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Hotel Mac Restaurant, Bar And Banquet Facilities

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1787928
Net Profit / Cash Flow  $207408
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1978
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Description  Hotel Mac Restaurant, Bar And Banquet Facilities With $1.8 Milllion Sales And $200,000+ Profit RRC#: 1763 Asking Price: $375,000 Location: 50 Washington, Point Richmond, California Yearly Revenue: $1,787,928 Yearly Cash Flow: $207,408 Monthly Rent: $7525 versus 6% of sales LISTING DESCRIPTION: This beautiful and historically designed turnkey facility incorporates a comfortable cocktail lounge with large bar, two dining areas, wine cellar dining area and large banquet facility. There is a full kitchen, prep kitchen, office, wine cellar, 4 restrooms and several storage areas. Some of the equipment includes as follows: 12' and 4' type 1 hoods with fire suppression systems, 1' x 3' flat grill + 4 burners over oven, 4 - 2 door under counter refrigerators (2 with sandwich stations), 2 compartment sink, salad refrigerator, 2 hand sinks, dishwasher, dishwasher sink + rinse hose, 1 door under counter refrigerator, 2 microwaves, walk in refrigerator, 2 compartment ice cream freezer, slicer, ice maker, 2 - 1 door freezers, 2 door freezer, ice crusher, 2 compartment soup warmer, 2' x 2' flat grill, cheesemelter, 6 burners, 4 door under counter refrigerator drawers, holding oven, cooking oven, 8 employee lockers, mop sink, Digital Dining POS system - 4 monitors and 6 printers, 4 compartment sink, 6 ice wells, 1 group espresso and 4 door under counter refrigerator, et. There is a long term lease with very reasonable terms as indicated below and the landlord is easy to work with. There are many long term employees which adds to the stability of the business. There is upside for expanded hours and the addition of brunch/ lunch on the weekends. Point Richmond is a charming town filled with GENERAL INFORMATION: Organization: Corporation | Current Owner: 1978 | Seating: 100 Dining Rooms 50 Bar 85 Banquet Room 8 Wine Cellar | Square Footage: 6,000 approx | Parking: Street and Parking Lot | Licenses Required: Business, ABC Type 47 (Full Liquor) | Days Open/Hours:
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