Flow: Contact For Info
Monthly Rent: $25,458 + NNN

Listing Description:
This beautifully designed restaurant and bar, Corners Tavern, is located in a prime location iat 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 compression systems, 2 convection ovens, 2 double basket fryers, 4 -6 burner units over ovens, smoker, 2 holding ovens, 3' char grill, salamander, 1 undercounter refrigerated 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, Robot Coupe, 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, 2 counter model mixers, 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.

General Information:
Organization: LLC
Established: Contact For Info
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $304,428
Monthly Cash Flow: Contact For Info
Annual Revenue: $3,653,136
Annual Cash Flow: Contact For Info
Payroll: Contact For Info
Monthly Revenue: $304,428
Monthly Cash Flow: Contact For Info

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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