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Folsom, Sacramento County, California
Asking Price
$268,000
Revenue
$711,000
Down
Call/Email
Cash Flow
Call/Email
Name: Tommy Tran
Phone: Show phone number
Name
Tommy Tran
Phone
Show phone number
Posting ID:
8318450
Business Category:
Restaurants & Food
Business Types:
Bar, Pub, Sports Bar, Lounge, Tavern
American Restaurant
Attributes:
Absentee Run
License (Liquor, etc.)
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Situated in the heart of Folsom, California, this beautifully refurbished bar and restaurant presents an unparalleled opportunity for entrepreneurs looking for an absolutely turnkey business. With 3420 sq ft of tastefully decorated interior space and an additional 1200 sq ft of inviting patio area equipped with its own bar, it is designed for both comfort and functionality. The establishment is well-known in the Sacramento County, boasting a full kitchen with a pizza oven and a dedicated dining area. The restaurant also prides itself on having updated refrigeration, a new air conditioning system, and a new beer remote that supports 12 handles. Operating from 11 am until 12 midnight, 7 days a week, the restaurant is a constant hub of activity. The venue also hosts live music every Friday and Saturday throughout the year, creating a vibrant atmosphere that spills out on to the patio during the summer months. As part of the sale, the buyer will acquire a full liquor license, adding significant value to the business. The business has a strong revenue stream, generating $480,000 annually. With a lease running until 2033 and excellent parking facilities, this location offers both stability and convenience. The current asking price is $189,000 - a worthwhile investment considering the substantial growth potential that this business holds. The reason for the sale is due to the owner's illness, opening the door for a new owner to carry forward this thriving business. Don't miss this rare opportunity to own

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