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#3912
Stockton Restaurants For Sale

Large highly Visible Restaurant and Bistro

$119,000
Large highly Visible Restaurant and Bistro
This Listing is Expired

Outstanding Opportunity to own a large Restaurant in Merced that sits directly adjacent to a major off ramp which is Hugely Visible from Highway 99.

Owner Reduced price to  $119,000!! Asset Sale....POS not included.

Seller priced this to move immediately due to existing ongoing concern.

The equipment and improvements alone are worth more than the price!'

Excellent for experienced owner operator.

This Casual.....yet, Upscale Bistro Restaurant includes a large Bistro Bar with plenty of seating for meetings, sports and all types of events.

There is 2 patio's....the rear patio is very large and can accommodate large outdoor gatherings....the rear patio also has a lawn and gazebo area too.

 There is also an adjoining one room suite complete with Jacuzzi included in the rent, just in case you need to relax a bit. Also included is a large office as well. Needless to say.... with all this room the possibilities are endless!

This is a Big Restaurant and can handle the bus loads to Yosemite and currently does so.

There is ranch land nearby and the local ranchers appreciate the certified Angus steaks ...in fact this is the only certified Angus beef restaurant in the county.

The building can't be missed with it's impressive features and second story tower, including well light signage. This place is second to none in terms freeway viability, but if that's not enough the owner currently advertises on 3 freeway billboards enhancing the brand and increasing customer traffic.

This is a UC town and is where tourist turn to get to Yosemite too! {Locals and tourist like the this Restaurant with Good Service and Good Reviews}

Decor: This Main Dining is very comfortable with booth and table seating. Tall ceilings are everywhere. The Bistro Bar is a great place to have Fun and enjoy Happy hour festivities..... while other patrons can enjoy the elegant Dining room atmosphere and still enjoy the cozy intimate side of the restaurant.

 There is a separate banquet room upstairs for parties, business meetings or catering events....(projectors included for meetings). There is another private room downstairs serving large groups for Lunch or Dinner.

The Bistro Bar is large with high quality furnishings and lots of natural lighting...The Bar has plenty of room for crowds with 50" big screens for sporting events to keep customers entertained.

Menu:  Steaks, Seafood, Gourmet Salads, Vegetarian and Italian !....This is the place to go for certified Angus steaks and Italian food....and don't forget the Pizza from the Brick oven!

The owner currently Caters weddings, business meetings and many various types of events to add to profitability.

Full Bar in use under a 47 license! (seller to be added to landlord  ABC license.)

Kitchen: The Huge Kitchen is fully outfitted  and you can cook anything you want here! Thousands of dollars in equipment recently purchased practically new equipment. You need to see it!

Sales: $1.57m in 2012 at approx. $130K per month ! 2013 sales are a little les due to sellers other business concern...reduced hours in 2013 and still did just over $1.4 million in sales!

2014 Sales are sub par at approx. $70K per month, but with proper advertising and management sales would increase  proportionately.

Rent:  Rent is good at $7,000 + nnn for 7,000 sqf....includes suite and 2,000 sqf. patio areas. (+ $500 for addl. parking contract next to restaurant.

Qualified buyer will get this great opportunity!

Reason for Selling: The owner operates another business venture that requires his full attention with doctors orders to slow it down due to previous health concerns.

A Paramount Restaurant Brokers, Inc. Listing

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Stockton Restaurants For Sale
Lease Term:
Expires 10/31/2016
Total Monthly Rent:
$6,500

Financials

Last Year's Annual Gross:
$1,569,968
Last Year's Owner's Cash Flow:
$151,059
Last Year's Food Cost %:
33
Last Year's Payroll Cost %:
28.5
Last Year's Rent %:
6

Operations

Liquor License:
47
# of Full-Time Employees:
11
# of Part-Time Employees:
21
# of Family Employees:
1
Hours Open:
Lunch
Tuesday - Friday 11 am - 2 pm

Dinner
Sunday - Thursday 5 pm - 9 pm
Friday - Saturday 5 pm - 10 pm
Happy Hour (Mon - Sat) 4:30 pm - 7 pm (Sun) all night in the Bistro/Bar

(Closed for Lunch Saturday, Sunday & Monday)
Year Established:
2010
Hood System Type 1:
Yes

Facilities

Indoor Seating:
265
Outdoor Seating:
100
# of Parking Spots:
50+
Inside Sq. Ft.:
7,000
Outside Sq. Ft.:
2000

Highlights

  • Priced to Sell !!
  • Fantastic Freeway Visability
  • Full Bar
  • 2 Patio
  • Local favorite
  • Near Main Road to Yosimite
  • Beneficial Marketing in Place

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
40%

Demographics

Population 5-mi
2014 Total Population 33,562
Households 5-mi
2010 Number Of Households 8,408
2010 Persons Per Household 3.81
Median House Value $101,400
Income Per Household $33,046
Businesses 5-mi
2009 Number Of Businesses 151
2012 Number Of Employees 4,748
2012 Total Annual Payroll $99,756,000

click for more demographic info

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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