Seller financing offered for Parisian restaurant

Asking Price$350,000

Cash Flow

EBITDA$500,000

Gross Revenue$1,000,000

InventoryNot Disclosed

FF&E$150,000
Included in asking price
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Seller financing offered for Parisian restaurant


Asking Price$350,000

Cash Flow

EBITDA$500,000

Gross Revenue$1,000,000

InventoryNot Disclosed

FF&E$150,000
Included in asking price

Seller Financing Available
Business Description
www.restaurantatmetro.com www.metrolodging.com
This historic 1870 building has been newly restored and renovated. It includes a complete restaurant with an open kitchen. The restaurant is being sold as a turn-key restaurant that is ready to go. This free-standing building, with its high traffic count (10,400 average daily count), provides a great lunch and dinner business opportunity. What awaits you is a well-established restaurant in historic downtown Petaluma, 45 seats. It is located at the intersection of Petaluma Blvd S and G St and is part of Petaluma’s highest-rated hotel, the boutique Metro Hotel, which allows for a built-in clientele. There is an average of 30 to 40 guests per night, and most are coming from out of town. These guests are in addition to the well-established customer base of Petaluma. This means you may have an additional 20 to 45 people just from the hotel guests alone. With these two great establishments together, the possibilities are phenomenal and UNAVAILABLE WITH OTHER RESTAURANTS FOR SALE. So take advantage of this great business opportunity today in beautiful historic downtown Petaluma. The kitchen comes with a new hood complete with fire suppressant system, a brand new Monague stove with French top and burners, brand new 2-basket fryer, brand new Rational steam oven, brand new 3-compartment sink, brand new one compartment deep prep sink, 2 brand new small hand sinks, brand new 3-compartment reach-in refrigeration unit, brand new one-door reach-in freezer, 2 brand new sandwich/salad countertop 60-inch refrigerators, 6 brand new under-counter 2-door refrigerators, and much more. This restaurant is fully ADA compliant.
About the Business
Years in Operation
27
Employees
7 (6 Full-time, 1 Part-time)
N/A
Facilities & Assets
All equipment and furnishings brand new.
Website
https://restaurantatmetro.com/
Market Outlook / Competition
Part of the #1 rated hotel in Petaluma, Metro Hotel & Cafe.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,400
Rent
$5,775.00 per month
About the Sale
Seller Motivation
Other interests
Financing Options
Seller financing
Listing Info
ID
2480152
Listing Views
Business Location

Contact Seller

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Business Listed by: Metro Hotel

Listing ID: 2480152 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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