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Bar And Restaurant In Fresno For Sale

Fresno, California - North
Asking Price:
$249,000 (USD)
Sales Revenue:
$1,200,000 (USD)
Cash Flow:
$96,000 (USD)

Large Bar And Grill With Abc Hard Liquor License Located In Prime Location With Great Curb Appeal

RRC#: 2500
Asking Price: $249,000
Location: Fresno, Fresno County, California
Yearly Revenue: $1,200,000
Yearly Cash Flow: $96,000
Monthly Rent: 8900 Inclusive

LISTING DESCRIPTION:
Offered for only $249,00 with 17 years lease remaining, this 6700 square feet of remodeled Bar & Restaurant seating over 200 is a must see!! There is so much scope to improve and grow this business that an experienced operator will salivate over such an opportunity for such a low a price. The remodel included hard floors, wood walls and river rock with a new Kitchen. The bar serving many craft beers along with a ABC type 47 hard liquor license is a popular venue for live music with 12 seats at the bar and a further 60 at high & community tables with TV''s, a projector TV and sports memorabilia on the walls. The main dining room with it''s combination of booths and tables seats 160. All hard floors for ease of maintenance and ample light from the large windows offering a unique view. A separate banquet room for 60 completes the front of house. The kitchen is awesome. Brand new equipment to include 1 walk–in box, 1 freezer box, (both Landlord owned) 2 flat grills, 2 char- broilers, 4 fryers, 1 cheese melter, 1 convection oven (double cabinet), 2 alto- shams (double cabinets), 1 Alto-sham single cabinet, 2 cold boxes (sandwich tables), Built-in stainless cold drawers and freezers (entire kitchen), 2 slicers, 2 Choppers, 1 food processor, 3 microwaves, 4 warmers, 31 feet hood system, 12 feet prep hood system, 2 stainless prep tables, 1 prep sandwich table, 1 prep sink, 1 3-comp dish sink, 8 POS monitors, 1 soup kettle, 1 mixer 40 qt & 2 smokers plus shelves and all small wares included. This is an amazing place and a must see opportunity. Don''t miss out Complete the ‘Confidential Information’ request at the top of this page and we’ll send you the name, address, financials & lease information for this business opportunity. We will also send you the broker contact so you can discuss in more detail.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 1986 | Current Owner: 2013 | Employees: 35 | Seating: 220 | Square Footage: 6700 | Parking: 100+ | Licenses Required: Health, Business & ABC Type 47 License | Days Open/Hours: 10.30am - 11.00pm Daily | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,200,000 | Yearly Cash Flow: $96,000 | Payroll: $34,500 |

LEASE INFORMATION:
Monthly Rent: 8900 Inclusive | Lease Expiration: 2013 | Lease Option: Two 5 Year options | Security Deposit: 16000 |

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