#5425
Contra Costa County

Upscale bar and restaurant for sale in Downtown Walnut Creek

$1,000,000
Available

This is a full service restaurant with open kitchen locate in upscale neighborhood in Downtown Walnut Creek. Ambiance is excellent with a full bar to serve drinks and cocktails. Type 47 hard liquor license is included in the sale. Can convert into other concepts. Annual sales is at $1,800,000. Lease is $15,379 all inclusive

This is a The Real Estate Discount Concept listing.
Realtor Tommy Tran DRE License #01439113

Lease

Region:
Contra Costa County
Lease Term:
There 8 years + 5yr + 5yr on lease
Total Monthly Rent:
$15,379

Financials

Last Year's Annual Gross:
$1,800,000

Operations

Liquor License:
47
# of Part-Time Employees:
26
# of Working Owners:
3
Hours Open:
open 7 days- 11:30- 10pm, sat-sun 10-11pm
Year Established:
2017
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
street parking
Inside Sq. Ft.:
3000+700 private room

Highlights

  • Upscale neighborhood on busy street
  • Bar and open kitchen
  • Type 47 hard liquor license

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
50%

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 21,634 88,265 193,114
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,389 38,692 78,400
2010 Persons Per Household 2.12 2.10 2.33
Median House Value $727,700 $601,621 $638,268
Income Per Household $77,173 $86,486 $94,390
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,066 3,743 6,678
2012 Number Of Employees 63,372 121,066 178,726
2012 Total Annual Payroll $2,184,758,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

The information contained in this offering profile was provided by the Seller and is believed to be accurate. RestaurantForSales.com and The Real Estate Discount Concept its agents, brokers, managers, employees have not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness whatsoever.  You are responsible for performing a thorough due diligence of the business before consummating a transaction. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer.  Please note: (1) Sq. ft. is estimated (2) Annual Payroll is last year's and does not include any owner wages. 


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