Offering Memorandum - images.bizbuysell.com · This information has been secured from sources we...
16
Offering Memorandum 919 Fourth Street, San Rafael Downtown Restaurant, Production Studio, Retail Building
Transcript of Offering Memorandum - images.bizbuysell.com · This information has been secured from sources we...
Offering Memorandum
919 Fourth Street, San RafaelDowntown Restaurant, Production Studio, Retail Building
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. © 2016 AJ & CO.
Confidentiality Agreement
The information contained in the following
Marketing Brochure is proprietary and
strictly confidential. It is intended to be
reviewed only by the party receiving it
from AJ & CO and should not be made
available to any other person or entity
without the written consent of AJ & CO.
This Marketing Brochure has been
prepared to provide summary, unverified
information to prospective purchasers,
and to establish only a preliminary level
of interest in the subject property. The
information contained herein is not a
substitute for a thorough due diligence
investigation. AJ & CO has not made any
investigation, and makes no warranty or
representation, with respect to the income
or expenses for the subject property, the
future projected financial performance of
the property, the size and square footage
of the property and improvements, the
presence or absence of contaminating
substances, PCB’s or asbestos, the
compliance with State and Federal
regulations, the physical condition of the
improvements thereon, or the financial
condition or business prospects of any
tenant, or any tenant’s plans or intentions
to continue its occupancy of the subject
property. The information contained in this
Marketing Brochure has been obtained
from sources we believe to be reliable;
however, AJ & CO has not verified, and will
not verify, any of the information contained
herein, nor has AJ & CO conducted any
investigation regarding these matters
and makes no warranty or representation
whatsoever regarding the accuracy or
completeness of the information provided.
All potential buyers must take appropriate
measures to verify all of the information
set forth herein.
ALL PROPERTY SHOWINGS ARE
BY APPOINTMENT ONLY. PLEASE
CONSULT YOUR AJ & CO AGENT
FOR MORE DETAILS.
Property Information
SummaryAddress: 919 Fourth Street, San Rafael, CA 94901
Sale Price$6,250,000
(Real estate, business and equipment)
Year Built 1930+/-
APN 011-263-08
Rentable Square Feet Approximately 7,117 sq. ft.
Land Size Approximately 5,576 sq. ft.
Zoning 4SRC (Retail)
Use Restaurant, Retail Building, Recording Studio
Fire Sprinklers No
Property Overview• Rarely Available Turnkey Operation
• Owner User Occupied
• Type 48 Full Liquor License
• State of the Art Recording Sound Studio
Property Perks
Music Royalty Over 800 shows of premium music
Alcohol Inventory $60,000+
Restaurant Inventory $600,000+ (FEE, CGS, etc.)
Restaurant Equipment $255,000+
Audio/Video Equipment $500,000+ State of the Art
Theatrical Lighting $100,000+
Property Description
The Fenix is located on the busiest block in Central San Rafael.
Near shops, restaurants and banks and is within close proximity
to the Courthouse Square Offices and Rafael Theatre. The
interior was extensively remodeled in the mid-90’s and again in
2011-2012. The Fenix is a stunning space with skylights, marble
flooring and theatre grade lighting. The property is referred to
as a SLPR [pronounced slipper], Streaming Live Production
Restaurant. This incredible space has a historical meaning to
the City of San Rafael as the former Saloon and See’s Candies.
Over $2,000,000 has been spent to upgrade this property over
the last 20 years.
Property LocationHighly visible downtown retail building located on the main
thoroughfare for central Marin. Area tenants include restaurants,
galleries & financial institutions. Easy access to Highway 101
and I-580.
A Little About the Fenix
The newest innovation in restaurant experience.
Meet the Fenix, a cutting edge SLPR (pronounced slipper; streaming live production restaurant ). Believed to be the only one of its kind
in the world today, this restaurant is a live production house, acoustically treated, state-of-the-art restaurant streaming live to the web
six nights per week. With music royalty over 1,100 past shows available on the web, over 130 countries watching with 300,000 views,
consuming over 4 million minutes…this place is like no other. It is oozing with innovation. “You can feel it the moment you walk through
the door,” says Merl Saunders Jr, Executive Director, and commonly referred to as “The Music Man”. Every room is acoustically
designed by world renowned acoustic designer, John Storyk. Some rooms are acoustically vibrant like the green room for musicians to
warm up, and some rooms are quiet. The main hall is treated with over 2100 square feet of acoustic wall material, installed with state-
of-the-art equipment. This professional live surround-sound music effect is designed to give listeners an acoustic massage and bring
quality live audio-video shows from the venue to the web.
