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#932
Quincy Restaurants For Sale

Real Estate included in the Northern California Sierra Nevadas- Restaurant/Bar with Type 47

$950,000
Real Estate included in the Northern California Sierra Nevadas- Restaurant/Bar with Type 47
This Listing is Expired
This award winning chef has developed an outstanding reputation for fine dining and has brought a bit of heaven to this small Northern Sierra community- a community that is surrounded by upper-end housing developments and golfing communities. The local resort community has just added 200 new lots for sale as well as a new conference center scheduled to open in 2009.The restaurant is decorated with Knotty pine and log furniture, and has a comfortable "mountain cozy" feel- Take a look at the pictures to appreciate the interior. The business consists of a full service restaurant, bar with a type 47 license, as well as an attached deli. This owner is also selling the real estate that the bar and deli sits on. It is .32 of an acre, right on the main street of this town. If you have ever wanted to own your own business, and to be your own landlord, this is the opportunity. The business has been very profitable since it opened, and the owner needs to sell it to take care of other family concerns out of town!! Owner has immaculate records for the business, and SBA financing is available. Please select one of the bright orange buttons below to get the name and address of the restaurant. If you're not a registered buyer, it will ask you to register. It costs you nothing! And you'll get placed on our e-mail list getting first look at our newest listings.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Quincy Restaurants For Sale
Lease Term:
be your own landlord!

Financials

Last Year's Annual Gross:
$688,583
Last Year's Owner's Cash Flow:
$129,359
Last Year's Food Cost %:
34.7
Last Year's Payroll Cost %:
37.4

Operations

Liquor License:
47
# of Full-Time Employees:
5
# of Part-Time Employees:
5
Hours Open:
Open 6 days a week- closed Monday
Year Established:
1987
Hood System Type 1:
Yes

Facilities

Indoor Seating:
100
Outdoor Seating:
20
Inside Sq. Ft.:
5,230
Lot Sq. Ft.:
15540
Total Building Sq. Ft.:

Highlights

  • Beautiful Knotty Pine restaurant with deli and real estate for sale
  • Located in Picturesque Northern Sierra Town
  • Surrounded by Upscale Golf and high end second home Developments
  • Adjusted cash flow averaged close to $139,000 for past 4 years
  • Very succesful restaurant and Deli operation
  • Large bar in restaurant with Type 47 license
  • Great reputation with locals and tourists
  • Award winning chef has developed great menu
  • Two operations - Restaurant and Deli share same piece of Real Estate
  • SBA Pre-Approved with 20% down @ 8% or less for 10 on business and 25 years on real estate
  • Local area is booming- Newly developed housing lots and convention center

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 574
Households 5-mi
2010 Number Of Households 864
2010 Persons Per Household 2.00
Median House Value $339,900
Income Per Household $58,090
Businesses 5-mi
2009 Number Of Businesses 63
2012 Number Of Employees 298
2012 Total Annual Payroll $6,373,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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 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, 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. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of 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. DRE License # 01339409.


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