Restaurant with Wood-Fired Pizza Oven Eligible for Type-75 to 47 Exchange
Beautiful, clean, and well-equipped restaurant with large exhaust hood, wood-fired pizza oven and a bar serving full alcohol. Seller has a Type-75 license that buyer can purchase and convert to a 47 for a fraction of the price to purchase a full liquor license. Restaurant is operating as a family-focused restaurant with an inspired California cuisine menu. The interior offers seating for most any occasion from an intimate date night to a boisterous birthday celebration. The restaurant has all the sinks currently required by the health department allowing for a smooth ownership transition.
The restaurant is 3,000 sqft (approx.) with inside seating for 95 (approx.) inside with a combination of banquette, table, bar and outside seating. Outside patio seating for up to 40 (approx.) people.
-The current rent is $5,000 monthly + $2,500/month for restaurant utilities (PG&E water/sewer and garbage). Qualified buyer to work with landlord on extended lease terms.
-Equipment onsite includes: 15’-0” Type Exhaust Hood;10 burner stove with 2 ovens; Salamander broiler, double basket deep fryer; 24” charbroiler; 24” flattop grill; Mugnaini wood fired oven; 9’ X 7’ Walk-in refrigerator; 11’ X 7’ walk-in beverage refrigerator; walk-in freezer; multiple hand sinks; triple sink with spray nozzle and dishwasher; mop sink (in common area); prep sink and much more
-Restaurant operates 4 days a week. Wednesday 4:30pm-8:00pm; Friday & Saturday 4:30pm-8:30pm. Closed Sunday, Monday, and Tuesday.
-Owner works full-time. Owner’s spouse works approximately 15 hours per week with 5 full-time 6 part-time employees
-Inventory is valued at $15,000 (approx.) and is not included in the purchase price
-Buyer can convert Seller’s Type-75 license to a Type-47 license for approximately ($20K vs $200K for a Type-47 license)
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