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Quincy Restaurants For Sale

Prime Real Estate Included: Upscale Restaurant on Prestigous Lake Almanor Peninsula

$695,000
Prime Real Estate Included: Upscale Restaurant on Prestigous Lake Almanor Peninsula
This Listing is Expired
Excellent opportunity to own PRIME REAL ESTATE on Lake Almanors prestigious Peninsula. Offering partial lakes views and an upscale dining experience this 4000Sq.Ft. restaurant is ready to go. Completely redone from the kitchen through the dining room, this restaurant offers excellent opportunities. Currently open only for dinner during the summer season (six months) this restaurant could easily be open year round. Just minutes from the championship Bailey Creek Country Club this is an area of upscale homes and future site of the proposed Dyer Mnt. Ski Resort. Included in the sale is a type 47 hard liquor license (valued at $85K) as well as a double lot Zoned R-C. If you are ready to leave the city and enjoy the pristine environment of Lake Almanor, this is your chance. Truly a rare find. The restaurant is in excellent shape with a recently remodeled dining room, bar and user friendly kitchen with mostly new equipment. There is a large office and two outdoor decks with partial lake views.
Regional Manager Steve Demaggio DRE License #01722979

Lease

Region:
Quincy Restaurants For Sale

Financials

EBITDA:
call

Operations

Liquor License:
47
# of Part-Time Employees:
25
Hours Open:
Open six days a week for dinner only. Closed for winter. Should be open year round as this area is growing.
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
110
Outdoor Seating:
34
# of Parking Spots:
10
Inside Sq. Ft.:
4,000
Outside Sq. Ft.:
600
Lot Dimension:
100x337x370x50

Highlights

  • PRIME REAL ESTATE INCLUDED
  • TYPE 47 HARD LIQOUR LICENSE INCLUDED
  • TWO OUTDOOR DECKS + HUGE LAWN AREA
  • PARTIAL LAKE VIEWS
  • EQUIPMENT IN EXCELLENT CONDITION
  • BANQUET SEATING UP TO 100 PEOPLE
  • A+ LOCATION IN BOOMING RESORT TOWN
  • FIREPLACE IN SEPERATE BAR/LOUNGE
  • UPSCALE CLASSY YET FAMILY COMFORTABLE
  • SITS ON TWO LOTS ZONED R-C
  • POSSIBLE SBA LOAN
  • MINUTES FROM BAILY CREEK COUNTRY CLUB

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
15%

Demographics

Population 5-mi
2014 Total Population 2,875
Households 5-mi
2010 Number Of Households 1,491
2010 Persons Per Household 2.21
Median House Value $266,100
Income Per Household $46,463
Businesses 5-mi
2009 Number Of Businesses 73
2012 Number Of Employees 532
2012 Total Annual Payroll $8,510,000

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Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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