Request More Information Contact the Seller
- RE: American Restaurant With A Type 47 License SC2171
- Contact: Adriana Sargent
- License #: 02100708
Quick Facts
Asking Price: | $249,000 | |
Annual Revenue: | $350,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $30,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 9 | |
BBN Listing #: | 943051 | |
Broker Reference #: | SC2171 |
Business Overview:
Northern California Based American Cuisine Restaurant With A Type 47 Liquor License - SC2171
Financial Information
Asking Price: $249,000
Cash Flow: $30,000
Gross Revenue: $350,000
Down Payment: $249,000
NV 1003039
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Business Location
City: Northern California
State: California
Detailed information
Year Established: 2014
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 1
Part-Time Employees: 8
Contractors: N/A
Owner Worked Hours/w: 40
Adjusted EBITDA: On request
Inventory Included: Yes
Inventory Value: $10,000
Monthly Rent: $4,963
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 2800
FF&E Included?: Yes
FF&E Value: $150,000
Facilities
They currently operate out of a 2,800 square foot space with a base rent of $2,163 and no monthly CAM charges. The current lease is until 2026 with a 5-year option, and the lease is assignable.
Market Competition and Expansion:
The United States Full Service Restaurants Market is set to grow with a CAGR of 11.27% starting at $324.9 Billion in 2024 to $554.12 Billion in 2029. The largest share by cuisine is North American.
Training/Support
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.
Reason for Selling:
The reason for selling is Seller would like to pursue other interests.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information