Redwood Coast Lifestyle - 120K Profit- Two Locations- Below Market Rent- Absentee Operator
Rrc# 1312
Offered At: 295,000
Location: North Coast, California
Revenue: 63,800 / Month
Cash Flow: 10,000 / Month
Listing Description:
This Profitable Operation Is Offered To A Buyer As A Package Which Includes Two Locations Along With The Name, Menu Concept And Website. The Business Has Been Set Up To Easily Create A Franchise Operation And Does Not Require The Current Owner To Work Hands On And Oversees The Operation In The Capacity As A General Manager. The Two Locations, Each With A Manager On Staff, Are Within Close Proximity To Each Other. The Two Stores Target A Slightly Different Demographic Which Benefits The Sales And Profit Of The Business And Reduces Fluctuation From Any Seasonal Impact On The Business. Both Stores Have Full Kitchens Which Include A Type 1 Hood, 5' Griddle, Steam Tables, Fryers, Four 2-Door Sandwich Stations, Refrigerated Display Cases, Hobart Slicers, Microwave, Stainless Work Tables, Register System With Kitchen Printers, Ice Machines, Soda Dispensers, 3- Compartment Sinks, Hand Sinks And Mop Sinks. One Location Has A 3-Door Reach-In And Two 2-Door Freezers. The Second Location Has A Walk-In Freezer And Walk-In Cooler. Both Locations Are Wheelchair Accessible With Ada Restrooms, Have Ample Parking, Excellent Visibility And Access Offering Indoor Booth And Table Seating As Well As Table Seating For The Outdoor Dining Areas. The Present Owner Has Established A Loyal Clientele With Very Consistent Sales Revenues Achieved By An Affordable, High Quality Menu, A Well Organized Business Approach And Serving The Local Community And Tourist Base. There Is Upside Available For A New Owner To Expand The Operating Hours To Include A Breakfast Menu As Well As Adding A Beer And Wine License To Increase Sales Revenues. The Indicated Cash Flow Has Not Displaced Any Payroll Costs To Adjust For A Hands On Working Owner. If Adjusted, Cash Flow Would Increase Roughly 30K To Reflect The Absentee Run Operation. This Listing Requires That The Business Be Sold To Include Both Locations. Escape The High Stress Of Congested Urban Living For The Relaxing Open Space Of A Coastal Lifestyle, Perfect For The Outdoor Enthusiast. Both Locations Are Within Minutes To The World's Tallest Trees And California's Most Rugged Coast That Offer World Class Sport Fishing And Clean, Smog Free Air. The Scenery/Rural Lifestyle In Addition To The Soundness Of The Business Would Make It The Perfect Business For Anyone Seeking A 'downshift' From The Rat Race.
General Information:
Organization: Llc
Seating: 30 Inside, 16 Outside / 40 Inside, 12 Outside
Square Foot/Size: 1,200 / 1,800
Parking: Parking Lot
License(S) Required: Business
Days Open/Hours: 7-Days 11a-9p
Lease Information:
Lease Rent: 1,900 / 1,800 All Inclusive
Lease Expiration: Oct. 2013 / April 2012
Yearly Adjustment: 1% / 2%
Lease Option: 5 Years/ 3 X 5 Years
Security Deposit: 2,000 / 1,300.
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