Refine/Revise Search
Asking Price: $1,199,000

Profitable Breakfast and Lunch Restaurant

Not Disclosed, CA
Monterey County

Profitable Breakfast and Lunch Restaurant in Monterey County - SBA Pre Approved - $467,000 Net ProfitRRC# 4872Location: Monterey County: Description:This is a rare chance to acquire a highly popular, well-established breakfast and lunch restaurant in a sought-after area of Monterey County. Drawing both locals and tourists, this business is perfectly positioned in a bustling, high-traffic shopping destination, offering excellent foot traffic and visibility.While tourism drives a significant portion of the business, there is a strong, year-round local following with many repeat customers. The cafe is renowned for its relaxed, welcoming atmosphere, serving fresh, locally sourced dishes with a focus on organic ingredients. Alongside a full breakfast and lunch menu, the cafe also offers espresso and other specialty drinks, making it a go-to spot for both casual diners and coffee enthusiasts. On top of the already thriving breakfast and lunch business there is an opportunity to expand on the dinner menu and extend hours as an additional revenue stream. For qualified buyers, the landlord is offering an extension of the lease with favorable terms—5 years, plus a 5-year renewal option. Additionally, the business is pre-approved for an SBA loan, allowing qualified buyers to purchase with as little as 15% down.This turnkey cafe presents an outstanding investment opportunity, boasting consistent revenue growth year over year. Whether you’re seeking a profitable venture or a lifestyle business in a prestigious location, this restaurant is poised for continued success.Financial Information:Monthly Revenue: $192,094 Monthly Cash Flow: $38,977 Annual Revenue: $2,305,131 Annual Cash Flow: $467,734 General Info:Ownership: Corporation Established: 2008 Employees: Contact For Info Reason For Sale: Other InterestsMonthly Rent: $18,690 (gross) Expiration: February 2029 plus negotiable option Facilities:Square Feet: 3,053 Seating: Inside 75, Outside 12 Parking: Street Parking and Public Parking Lot Licenses: ABC Beer and Wine, Business and Health Permit Days/Hours of Operation: 8am - 5:30pm Daily

Read More
Cash Flow $467,734
Revenue $2,305,131

Asking Price: $595,000

Uniquely Designed Sports Bar; $3 Million Sales

Not Disclosed, CA
Not disclosed

Uniquely Designed Sports Bar; $3 Million Sales; $150,000 Profit; 25 Year LeaseRRC# 4894Location: Central Coast Description:This uniquely designed sports bar is located in a popular coastal city and is handsomely designed and there is over $1 million invested in this facility. The seller wants to sell as he is involved in other projects and can't spend the time necessary to maximize this opportunity. There are two dining rooms, an outdoor seating area, a bar and cocktail lounge, full kitchen, prep kitchen and the facility can hold up to 400 people for special events. In the dining rooms there is a combination of banquette seating, booth seating and table and chairs and in the cocktail lounge there is a combination of bar height tables and bar stools and tables and chairs. There are attractive hanging light fixtures, high ceilings and finished concrete floors throughout. Additionally there is an office area, storage area and ADA restrooms. Some of the equipment includes as follows: 11' and 6' type 1 hoods with fire suppression systems, 6 burners over oven, 6 burners, 3' char grill, 3' flat grill convection oven, 2 double basket fryers, full deck pizza oven, 5 ice wells, 3 - 3 compartment sinks, 14 taps, 3 -2 door under counter refrigerators (1 with sandwich station),. 3 -3 door under counter refrigerators (1 with sandwich station), 3 glass door under counter refrigerator, 2 -2 compartment sinks, 2 utility sinks, POS system, 2 -3 door under counter refrigerators sandwich stations, slicer, 4 - half door refrigerator, ice machine, counter mixer, microwave, 2 walk-in refrigerators, walk-in freezer, 2 hand sinks, dish washing sink rinse hose, 2 food warmers and mop sink, etc. This operation is one of the few in the area that can serve alcohol to 2a daily. The lease has 5 - 5 year options and each period is adjusted annually by the CPI with a minimum of one percent (1%) a year and a maximum of four percent (4%) per year so you can project your rent for the next 25 years and the lease is assignable. Past sales and profits are as follows: 2022 - $3.4 Million Sales, $475,258 Profit; 2023 - $3.3 Million Sales, $499,827 Profit. Sales and profits are down in 2024 due a slower economy, less tourism in the area and the uncertainty of the Presidential election. Consequently there is a large upside for increased sales and profits for an experienced hands on owner operator.Financial Information:Monthly Revenue: $250,000 Monthly Cash Flow: $12,500 Annual Revenue: $3,000,000 Annual Cash Flow: $150,000 General Info:Ownership: LLC Established: Contact For InfoEmployees: Contact For Info Reason For Sale: Other InterestsMonthly Rent: $17,292 all inclusiveExpiration: 1 year plus 5 - Five Year Options Facilities:Square Feet: 8,000 Seating: 300- 400 Parking: Street and public parking lotsLicenses: Business, ABC Type 47 License (hard liquor) Days/Hours of Operation: 7 days: 10a/11:30a -1a: -Lunch and Dinner; SA, S Brunch and Dinner

Read More
Cash Flow $150,000
Revenue $3,000,000

loading...
TOP â–²
Add Businesses and/or Franchises
To Basket For Free Information

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.