Steakhouse And Bar SBA
Not Disclosed, CA Not Disclosed
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- RE: Steakhouse And Bar SBA
- Contact: Steve Zimmerman
- License #: 1310250
Quick Facts
| Asking Price: | $1,000,000 | |
| Annual Revenue: | $2,980,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $340,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 45 | |
| BBN Listing #: | 939652 | |
| Broker Reference #: | 4711 |
Business Overview:
Steakhouse and Bar | $2.9M+ Sales | SBA Pre-Qualified | 10% Down RRC# 4711 Location: Central California Description: Step into the realm of highly successful steakhouse franchise ownership with this incredible opportunity. They are passing on years of goodwill to a qualified operator. This is your chance to stake your claim and lock in a great deal. The business is pre-qualified for an SBA long-term (10-year) loan with just 10% down. Therefore, an experienced operator with strong financials could purchase this business investment with the SBA guarantee of 10 percent of the purchase. The Investment would also be able to pay the debt service on the loan and still have plenty of cash left over for the new owner. With almost $3 ML in annual sales and over $340,000 in the seller's discretionary cash flow, this is a rare find. Good verifiable books and business records make financing easy. This restaurant and bar operation Includes approximately 8,333 plus square feet of fully equipped free-standing restaurant and bar with a hard liquor license and a huge parking lot. An enjoyable dining room and bar area give the restaurant a warm, cozy atmosphere.
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Property Features and Assets:
Facilities:
Square Feet: 8,333
Seating:Contact for Info
Parking: Ample
Licenses: Franchise, health, business, abc 47 license
Days/Hours of Operation: 7 days
Market Competition and Expansion:
General Info:
Ownership: Corporation
Established: 2016
Employees: 5 Full Time 40 Part Time
Reason For Sale: Consolidating
Monthly Rent: $14,500 + $4,067 NNN
Expiration: 2026
Reason for Selling:
ConsolidatingAdditional 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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