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

Profits $406K - Annual Sales $3.9 Million for sale in Alameda County, CA

Alameda County, California (CA)

Asking Price: Gross: Cash Flow:
$ 1,200,000 $ 3,900,000 $ 406,000

Business Summary:
Profits $406K - Annual Sales $3.9 Million - 2 Franchise Restaurants - Located in San Leandro & TracyRRC#: 3456Asking Price: Offered At $1,200,000Location: Alameda County Annual Revenue: $3,900,000Annual Cash Flow: $406,000Monthly Rent: Contact for InfoListing Description:SBA loan pre-approved for 2 Franchise restaurants in the East Bay area. Seller is willing to sell separately – San Leandro $1 million – Tracy $200,000. Purchased together experienced operators would be able to qualify for 10 year 80% SBA financing to purchase both these franchise restaurant businesses. The asking price is $1.2 million for both but the owner is willing to negotiate with experienced buyers with excellent credit. This well known franchise was established in the 1940’s with multiple locations and you’ll have full Franchisor support. Open 7 days a week these restaurants have combined annual sales in excess of $3.9 million and both are profitable. Good books and records with verifiable financials set in great locations with all the staff and management in place, showing good revenues and provable cash-flow. The growing sales & profitable revenues are achieved with absentee owners who along with the franchisor, will train the buyer to successfully operate these businesses. Both restaurants have seating for 120 indoors plus a patio with a fully equipped modern kitchen, which is fitted to an extremely high standard. The individual leases have separate terms and conditions all of which can be discussed with the owner and broker. There is also an ABC type 41 beer and wine license included with each restaurant. The franchise is local to Northern California and has a low Franchisor royalty of just 4%. Complete the ‘Non Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & list of equipment included with the sale. We’ll also send you the Broker’s contact information so you can discuss this opportunity in more detail. NO BROKER COOP.General Information:Organization: IncEstablished: 2008Current Owner: 2008Employees: 80Reason For Sale: Other InterestsFinancial Information:Monthly Revenue: $325,000Monthly Cash Flow: $33,833Annual Revenue: $3,900,000Annual Cash Flow: $406,000Payroll: $113,000Monthly Revenue: $325,000Monthly Cash Flow: $33,833

 

   
Seller Reference Number: 3456
BusinessMart.com Listing Number: 246813
 

 

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For more info contact:

Steve Zimmerman

Restaurant Realty Company
415-945-9701

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