Rural 'Jamestown' - SBA Pre- Approved - Real Estate Inc - Boutique Hot

Jamestown, CA (Tuolumne County)

Rural 'Jamestown' - SBA Pre- Approved - Real Estate Inc - Boutique Hot
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Asking Price: $1,600,000

Cash Flow: $203,146

Gross Revenue: $917,915

EBITDA: N/A

FF&E: $0

Inventory: N/A

Real Estate: N/A

Established: 1900

Rural 'Jamestown' - SBA Pre- Approved - Real Estate Inc - Boutique Hot

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Business Description

Rural 'Jamestown' - SBA Pre- Approved - Real Estate Inc - Boutique Hotel with Restaurant.

RRC#: 3746
Price Reduced: Offered At $1,600,000
Location: 18183 Main Street Jamestown CA, Tuolumne county
Annual Revenue: $917,915
Annual Cash Flow: $203,146
Monthly Rent: Real Estate Included

Listing Description:
Move to the the Tourist driven rural town of Jamestown. The National Hotel with it's Restaurant, Bar, Patio and Owners Accommodations is a truly historic gem and has been in business since 1859. This is the first time in 45 years that it's offered for sale and amongst the 10 oldest lodging properties in California. Extremely low, fixed interest rate SBA finance is available over 25 years. This is a business and a home all in one. The lot size is over 11,500 square feet with 5,365 of hotel and restaurant building plus an owner or manager's 1,200 square feet home on site which is included with the sale. There is also a further 1,100 sq ft of covered storage. The owner has taken great pride over 45 years of upgrading the property while keeping the historic charm of this restaurant and hotel but having owned and operated solely since 1974 he wishes to retire. Recent remodels and investments include the addition of the last 2 bedrooms, webcams installed throughout, new draft beer box installed, new backyard & fence built, inserted stained glass & replaced the whole front 2nd floor balcony and finally being installed, a power generator so the business can ruction normally during a outage. This hotel and restaurant includes the real estate and is a once in a lifetime opportunity and a turnkey operation with many long time employees. 9 exquisite bedrooms for this bed and breakfast boutique hotel upstairs, each having a private bathroom. Loyal clientele come for the experience from miles away. There is an ABC Type 47 hard liquor license, a bar and restaurant plus a large outdoor patio area with its organic garden. Hotel rooms include bathroom with antique finishes for those historical lovers. This gold-rush style saloon serves Mediterranean cuisine with many menu items including herbs and vegetables grown from their very own garden. Most of their breads are baked in house including their hamburger buns and steak rolls. Some equipment brands included in their modern kitchen are from Wolf, True & Traulsen. The bar is an original 100 + yr old wooden back bar, saloon style highlighted in the front of the restaurant with its own 30 seats. The hotel and restaurant has a large presence on the internet and is listed on over 100 websites worldwide. To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long term, fixed low rate SBA loan solution please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the full financial information & list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Information:
Organization: Corporation
Established: 1859
Current Owner: 1974
Employees: 22
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: $76,500
Monthly Cash Flow: $16,929
Annual Revenue: $917,915
Annual Cash Flow: $203,146
Payroll: $276,464

Detailed Information

Location:
Jamestown, CA
Real Estate:
Owned
Included in asking price
Building SF:
5,365
Employees:
22
Facilities:
Seating: 30 Bar, 70 Dining room Hours: Mon 11:30 am - 9:00 pm Tue 11:30 am - 9:00 pm Open now Wed 11:30 am - 9:00 pm Thu 11:30 am - 9:00 pm Fri 11:30 am - 10:00 pm Sat 11:30 am - 10:00 pm Sun 10:00 am - 9:00 pm Parking: Nearby Parking & Street
Reason for Selling:
Retirement
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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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