Newly Remodeled Breakfast and Lunch Restaurant in Shopping Center, $1.3 Million Sales

RRC# 5054
Location: Santa Maria

Description:
This well-established business is located on a prime corner and has been in business for over 1 ½ years and it is in a well established shopping Center with a major retail anchor as Target. Past year sales are at 1.5 million. The location is on a major thoroughfare and there are several hundred high end residential homes, condominiums, a major entertainment center and many multi-unit residential buildings and office buildings nearby. The major road is home to Costco, Walmart, Home Depot, Lowes, BestBuy and many other retail stores. The restaurant has a large glass frontage wrapping around most of the facility which gives the business an open airy feeling. It seats 160 people.
New furniture, most equipment are new and still have warranty.
The facility includes a dining room which has a combination of booth seating, two open areas for large parties, seating and tables and chairs, two counter bars, a display kitchen, take out counter, large prep kitchen and an employee break area, large beverage area. There are also 2 ADA restrooms, storage areas upstairs, office and employee locker room.

Financial Information:
Monthly Revenue: $106,750 Monthly Cash Flow: Contact for Info
Annual Revenue: $1,300,000
Annual Cash Flow: Contact for Info

General Info:
Ownership: Corporation
Established: Contact for Info
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: $19,819 all inclusive
Expiration: 12/4/2033 plus 2 - 5 year options

Facilities:
Square Feet: 6,000 ground floor + 2,000 upstairs
Seating: 160
Parking: Parking lot
Licenses: Business, ABC Type 41 (beer & wine)
Days/Hours of Operation: Contact for Info