Restaurant & Coffeehouse For Sale - Sacramento, California
Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
Sacramento |
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| County: |
Sacramento |
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| City: |
Sacramento |
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| Financial Information |
Detailed Information |
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| Price: |
$550,000 |
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| Down: |
$225,000 |
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| Revenue: |
$1,100,000 |
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| Adj. Net: |
$225,000 |
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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 Sacramento Restaurant & Coffeehouse Business For Sale:
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This popular and profitable restaurant is a great example of how a winning concept matched with the right location can become successful on multiple levels. Since opening, this restaurant has become a favorite destination for its many loyal customers in addition to being an excellent source of income for the absentee owners. This is a quick service restaurant. A full kitchen provides the capability to do an unlimited menu. The basic key to success is offering excellent quality food made with fresh ingredients, served in generous portions at very reasonable prices. The owners have perfected this formula over many years and in many locations and they are ready to share their management systems with the buyer to insure a smooth transition. An experienced and well-trained staff is also in place and currently runs the restaurant with minimal owner oversight. The restaurant occupies an attractive free-standing building. The unique ambiance must be experience to be appreciated. There is a very favorable long-term lease in place which includes the 1st Right of Refusal to buy the property. The concept and menu are included in the sale but the name of the business must be modified ever so slightly to avoid future complications. Alternately, if an experienced operator wants to use their own menu and concept, the restaurant can be purchased at a discount. Occupies: Freestanding Bldg. approx. 3200 sf. Remodel with new equipment 2006 Dedicated Parking 11 + 3 spaces. Seats 85 inside 25 on patio. Lease: 4,500 month! (no CAM/NNN).Term through Aug 2010 Two options 5- years each. Increases - CPI no more than 5% First Right of Refusal for Property Hours: 7:00 am - 11:00 pm. Open daily closed major holidays. Staffing: Approx 20, 5 FT and 15 PT. Price: 550,000 + inventory of approx. 10,000 -12,000. Terms for qualified Buyer: 325,000 Cash Down 225,000 Note (4,429/month for 5 years @ 7%. 500,000 All Cash. If Menu Excluded: 450,000 with 350, 00 Cash Down with Note. Discount for all cash 400,000.
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Restaurant & Coffeehouse For Sale And Sacramento Region Related Links:
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Business Acquisition Financing Request Needs Accurate Cash Flow Earnings Explanation
What are the actual "provable" adjusted net earnings (cash flow) of a company being purchased and considered for business acquisition financing? Buyers will need to look carefully at tax returns and financial statements to determine the "real" adjusted net income or cash flow of the business being purchased - banks and financial institutions review these numbers carefully (and in many instances discount items that may be considered addbacks). If you are thinking of financing a business purchase you need to read this BizBen blog posting. |
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More Sacramento County Information For Buying & Selling Sacramento County Businesses
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Restaurant & Coffeehouse Business Opportunity For Sale, Sacramento, California, CA | BizBen
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