Petaluma Bistro with Strong Cashflow in Great Location

Price: $580,000

Location: Petaluma, Sonoma County

Industry: Restaurants and Other Eating Places

Listing ID: 5156

DESCRIPTION

Award winning restaurant in a unique location with a great mix of indoor and outdoor seating. The owners have maintained strong SDE over many years and the sale is SBA prequalified. The restaurant is fully staffed with a stable and well-trained workforce supported by well-designed standard operating procedures. The interior design is both warm and rustic and is accented with surprising custom features throughout. Upgrades required by the Sonoma County Health Department at the change of ownership have been completed which will save the buyer a lot of time and money to secure ownership.

LISTING DETAILS

Cash Flow: N/A

OPERATION
Year Established: 2010

Days & Hours of Operation: Open 7 days a week Monday-Thursday from 11:30am-7:30pm; Friday-Saturday 11:30am-8:00pm and Sunday 11:30am-4:00pm.
LOCATION
Facilities Information:

The restaurant is 1,835 square feet (approx.) with inside seating for 24 (approx.) in the main dining area, 26 (approx.) in the Social Hall, 14 (approx.) in the breezeway and 14 (approx.) for the outside seating. Seller is currently operating with additional outside seating on the city-owned front sidewalk and with tent seating in a parklet as part of the city’s temporary, Free Range, seating program due to Covid. Buyer to discuss continuation of additional sidewalk and tent parklet seating with the City and the Landlord.

Rent is currently $4,587.50 monthly + $1,689.35 NNN. Current term expires December 31, 2026. Qualified Buyer to secure current lease terms with options as desired.

Founded in 2010, the is open 7 days a week Monday-Thursday from 11:30am-7:30pm; Friday-Saturday 11:30am-8:00pm and Sunday 11:30am-4:00pm.

Two owners work the equivalent of one fulltime manager, with 11 full-time and 13 part-time employees. Many of the employees have worked with the ownership for over 7 years.

Inventory is valued at $30,000 (approx.) and is available for purchase at wholesale cost and is not included in the purchase price

Premise is licensed with a Type-41 Beer & Wine license

PRICE INCLUDES: Furniture, fixtures and equipment, covenant not to compete training period, business name (DBA), recipes, menu, training/consulting, leasehold interest, leasehold improvements, and goodwill.

SUMMARY
Historical Summary:

-The restaurant is 1,835 square feet (approx.) with inside seating for 24 (approx.) in the main dining area, 26 (approx.) in the Social Hall, 14 (approx.) in the breezeway and 14 (approx.) for the outside seating. Seller is currently operating with additional outside seating on the city-owned front sidewalk and with tent seating in a parklet as part of the city’s temporary, Free Range, seating program due to Covid. Buyer to discuss continuation of additional sidewalk and tent parklet seating with the City and the Landlord.

-Rent is currently $4,587.50 monthly + $1,689.35 NNN. Current term expires December 31, 2026. Qualified Buyer to secure current lease terms with options as desired.

-Founded in 2010, the is open 7 days a week Monday-Thursday from 11:30am-7:30pm; Friday-Saturday 11:30am-8:00pm and Sunday 11:30am-4:00pm.

- Two owners work the equivalent of one full time manager, with 11 full-time and 13 part-time employees. Many of the employees have worked with the ownership for over 7 years.

-Inventory is valued at $30,000 (approx.) and is available for purchase at wholesale cost and is not included in the purchase price

-Premise is licensed with a Type-41 Beer & Wine license

PRICE INCLUDES: Furniture, fixtures and equipment, covenant not to compete training period, business name (DBA), recipes, menu, training/consulting, leasehold interest, leasehold improvements, and goodwill.

For more information on this listing, please complete our Non-Disclosure Agreement

CONTACT DEAL OWNER

Ryn Admin Longmaid

Phone: 707-503-9335
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