Description About This Posting: Restaurant - Fast Casual Seller Retiring
This highly awarded, neighborhood favorite restaurant has generated over $281,000 in Seller Discretionary Earnings (SDE 3-year weighted average). Annual sales growth to over $1,680,000 in 2017. This well-established, 15 year-old business is known as the local favorite for high quality food with a great family environment.
The passionate owner has built this fast-casual specialty restaurant for the last 15 years and has enjoyed good revenue and income growth. An attractive long-term lease thru 2028 is in place. Well qualified, owner operators will need approximately $150,000 down payment (SBA).
Due to upcoming retirement plans they have priced the business at a great price and are not interested in considering seller financing.
Note: The seller is interested in selling to experienced owner-operators only. Offering price is $595,000 (plus inventory).
To get more information about this Restaurant - Fast Casual Seller Retiring business for sale in
San Mateo County please phone John LaMay (Broker - BRE License #:02021491) at 408-757-9599 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #246150 on BizBen.com. In addition to phoning
John LaMay, make sure you email John LaMay above to get more info about this
Restaurant - Fast Casual Seller Retiring, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
Assisting both sellers and buyers of businesses - dealing mainly with Liquor Stores, Grocery Markets, Gas Stations, Smoke Shops, Restaurant Related, Retail Related, Service Related. Serving SF Bay Area, North Bay, Sacramento area. Call Harry Sidhu, CBB for assistance at 510-366-6130.
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Cheryl is a business owner herself, Over 20 years bar/restaurant experience, and a law degree she's well-versed in real estate rules, regulations and best practices. She works tirelessly to create successful strategies and effective negotiations for those wishing to sell or purchase their business.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
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