Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
Folsom |
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| County: |
Sacramento |
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| City: |
Folsom |
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| Financial Information |
Detailed Information |
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| Price: |
$39,000 |
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| Down: |
Call |
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| Revenue: |
Call |
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| Adj. Net: |
Call/Email |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
Call |
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| Franchise: |
No |
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| For Sale By Owner: |
No |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This Folsom Cafe With Catering Kitchen Business For Sale:
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There Is Much More Than Meets The Eye To This Charming Cafe In The Heart Of Folsom. Behind The Attractive, Comfortable Dining Area Is A Full-Service Kitchen Capable Of Supporting A High Level Of Production For Most Any Type Of Menu. In Fact, The Dining And Kitchen Area Were Recently Remodeled And The Restaurant Opened As “The Acorn Cafe” After The Location Was Associated With A Large Catering Business For Several Years. This Is A Great Opportunity For Someone Who Wants To Operate A Small And Manageable Restaurant In Conjunction With A Catering Or Food Production Operation. The Local Residents And Employees Of The Surrounding Area, Including City Government And Folsom Prison System Employees, Have Begun Frequenting The Acorn Cafe Now That They Are Aware It Has Opened. While Most Of The Business Is During Lunch Hours, The Cafe Is Also Developing A Loyal Following For Morning Coffee. This Restaurant Could Be Operated As A Five, Six, Or Seven Day Breakfast And Lunch Business Based On The Owner’s Preference. The Menu Currently Includes Coffee, Espresso, Baked Goods, Sandwiches, Soups, And A Variety Of Salads. A New Owner Could Also Consider Expanding The Menu And Adding Beer And Wine. While The Cafe Has Gotten Off To A Good Start And Is Close To Break-Even Status After Only A Few Months, The Owner’s Long Commute Combined With Child Care Responsibilities Have Led To The Decision To Sell. Additionally, The Cost And Time Associated With Buying And Installing Equipment And Modifying The Restaurant Per Health Dept. Requirements Has Left The Owner With Limited Working Capital For Marketing.
1,340 Square Feet (Approx) Established Retail/Commercial Center With Great Natoma St. Visibility.
Lease:base Rent 1,772 + Cam Of Approx. 362 Per Month. Lease Expires October 2013. Two 5 Year Options. There Is 150 Per Month Utility Credit For Golden 1 Atm Machine
Seating: 18 In Dining Room + Patio For 16-18
Hours: Monday - Friday 8 AM - 2:30 Pm\. Saturday 10 AM - 2:30 Pm\. Closed Sunday.
Staffing: 1 Working Owner 40 Hours
1 Pt Manager, 1 Pt Chef, 3 Pt.
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Cafe With Catering Kitchen For Sale And Folsom Region Related Links:
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Bob Klein Discusses - Valuing A Small Business - Searching For Market Value
There are a number of standard appraisal methods used to value a business that include, Asset approach, Income approach, Market approach (Comps), Capitalization of Earnings and Discounted Future Earnings. Each one of these methods individually does not always represent the true value of a business. In this article, Bob Klein, a Southern California business valuation professional shares his view on searching for market value. Bob can be reached at 949-254-4062 for business appraisal assistance. |
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More Sacramento County Information For Buying & Selling Sacramento County Businesses
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