Popular Full-Service Restaurant In Northern California - SC2170

Business Overview:

This is a Northern California based Full-Service Restaurant that was formed 7 years ago and has been under the same ownership since inception. Open 7 days a week, this restaurant’s menu offers inspirational breakfast/brunch, lunch, and dinner cuisine served in a trendy sophisticated interior setup and a large patio. They have a Type 41 liquor license serving beer and wine along with a full-service coffee program that rivals local coffee shops. This is an asset sale only of the business. Included in the sale is all Furniture, Fixtures and Equipment, transfer of lease or new lease obtained, inventory at $5,000, Type 41 ABC license and employees under a new employment agreement with the Buyer. What Is not included is any recipes, customer lists, social media or email accounts. This is a perfect opportunity for a current restaurant owner to expand their footprint at an ideal location, or for an entrepreneur to get started with a restaurant location and employees for their own business. CA 02100708NV 1003039

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Property Features and Assets:

They currently operate out of a 2,700 square foot space with a base rent of $10,792 and CAM charges OF $3,918. The current lease is a 10-year lease with a 5-year option.

Market Competition and Expansion:

The United States Full Service Restaurants Market is expected to grow from a $324.9 Billion market size in 2024 to $554.12 Billion sized market with a CAGR of 11.27%! The largest share by cuisine is North American.

Reason for Selling:

The reason for selling is Seller would like to focus on other existing businesses.

Additional Details:

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