While the music is remarkable, the food is also produced by one of the San Francisco Bay Area’s most innovative chefs. Chef Glenn
“Gator” Thompson has created his own version of unique cuisine called Neo Soul, a blend of gourmet southern cuisine with a healthy
twist, infused with southern lovin’. “Mama would be proud,” says Gator.
If you are looking for the typical restaurant experience, this is not the place for you. For diners and music aficionados, this new
innovation is like a modern music discovery museum, laced with European style dining. “Sit, eat, drink, smile, and enjoy the acoustic
massage,” says owner, Laura van Galen. “No matter what your music preference is, loud, moderate, or soft in nature, there is
something here for everyone.” www.fenixlive.com
Floor Plan
Property LayoutFirst Floor: Kitchen, Front Bar,
Main Hall, Back Bar
Second Floor: Kitchen,
Green Room, Office, Production
Suite/Recording Studio
Rent Roll Information
Proforma Net Rent InformationTenant Current Rent Rentable Sq. Ft. $/Sq. Ft.
Fenix Entertainment Group LLC aka Fenix $20,000 7,117 $2.80
Total Monthly Income $20,000
Annual Rental Income $240,000
Proforma Net Income Restaurant/Music for Fenix Entertainment Group, LLC • Sales (actual 2015) $1,800,000
• Cost of Sales $481,000
• Wage $929,460
Net Profit $300,973
©2013 The Fenix Entertainment Group, LLC | 919 Fourth Street | San Rafael, CA 94901 | 415.813.5600 | fenixlive.com
Legendary Paula West, American jazz and cabaret singer The Front Bar at Fenix
• Highest quality sound engineering and video recording system
• Complete sound and video editing studio with full mixing capabilities
• 120″ screen with HD projector• Fully customizable dance
floor in front of the stage
• Live broadcasting for all to see—share your event with those far and wide. Check out our Fenix Live Channel at livestream.com/fenixlive
• A full array of amps, monitors, and microphones to fit every requirement
PITCH-PERFECT OPEN FOR AMAZINGFront and center, the Fenix stage is fully prepped and ready for any celebration, presentation, or musical sensation.
©2013 The Fenix Entertainment Group, LLC | 919 Fourth Street | San Rafael, CA 94901 | 415.813.5600 | fenixlive.com
Legendary Paula West, American jazz and cabaret singer The Front Bar at Fenix
• Highest quality sound engineering and video recording system
• Complete sound and video editing studio with full mixing capabilities
• 120″ screen with HD projector• Fully customizable dance
floor in front of the stage
• Live broadcasting for all to see—share your event with those far and wide. Check out our Fenix Live Channel at livestream.com/fenixlive
• A full array of amps, monitors, and microphones to fit every requirement
PITCH-PERFECT OPEN FOR AMAZINGFront and center, the Fenix stage is fully prepped and ready for any celebration, presentation, or musical sensation.
PRIVATE PARTIESImagine a wine-flight party for 40 friends or colleagues in our Front Bar. Or a sit-down cocktail reception for 20 in our Back Bar.
We’ll help you design unique, event-themed or special-occasion parties with exclusive appetizers or a complete dinner service.
CORPORATE EVENTSElegant, spacious, and ready for up to 250 guests, Fenix provides every amenity for your company event.
WINE TASTINGInterested in hosting a corporate wine tasting? Fenix boasts one of the most extensive wine lists in the Bay Area. We are proud of our extended relationships with many wineries and can coordinate tastings with the winemaker for your next event.
WEDDINGS AND RECEPTIONSWith a long, dramatic entryway, Fenix offers the perfect setting for a memorable wedding or reception. Our events coordinator can assist you with everything from valet parking to table settings, menu selection, and specially designed gift bags.
