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Businesses For Sale > Business For Sale in California (CA)
Established Restaurant with full 47 ABC License for sale in CA
California (CA)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 149,000 |
$ 1,187,768 |
$ 98,528 |
Furniture and Fixtures Value:
$ 185,000 (included in the asking price)
Inventory Value:
$ 15,000 (not included in the asking price)
Business Summary:
Profitable, well established, well reviewed restaurant with complete full bar including a 47 Alcohol Beverage License. Over $ 1.1 million in annual sales. Dine-in, take-out, and catering services. Fully equipped kitchen, bar, dinning areas, computerized POS systems, and proven financials make this an excellent turn-key opportunity. Great layout including separate bar and dining seating to accommodate all guests. Both indoor and outdoor seating areas. The restaurant’s vast & loyal customer base makes this the local favorite in the neighborhood for over 10 years. An experienced & seasoned staff creates an efficient & profitable operation and will compliment a smooth transition to a new owner. Limited seller financing may be available to a well-qualified buyer.
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| Year
Business was Established: 2007 |
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| Number of Employees:
3 FT; 19 PT |
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| Facilities / Terms of Lease:
Aprrox. 5,900 sft. - Total monthly lease amount including CAMS - $ 13,373. Lease Expires 08/2024. Security Deposit $ 13,250. Any offer would be subject to a buyer obtaining lease terms to their satisfaction and landlord assignment approval. |
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| Competition:
The Seller will agree not to compete with Buyer, directly or indirectly, for 5 years and within 15 miles of current location. |
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| Owner
willing to train:
The Seller will agree to train with Buyer as per a mutually agreed “Seller Training Agreement”. The Seller will provide training for 40 hours following the close of escrow, included in the purchase price. Additional training/consulting may be available fr |
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| Reason for selling:
Health reasons. |
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Seller Reference Number: N1003-VC
BusinessMart.com Listing Number: 233783 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
D. Joe Atchison, DRE #01438544
Sunbelt Business Sales, Mergers & Acquisitions
9516785671
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