Price reduced! Brewpub and restaurant with large patio & sba finance for industry professionals
Asking price: $775,000
Location: el dorado county, el dorado county, california
Yearly revenue: $1,822,848
Yearly cash flow: $290,760
Monthly rent: 6630 inc nnn and cam''s
The price has just been reduced for this 4,350 sq ft modern brewpub and restaurant with it''s 2,000 sq ft patio and ample parking. This business is located on the main hwy of a major historic town which is visited by thousands of tourists and locals year round. The $1.8 million in annual sales has been built by selling long established craft beers accompanied with quality comfort food.
The opportunity to sell hard liquor is easily attainable and will greatly increase the sales and profits. Broker will inform you of this process by obtaining a small brewery license. The low monthly rent of $6,630 which includes nnn and cam charges is only $1.52 per square foot. Sba finance would be available to experienced industry veterans (ideally a buyer that currently owns another restaurant/bar/brewery/taphouse) and would have 25% or greater cash investment with strong overall financial depth and breadth.
The seller may also assist by carrying a long term note for a portion of the asking price to well qualified, experienced buyers. The 25 ft hardwood bar has 30 craft beer taps and seating for 12. A further 140 can be seated in the dining room plus up to 100 on the patio. Solid, easy to maintain floors with hardwood tables throughout give a casual yet elegant feel with the patio seating having tables, chairs and lounge seating. The kitchen is state of the art with a 20ft type 1 hood with fire suppression system with broiler, flattop, fryers, stove burners and ovens. Ample refrigerated worktops complete this modern stainless steel kitchen space which also includes 2 walk-in cold rooms and a large 1200 lb ice machine. Superb curb appeal with high visibility signage serving popular craft beer and local wines, makes this one of the best opportunities in the sacramento area this year.
Complete the non disclosure agreement' and we will send you the the financial information, photos & a full list of equipment. We'll also send you the broker''s contact information so you can discuss this opportunity in more detail.
Organization: corporation | year established: 1950 | current owner: 2015 | employees: 6 full time / 29 part time | seating: 252 | square footage: 4,350 + 2,000 patio | parking: 50+ | licenses required: business, health permit and abc brewing license | days open/hours: 11.00am - 9.00pm daily | reason for sale: other interests |
Yearly revenues: $1,822,848 | yearly cash flow: $290,760 | payroll: $58486 |
Monthly rent: 6630 inc nnn and cam''s | lease expiration: 2025 | yearly adjustment: 2% | lease option: two 5 year options | security deposit: 13000 |