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  • 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

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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

This Northern California based American Cuisine Restaurant is a California Sole Proprietorship and was formed 9 years ago and has been under the same ownership since inception. They offer seasonal, responsibly sourced ingredients, used to create their unique menu where hand crafted meets quality ingredients. With a menu designed by an award-winning chef and owner, they offer dinners only five days a week (closed Monday and Tuesday). The chef and owner has been working in professional kitchens since she was 15 and competed in the American Culinary Federation team hot food competitions winning gold and silver metals at regionals and nationals. The chef and owner has been featured in Bon Appetit and the Food Network. This restaurant has a Type 47 Liquor License with a very unique bar where the chef and owner creates their own specialized drinks with homemade syrups.
 
CA 02100708
NV 1003039

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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:

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