Business Summary

Unique one of a kind opportunity to capitalize on an
established restaurant on a very busy street in Northern
California.
This property sits off California Highway 1 which gets
approximately 8.5 million cars per year passing by. The small
town location of this restaurant lies in the heart of Californias
Central Coast farm country in Monterey County, less than 100
miles from San Francisco and less than three miles from the
Pacific Ocean and public beaches
The 3,200 square foot restaurant is currently being operated
as a Texas style BBQ restaurant. It seats 88 diners for lunch
and dinner and could easily expanded to breakfast as well

The building was built in 1993 and specifically designed to
house a restaurant of pretty much any theme. It sits on a
corner lot with 18 parking places has 100 feet of frontage on
a major street and is approximately 150 feet deep.

All restaurant equipment with hood, freezer, walk in
refrigerator, etc. is included as well as an on sale beer and
wine license. A new owner operator could keep the existing
BBQ theme and menu or change it to a theme of their
choosing.

4 unique opportunities to profit from this special property are
available to the savvy investor or restaurant operator:
1) Purchase the property for only $479,000 and run it as
restaurant yourself.
2) Purchase the property and convert it to another commercial
use of your choice.
3) Purchase the property and lease it to a restaurant operator
at current market rates ($4,950 per month) and create an
investment with a 12.5% cap rate.
4) Lease the restaurant at only $4,950 per month with an
option to purchase and affordable start the restaurant you
have always dreamed about owning!!

Property Details

Other Business Details

Miscellaneous Details