SBA Approved - Real Estate Included - 9 Bedroom Hotel With Restaurant,

Jamestown, CA (Tuolumne County)

SBA Approved - Real Estate Included - 9 Bedroom Hotel With Restaurant,
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Asking Price: $1,600,000

Cash Flow: $138,400

Gross Revenue: $916,715

EBITDA: N/A

FF&E: $0

Inventory: N/A

Real Estate: N/A

Established: 1900

SBA Approved - Real Estate Included - 9 Bedroom Hotel With Restaurant,

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Business Description

SBA Approved - Real Estate Included - 9 Bedroom Hotel With Restaurant, Patio And Owners Apartment

RRC#: 3921
Asking Price: Offered At $1,600,000
Location: 18183 Main Street, Jamestown
Annual Revenue: $916,715
Annual Cash Flow: $138,400
Monthly Rent: Real Estate Included

Listing Description:
SBA Approved – Real Estate Included for The Circa 1859 National Hotel, Restaurant, Bar, Patio including an owner’s 2 bedroom apartment. This is the first time in 46 years that this business has changed hands and is for sale amongst the 10 oldest lodging properties in California. Extremely low fixed interest rate SBA finance is available over 20+ 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 sq ft 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 46 years of upgrading the property while keeping the historic charm of this restaurant and hotel and now having owned and operated since 1974 he wishes to retire. Recent remodels and investments include the addition of full back-up power electric generators for 24/7 independence, the last 2 bedrooms, webcams installed throughout, new draft beer walk-in, new backyard & fence built, inserted stained glass & replaced the whole front 2nd floor balcony. This hotel and restaurant includes the real estate and offers a once in a lifetime opportunity to purchase 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 and has a fully equipped large kitchen and storage. 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 business 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 SBA loan solution please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the full financial information & comprehensive 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:
Established: 1859
Current Owner: 1974
Employees: 22
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: $76,400
Monthly Cash Flow: $11,533
Annual Revenue: $916,715
Annual Cash Flow: $138,400
Monthly Payroll: $28,372

Square Feet: 5365 Main + 700 Patio & 1200 Owners Accommodation
Seating: 30 Bar, 70 Dining room
Parking: Nearby Parking & Street

Detailed Information

Location:
Jamestown, CA
Real Estate:
Owned
Included in asking price
Building SF:
5,365
Employees:
22
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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