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- RE: $0 Upfront Purchase – 4,000 Sq Ft Bar, Restaurant
- Contact: Steve Zimmerman
- License #: 1310250
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | $1,400,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 15 | |
BBN Listing #: | 938312 | |
Broker Reference #: | 4664 |
Business Overview:
$0 upfront Purchase – 4,000 square feet Bar, Restaurant with 1,500 square feet Patio – Sacramento Metro Area Description: Inherit the $1.2mm in long term bank debt, pay a Landlord Security deposit, Escrow closing costs and take over this establishment with $1.4mm in 2023 sales revenues with original build out costs of $2.2mm. The sale includes an ABC Type 47 hard liquor license, fully equipped kitchen, full entertainment permit, complete Audio-Visual system, portable stage, projector, and a 300 capacity. This is a highly confidential listing and only after a conversation with the Broker concerning a Buyer’s experience, financial qualifications & future vision will the name and address of this well-established restaurant & bar business be divulged. No Tire Kickers please! 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. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail. Financial Information: Monthly Revenue: $116,660 Monthly Cash Flow: Contact For Info Annual Revenue: $1,400,000 Annual Cash Flow: Contact For Info General Info: Ownership: LLC Established: 2017 Current Owner: 2017 Employees: 15
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Property Features and Assets:
Facilities:
Square Feet: 4,000 + 1,000 Patio
Seating: 100 + 60 Patio - Capacity allowed 300
Parking: Contact For Info
Licenses: ABC Type 47 license, Health & Business
Days/Hours of Operation: 9.00am - 3.00pm Wednesday to Saturday. Closed Sunday, Monday & Tuesday
Market Competition and Expansion:
General Info:
Ownership: LLC
Established: 2017
Current Owner: 2017
Employees: 15
Reason For Sale: Other Interests
Monthly Rent: $13,500 inc NNN
Expiration: 2027 plus 5 Year Lease Option
Reason for Selling:
Other InterestsAdditional 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
Documents:
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