Former Ethel Reds Turn Key Restaurant off CA-198 Excellent Retail Corridor w/ High Volume Consumer Exposure Close Proximity to Major Traffic Generators & Fwy Off Ramps Freestanding Building w/ All Equipment Included in the Sale ±9,600 SF Available on ±1.49 acres Surrounded with Quality Tenants Existing Highly Visible Signage Across From Hotel Great Visibility, Convenient Parking & Easy Access to Off/On Ramps
Property Information: Total Size: Lot Size: Year Built: APN: Zoning: ±9,600 Sq Ft 64,904 Sq Ft 1985 023-020-077 Commercial (MU) Sale Price: Lease Rate: Parking Spaces: Seller Carry Option: Frontage: $1,200,000 $899,000 ($93.65/SF!) $5,950/Month; Modified Gross 43 free Surface Spaces Yes - Call For Details 176' Frontage on D St (with 2 curb cuts) Demographics: 1 Mile 3 Mile 5 Mile Population: 6,248 27,397 34,571 Avg HH Income: $52,911 $66,761 $65,986 Households: 2,168 9,125 11,294 Work Population: 1,561 4,307 8,735 Traffic Counts: Comments: ±28,430 Cars Per Day Former Ethel Reds Freestanding Restaurant in large parking area. Highly visible pad location across from large employers and Hotel with powered sign included. Offers a total of ±9,600 Square Feet with a functional floor plan that has recently undergone an extensive renovation and includes (3) bars, stage/band area, fresh tile/wood floors, numerous banquet rooms, new roof, enclosed patio, LED lights and flat screen TV s throughout, up-todate security/surveillance systems, fully operational turn-key kitchen and more. The sale includes all real estate, furniture, fixtures, security systems, equipment, inventory, & good will. Natural resting spot for locals, travelers, and commuters to and from major California destinations. Very affordable employment. Just minutes away from Naval Base and Hanford. Seller open to a lease, lease with option, traditional sale, seller-carry, conventional financing, etc. See page 6 for SBA SnapShot Location: Well located off Lemoore' s Major East/West Highway 198 in-between many Motels and the Houston and Lemoore Ave on/off-ramps. Property is North of Highway 198, West of 17th Ave, and East of Lemoore Ave on East D Street St in Lemoore, CA (home of the Lemoore Naval Base).
Main Dinning Room Area: Dinning/Front Entrance Areas: Bar Area:
Bar / Stage Area: Kitchen Area: Kitchen Area:
Ariel View: Subject Property To Lemoore Ave To Highway 41 To Highway 198 Location Map: Subject Property Cinnamon St CA-41 N. 19th Ave Lemoore Ave E. D St E. Bush St Houston Ave To Fresno To Naval Base CA-198 To Hanford
SBA Loan Snapshot: Estimated Project Costs Est Funding Source % of Project Est Int Rate Loan Term Monthly Payment Purchase of Land/Building: Estimated SBA Loan Fees: Estimated Interin Bank Loan Fee: Total Project Cost: $ 1,100,000 $ 16,315 $ 6,600 $ 1,016,647 Bank Loan Amount: 504 Loan Amount: Applicant Down Payment: Total Sources of Funds: Restaurant Equipment List: (1) 20 Foot Long Preperation / Serving Table (2)Double Door Reach In Refrigerator / Freezer (1) 2-Door 60" Prep & Refrigerator (1) 36 Inch Wide Six Burner Heavy Duty Restaurant Range with Oven (3) S-Model Series 600 Ice Machines (2)BAR SINKS 18" DEEP SERIES (3 Sinks per unit) (2) Radiant Char Broilers (3) Economy Tube Fired Gas Fryers (1)Electric Meat Grinder and Sausage Stuffer (1) Electric Meat Slicer 49% 5.25 25 years $ 3,615 41% 4.6 20 years $ 2,702 10% - - - 100% - - $ 6,371 (2) Stackable Commercial Grade Bakers Pride Ovens (2) Hot Top Griddle Burners (3)Step-in / Walk-in In Freezers and Coolers (1) 20-quart capacity (1) CMA Commercial Dishwasher (1) Supreme Metal Electric Hot Food Table Multiple Hood Ventilation Systems Multiple Serving Trays with Serving Carts Multiple Microwaves ALL Cookware, dishes, glasses, utensils, supplies, etc. Multiple Storage rooms Security Room/Office Beverage Serving Area & MORE