“The vibe is hip, warm, and welcoming, the menu is outstanding, and the room sounds great…and the word is already out to ‘A List’ national artists that this is a terrific showcase venue.” John Storyk, Sound Designer for Lincoln Center, NYC
DESIGNED FOR YOU
CATERINGBring live music and food to any location with our Catering and Acoustic Lunch Truck programs.
For details and information on event capabilities, please contact our Banquet Manager at 415-813-5513.
Welcome to Marin’s most dazzling and truly unique event space. Fenix is an unforgettable experience that starts the moment you walk through the front door.
“A bold menu, each dish brimming with the fine details that express his extensive training in modern and classical techniques tempered with a flair for the traditional Southern cooking of his heritage.” Christina Mueller, Food Critic, Marin Independent Journal
• 8,600 square feet of dramatic, multi-use and adaptable space.
• Front Bar: Great for wine flight demonstrations paired with our delicious cuisine. Seated, 120; reception style, 40.
• Main Hall: Perfect for seated dining or reception-style mixers. Seated, 120; reception style, 200.
• Back Bar: Ideal for buffet-style, small mixers and private parties. Seated, 30; reception style, 50.
• Green Room: Unique for private, lounge-style parties of 15. Includes music control room and Livestream demonstrations.
DAZZLING INSPIRED
Main Hall
LIVE RECORDINGSRecord those moments you have carefully created and share them live with a private or public audience. Capture it all in a format you can watch again and again. Perfect for special events or live webcasts.
MUSIC BOOKINGSWant to find the right band or musician at the right price? Led by Merl Saunders, Jr., former Executive Director of the San Francisco Chapter of the Recording Academy (Grammy Awards), we can make it happen.
Select from our extensive special-events menu crafted by our acclaimed Executive Chef. Pair your dishes with our signature beverages that have been crafted to rock your world.
Fenix is today’s elegant destination for corporate functions as well as private parties, wedding receptions, and group celebrations.
See our special event menus, from appetizers to full dinners, at fenixlive.com.
©2013 The Fenix Entertainment Group, LLC | 919 Fourth Street | San Rafael, CA 94901 | 415.813.5600 | fenixlive.com
Legendary Paula West, American jazz and cabaret singer The Front Bar at Fenix
• Highest quality sound engineering and video recording system
• Complete sound and video editing studio with full mixing capabilities
• 120″ screen with HD projector• Fully customizable dance
floor in front of the stage
• Live broadcasting for all to see—share your event with those far and wide. Check out our Fenix Live Channel at livestream.com/fenixlive
• A full array of amps, monitors, and microphones to fit every requirement
PITCH-PERFECT OPEN FOR AMAZINGFront and center, the Fenix stage is fully prepped and ready for any celebration, presentation, or musical sensation.
PRIVATE PARTIESImagine a wine-flight party for 40 friends or colleagues in our Front Bar. Or a sit-down cocktail reception for 20 in our Back Bar.
We’ll help you design unique, event-themed or special-occasion parties with exclusive appetizers or a complete dinner service.
CORPORATE EVENTSElegant, spacious, and ready for up to 250 guests, Fenix provides every amenity for your company event.
WINE TASTINGInterested in hosting a corporate wine tasting? Fenix boasts one of the most extensive wine lists in the Bay Area. We are proud of our extended relationships with many wineries and can coordinate tastings with the winemaker for your next event.
WEDDINGS AND RECEPTIONSWith a long, dramatic entryway, Fenix offers the perfect setting for a memorable wedding or reception. Our events coordinator can assist you with everything from valet parking to table settings, menu selection, and specially designed gift bags.
“The vibe is hip, warm, and welcoming, the menu is outstanding, and the room sounds great…and the word is already out to ‘A List’ national artists that this is a terrific showcase venue.” John Storyk, Sound Designer for Lincoln Center, NYC
DESIGNED FOR YOU
CATERINGBring live music and food to any location with our Catering and Acoustic Lunch Truck programs.
For details and information on event capabilities, please contact our Banquet Manager at 415-813-5513.
Welcome to Marin’s most dazzling and truly unique event space. Fenix is an unforgettable experience that starts the moment you walk through the front door.
“A bold menu, each dish brimming with the fine details that express his extensive training in modern and classical techniques tempered with a flair for the traditional Southern cooking of his heritage.” Christina Mueller, Food Critic, Marin Independent Journal
• 8,600 square feet of dramatic, multi-use and adaptable space.
