Phone: 925-736-8200
Fax: 925-736-8200
jeffback@pacbell.net
348 Red Maple Drive
Danville, CA 94506
CA License # 00463307

Danville Bar and Grill

Restaurant Details - Please Send More Info About This Property


Property Photo
DESCRIPTION
Danville Bar & Grill established 35 years with strong net and sales
This very successful and popular Bar and Grill in downtown Danville has been established over 35 years. It serves the upscale community of Danville with great burgers, salads, sandwiches, entrees, and daily specials with a full liquor bar and a variety of beers. It enjoys a great corner downtown location with approximately 100 seats inside and 72 outside seating on a wonderful patio shaded by a large oak tree. It has a good lease with 20 years remaining including two (2) five -year options. There is a well trained staff with many very loyal long term employees and several shift managers. 2021 sales were $2.6 million with $440,000 adjusted net income. The current owner worked with the founder and is planning to retire. Lease: Term: March 31, 2032 Monthly Rent: $12,500 annual cpi 2-4% NNN: $18,394 annually including real estate taxes and building insurance Options: Two (2) 5 year at FMR NO BROKER CO-OP.
GENERAL
Region:
East Bay

Location:
Danville

FINANCES
Asking Price:
1,295,000

Sales Volume:
2,612,000

Cash Flow:
420,053

Monthly Rent:
$12,500

FACILITY
Facilities:
Full liquor bar and full kitchen on a freestanding corner

Approximate Size:
3,200

Seating:
approximately 100 inside + 72 outside

License:
Full Liquor

Lease Expiration:
March 31, 2032

Lease Options:
Two (2) 5 year options

Hours of Operation:
Open 6 days




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J. Back & Associates   ·   Restaurant Real Estate
Phone: 925-736-8200   ·   Fax: 925-736-8200   ·   jeffback@pacbell.net
348 Red Maple Drive   ·   Danville, CA 94506
CA License # 00463307

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