SBA Pre-Approved - Owner Absentee - Successful
Not Disclosed, CA Tuolumne County
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- RE: SBA Pre-Approved - Owner Absentee - Successful
- Contact: Steve Zimmerman
- License #: 1310250
Quick Facts
| Asking Price: | $845,000 | |
| Annual Revenue: | $2,964,244 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $290,428 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | 38 | |
| BBN Listing #: | 945764 | |
| Broker Reference #: | 4766 |
Business Overview:
SBA Pre-Approved - Owner Absentee - Successful Beer & Wine Bar & Restaurant Located in Tuolumne County RRC# 4766 Location: Tuolumne County Description: Priced at $845,000 with profits of $290,000 in 2022/2023. Buyer needs 15% down $127,000 for this bar and restaurant which is pre-approved for a long term fixed rate SBA loan at 8.5% to experienced, well qualified Buyers through one of our preferred lenders. Consistently high growth with annual sales revenues of $3 million in 2022 & 2023 and the owner is totally absentee. Long term managers and chefs are a blessing and this restaurant is operated under experienced, quality management.All the employees are in place with good revenues and provable cash-flow, good books and records with verifiable financials set in this great location. Enjoy beautiful Tuolumne county in the Sierra foothills near many award-winning wineries and the neighboring towns of Murphy’s, Angels Camp, Sonora, Jamestown & Arnold. The current owner purchased this restaurant in 2021 and has grown the business to new heights and now wishes to pass on his success to a well qualified buyer, perhaps a chef and partner team from the urban city or an entrepreneur looking to invest in this wonderful location.
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Property Features and Assets:
Facilities:
Square Feet: 6,900
Seating: 240
Parking: Huge Parking Lot
Licenses: ABC Type 41 License, Business & Health Permit
Days/Hours of Operation: Sunday - Thursday 11.00am - 9.00pm, Friday and Saturday 11.00am - 10.00pm
Market Competition and Expansion:
General Info:
Ownership: Inc
Established: 2006
Employees: 38
Reason For Sale: Other Interests
Monthly Rent: $10,500
Reason for Selling:
Other InterestsAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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