• Front Bar: Great for wine flight demonstrations paired with our delicious cuisine. Seated, 120; reception style, 40.
• Main Hall: Perfect for seated dining or reception-style mixers. Seated, 120; reception style, 200.
• Back Bar: Ideal for buffet-style, small mixers and private parties. Seated, 30; reception style, 50.
• Green Room: Unique for private, lounge-style parties of 15. Includes music control room and Livestream demonstrations.
DAZZLING INSPIRED
Main Hall
LIVE RECORDINGSRecord those moments you have carefully created and share them live with a private or public audience. Capture it all in a format you can watch again and again. Perfect for special events or live webcasts.
MUSIC BOOKINGSWant to find the right band or musician at the right price? Led by Merl Saunders, Jr., former Executive Director of the San Francisco Chapter of the Recording Academy (Grammy Awards), we can make it happen.
Select from our extensive special-events menu crafted by our acclaimed Executive Chef. Pair your dishes with our signature beverages that have been crafted to rock your world.
Fenix is today’s elegant destination for corporate functions as well as private parties, wedding receptions, and group celebrations.
See our special event menus, from appetizers to full dinners, at fenixlive.com.
© 2014 Fenix Entertainment Group, LLC | 919 Fourth Street, San Rafael, CA 94901 | Tel: 415.813.5600 | Fax: 415.353.0299 | fenixlive.com | [email protected]
To schedule an appointment, contact Merl at 415-813-5505 or [email protected].
FOH/Monitor Console:Midas Pro2 Console – 56 Mic/Line inputs
Midas DL251 remote stage-box – 48 Mic/Line inputs
KLARK TEKNIK DN370 31-band Graphic EQ
6 multi-channel FX engines
DT770 Pro headphones
TACD200I Tascam CD/iPod Dock Deck
Lighting:Eos Series Element Lighting Console – 40 Faders/250 Channels
4 ETC Source 4 – 19 degree Leko
4 ETC Source 4 – 26 degree Leko
2 ETC Source 4 Parnel
4 ETC Vivid R (7 color)
8 ETC D40 (7 color)
2 Elation Design Spot Pro – 250W
Stage: 12' x 16'
Monitors:EAW MW12 - 12” micro wedge monitors - 4
EAW MW15 - 15” micro wedge monitors - 1
Mains:EAW QX596 – Three way w/ Quad 12” mid-bass
EAW custom-Subwoofers
Amps:ASHLY KLR 5000 Power Amps
ASHLY KLR 4000 Power Amps
ASHLY KLR 2000 Power Amps
FENIX ENTERTAINMENT TECHNICAL SHEET
Microphones:6 SM58 Shure Mic
5 SM57 Shure Mic
1 BETA57 Shure Mic
4 SM81 Shure SM81
2 SEE865 Condenser Mic
1 EVRE320 EV
1 AGD112
3 Sennheiser E604
2 Sennheiser 906
2 L6XDV75 LINE 6 XD-V75 Wireless System
2 CXPROD2 Passive 2 Channel DI
2 CXJ48 Radial J48 Phantom Active DI Box
1 LR Baggs Para Acoustic DI
Editing:Apple MP 2.4 12C 1TB 12GB
Apple Cinema Monitor 27”
Avid Media Composer 6.5
Final Cut Pro X
Broadcasting:TC455 NewTek TriCaster 455 (w/ TC 450 CS)
AW-RP50N Panasonic Controller
3 AW-HE50SN Panasonic HD-SDI Pan/Tilt/Zoom Camera
2 Samsung 24” LCD Monitors
MSP3-CA Yamaha Powered Monitors
Recording:Avid Pro Tools HD Native & Interface
Avid HD Omni Interface with 2 Mic-pre A & D I/O
2 MC Mix Avid 8 Channel Fader
KLARK TEKNIK DN9650
Apple MP 3.2 QC 1TB 6GB
Apple Cinema Monitor 27”
Avantone Pro Powered Mix-cubes
Focal 2-Way Nearfi eld Monitor 6.5”
HR-DSX4 RDL Digital Audio Selector
SRH840 Shure Headphones
