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Businesses For Sale > Business For Sale in Placer County, California (CA)

High Volumn Buffet for sale in Placer County, CA

Placer County, California (CA)

Asking Price: Gross: Cash Flow:
$ 295,000 $ 431,097 $ 29,572

Inventory Value:
$ 15,000 (not included in the asking price)

Business Summary:
Here is a rare opportunity to get in the well known buffet restaurant in prime location in the Sacramento metro area. This business has become for sale after a short periods of ownership so that the owner needs to focus on the newly found larger scale opportunity not to be missed out. The original build out costs were millions dollars, and equipment and tenant improvements have been consistently updated and well maintained. Over 5,000 square feet of spacious premises can accommodate large groups of customers at the same time. During the past 3 months, business has generated over $430,000+ in sales and is profitable. This is a steal and won’t last at an incredible price of $295,000 to get on in the cash cow machine even with the greater growth potential.There is no better location strategically sited like this where is well mixed with lots of modern office complexes, amusement park, bicycle Trail Park, major medical centers, fine shopping centers, theaters, schools, colleges as well as surrounded by upscale residential neighborhood and easy access from freeways. Buyer must be qualified by submitting resume, financial statement and NDA prior to disclose further details and for viewing. Even seller financing may be available to qualified buyer with substantial down payments.

 

   
Year Business was Established: 2006
   
Number of Employees: 15FT/4PT  
   
Facilities / Terms of Lease: 5126 sq.ft/ $11,533 rent  
   
Owner willing to finance: Seller financing $95,000@7.5% fpr 60 mnths  
   
Owner willing to train: 4 weeks @ 30 hrs per week  
   
Reason for selling: Other Opportunity  
   
Seller Reference Number: SA3600
BusinessMart.com Listing Number: 111421
 

 

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For more info contact:

Michael Floorman

BTI Group
415-227-4411

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