Restaurant Bar/Grill and Real Estate Rental Income

Bridgeport, CA (Mono County)

Seller Financing Available
Restaurant Bar/Grill and  Real Estate Rental Income
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Asking Price: $695,000

Cash Flow: $146,000

Gross Revenue: $780,000

EBITDA: N/A

FF&E: $0

Inventory: $5,000

Real Estate: $500,000

Established: 1960

Restaurant Bar/Grill and Real Estate Rental Income

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Business Description

Long established successful with current owners since 2005 located in small town in the Eastern Sierra mountains along along Hwy 395. Summers are top fishing, hiking and other out door activities. Deal includes fully equipped restaurant with type 47 liquor license. Has been closing in the winter months so new owners can have an extended vacation if desired. Corner location great visibility with three rental units upstairs that generate $1,800 month in rental income and includes rear lot currently used as parking.

Revenue and cash is pre- pandemic and when owners operated.

All help run currently as owners moved out of state couple years ago. Long term seller financing available with reasonable down payment.

With Covid 19 winding down 2021 and beyond should be great years as more and more people have discovered the wonders of the Eastern Sierras.

Detailed Information

Location:
Bridgeport, CA
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
6,300
Facilities:
Free standing building with upstairs rental units. Fully equipped kitchen with pizza oven and nice bar and dining areas.
Competition:
Very little competition in town with one other similar type restaurant. In route to Lake Tahoe and Reno going North and Yosemite, June and Mammoth Lakes just to the South.
Growth & Expansion:
Can improve revenue and profits by opening for breakfast and updating menu. Adding BBQ of other unique offerings could greatly increase local and through traffic along Hwy 395 (runs from Mexico to Canada) along Sierras
Financing:
20 years @ 7%
Support & Training:
avaible
Reason for Selling:
Hired as commercial pilot and moved to Idaho.
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Gary Hines

Business Listed By:
Gary Hines

Vanguard Resource Group


Sponsoring Broker:
Ken Oppeltz

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