Listing ID: RES-WAD

$2,395,000

Cash Flow: 670000

Monterey Bay, California

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This full-service restaurant has a long-standing reputation for quality dining, a loyal customer base, and a unique location. Featuring a spacious dining area, an ABC Type 47 license, a full kitchen, and a separate bar area, this business is ideal for an experienced restaurateur looking for a turn-key operation with a long-standing lease with favorable terms.

+ High annual revenues and strong profit margins.

+ Prime tourist and local destination with heavy foot traffic.

+ Fully operational with a dedicated staff.

+ Growth potential with expanded marketing, catering, or revised operational efficiencies.

Inventory is in addition to the business purchase price.  Typical inventory is estimated at $50,000 at cost.

This is a confidential listing – perspective buyers must complete a buyer financial qualification process and sign a non-disclosure agreement (NDA) prior to receiving detailed financials and business specifics.

Serious inquiries only. Contact Carmel Business Sales today for more details and to schedule a private tour.