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Santa Clarita-High-Volume Restaurant & Bar with Full Liquor & Great Lease


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12-28-22  $440,000. A true gem! This high-volume & highly celebrated restaurant & bar with a casual atmosphere, has been serving great food, craft beers & specialty cocktails for nearly 10 years with fantastic reviews across the board. Located in a vibrant, walkable downtown area with high foot traffic. This is a very special business with increasing sales and income. Cocktails flow over the bar into the open dining area, additional dining room and streetside dining with seating for 160 people. Boasting a fully upgraded open kitchen with newer equipment. In addition to the main dining area, there is a separate private dining room that accommodates 40 guests with a small service/prep area making it the spot perfect for private parties or special events. Build on their success or make it your own neighborhood hot spot, family restaurant or sports bar, with 20 craft beers on tap! Please note, that this is also an absentee owner-run restaurant with a general manager in place.


Main kitchen equipment includes 1 walk-in cooler, grease interceptor, 14-foot hooded cook line with 2, 6 burner stoves with oven, 2 double fryers, grill with oven, salamander, 3 refrigerated prep stations, food warmer, freezer, ceiling pan rack & prep tables. Bar equipment includes one jockey box, 4-door under-counter refrigeration, ice bin, glass washing machine, small fridge, and freezer & ceiling glass racks. Additional prep kitchen features a walk-in cooler, ice maker, vac master, floor mixer, 2 slicers, prep tables, storage, single door freezer, double door freezer, microwave, storage racks, food bins, plus, a separate dishwashing room. Plus, a Toast POS system, security system, sound system, and all pots, pans, dishware, glassware, and more

 



Listed By: Teri Craft

Background information

Reference:

santaclarita

Year established:

2013

Reason selling:

Other interests out of town

Finance

Sales:

$1,560,647

Profits:

$185,000

Operations

Employees:

25

Equipment:

Main kitchen equipment includes 1 walk-in cooler, grease interceptor, 14-foot hooded cook line with 2, 6 burner stoves with oven, 2 double fryers, grill with oven, salamander, 3 refrigerated prep stations, food warmer, freezer, ceiling pan rack & prep tables. Bar equipment includes one jockey box, 4-door under-counter refrigeration, ice bin, glass washing machine, small fridge, and freezer & ceiling glass racks. Additional prep kitchen features a walk-in cooler, ice maker, vac master, floor mixer, 2 slicers, prep tables, storage, single door freezer, double door freezer, microwave, storage racks, food bins, plus, a separate dishwashing room. Other items include Toast POS system, security system, and sound system. 

Inventory:

Inventory in addition to the purchase price.

Premises

Facility:

3,871 sq. ft. Parking in back, in front and in public parking lot nearby. Owner spent over $100,000 in early 2021 replacing most of the kitchen equipment and over $20,000 upgrading the plumbing.

Square footage:

3,871

Rent and lease terms:

Monthly gross rent is $7,500. The lease expires Jan 28, 2026. There are 3, five-year options to extend. Annual increase of 3% each year.

Location:

Located in the center of a vibrant, walkable downtown area. With high traffic.

Opportunities

Growth:

This is a great business for an established owner-operator or chef.

Market:

Sales are increasing and the location has become a destination in the area.

Price and terms

Price:

$450,000

Training:

Training is available