Impressive Bar & Restaurant with Huge Patio Renowned for Craft Beer+

Impressive Bar & Restaurant with Huge Patio Renowned for Craft Beer & Cocktails Located in Sacramento Metro area

RRC# 4861
Location: Sacramento

Description:
Serving Quality Beer, Wine & Cocktails, this Sacramento area Icon is for sale for the asking price of $1,450 million. There are 5500 sq ft Indoors and a 5000 sq ft of Patio with a superb lease extending to February 2027 and a further two, 3 (5 year) options to extend to 2057. The menu consists of a multitude of interesting Burgers, Flatbreads, Salads, Steaks and Sandwiches. The Atmosphere is Electric, with a bar seating for 25, Indoor dining for 100+ and patio dining for a further 100+ guests and a huge cocktails menu with its ABC Type 47 hard liquor license. Outdoor live music, games and ample seating makes for a real Indoor/Outdoor family Gem in the Sacramento Metro area. High curbside visibility & appeal with ample parking makes this opportunity one of the best Gastropubs for sale in years. Annual sales revenue of $3.5 million and recovering well from the pandemic era when sales were $4 million+. Good Books & Records and Verifiable Financials available, although a new owner can correct some of the historically high operational costs especially considering annual rent is only at 6% of sales but the business is profitable. Large fully equipped kitchen with Type 1 hood and a massive array of modern cooking equipment, refrigeration & workspace. This is a highly confidential listing so to receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and the broker will request information from each interested party prior to sending the name and address of this business opportunity and any financial information, lease & the comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

Financial Information:
Monthly Revenue: $287,500
Monthly Cash Flow: Contact For Info
Annual Revenue: $3,450,000
Annual Cash Flow: Contact For Info

General Info:
Ownership: LLC
Established: 2017
Employees:55
Reason For Sale: Other Interests
Monthly Rent: $20,750 Inc CAM charges
Expiration: 2027 plus SIX x 5 year Options to Extend Lease

Facilities:
Square Feet: 5,500 + 5,000 Patio
Seating: 225
Parking: Ample
Licenses: ABC Type 47, Health and Business Permits.
Days/Hours of Operation: Open Everyday for Lunch and Dinner, except Monday