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American comfort food est10 yrs.desirable Marin neighborhood. - Marin, California

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American Comfort Food Est10 Yrs.desirable Marin Neighborhood.
Marin, California
 
Asking Price $270,000
Revenue Contact For Info  
Cash Flow Contact For Info  
Lease Rent $2,600 / month  
Square Feet Contact For Info  

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Listing Description
 
This restaurant has been established 10 years in a very desirable Marin neighborhood with strong loyal customer following. It is set up around an American menu consisting of breakfast items, sandwiches, salads, smoothies and shakes, and restaurant specialities. The restaurant has a great deal of charm and atmosphere and fits in well to this upscale community. There is ample parking across the street in public parking which is unique for this type of location. The restaurant is currently open for breakfast and lunch but it could be expanded to dinner. Another opportunity is to open on Sunday. Currently the restaurant operates 6 days a week but Sunday could be the biggest day of the week because of the huge potential for breakfast/brunch on Sunday. The restaurant also has a great lease: 2,600 monthly rent. Term 5 years + (1) five year option to extend. The lease has a First Right of Refusal to purchase the building. Owner is retiring and wants to keep the sale of this business very confidential. Please calll or email J. Back & Associates for a confidentiality agreement to receive information. .
General Information
     Organization: Sole Proprietorship
     Year Established: 2000
     Current Owners: 2000
     # of Employees: Contact For Info
     Seating: 50
     Square Feet: Contact For Info
     Parking: Public
     License(s): Beer and wine
     Day & Hours Open: 6 days Closed Sunday
     Reason For Sale: Retirement
   

Financial Information

     Revenue: Contact For Info
     Cash Flow: Contact For Info
     Payroll: Contact For Info
     Inventory: Contact For Info
     FF & E: Contact For Info
   

Lease Information

     Lease: $2,600 / month
     Expiration: 2015
     Yearly Adjustment: 3 percent
     Option: 5 years
     Security Deposit: 3,600
   

Financing Information:

     Down Payment: Contact For Info
     All Cash: Contact For Info
     Note Balance: Contact For Info
     Rate/Term of Note: Contact For Info

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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Restaurants For Sale Online, LLC has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.
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Listing Contact:

Contact: Jeff Back
 Phone: 925-736-8200

Jeff Back
 J. Back & Associates Restaurant Real Estate
 
Phone:  925-736-8200
    Fax:   925-648-8265

 www.jbackrestaurants.com

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