Alamo Restaurant and Bar Sold 2017

Restaurant Details - Please Send More Info About This Property


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DESCRIPTION
Alamo restaurant and bar in turn key condition. Fantastic opportunity for an experienced restaurant operator. Good long term lease.
This restaurant is very well located in a shopping center in the heart of the upscale community of Alamo. There was a previous restaurant here for many years but when it closed, the current owners gutted it and completely rebuilt the new restaurant from scratch in 2013. Everything is first class and all new. New plumbing, new grease interceptor, electrical, kitchen, bar etc…all new. There are two (2) 16 foot hoods, a large kitchen area perfect for dining, banquets and catering a banquet room for 50 overlooking a wine cellar and much more. A catering van is included. There is a state of the art front bar with a brass bar top, Wine Almulsion System for 12 bottles of wine, and 6 each beer and wine taps. 4 TV’s and 47 and 58 (catering) Liquor Licenses. This restaurant is currently closed and is being sold as an Asset Sale with a long term lease. This is a fabulous opportunity for an experienced operator to acquire a first class restaurant and bar with a good long term lease in turn key condition. Size: 5,460 SF seating capacity 166; banquet room 50 Term: Until 6-30-2023 + Two (2) five- year options. Rent: $11,259 + NNN
GENERAL
Region:
East Bay

Location:
Alamo

FINANCES
Asking Price:
125,000

Monthly Rent:
$11,259

FACILITY
Facilities:
Fantastic all new restaruant in 2013

Approximate Size:
5,460 sff

Seating:
166 capacity 50 seat banquet room

License:
47 and 58

Lease Expiration:
June 30, 2023

Lease Options:
Two five year options

Employees:
Currently closed