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California
SBA Approved | Full-Service Casual European Restaurant in NorCal- SC2279
Asking Price
$350,000
Revenue
$600,000
Down
$350,000
Cash Flow
$200,000
Description
Financial Information
Asking Price: $ 350,000
Minimum Down Payment: $350,000
Lender Prequalified? Yes
SBA Prequalified? Yes
Seller Financing Available? No
Annual Gross Revenue: $600,000
Discretionary Earnings: $200,000
Adjusted EBITDA: $200,000
Business Location
Country: United States
State/Province: California
Reason for Sale:
The reason the Seller is selling is to retire.
Detailed information
Year Established: 2013
Owner Hours Worked Per Week: 30
Number of Full Time Employees: 2
Number of Part Time Employees: 4
Number of Independent Contractors: 0
FF&E Included?: Yes
FF&E Value: $50,000
Inventory Included? Yes
Inventory Value: $7,500
Monthly Rent: $ 3,750
Square Footage: 1850
Asking Price: $350,000
Minimum Down Payment: $350,000
Lender Prequalified? No
SBA Prequalified? No
Seller Financing Available? No
Relocatable? No
Franchised? No
Home Based? No
Training/Support Description
The Seller is willing to provide training at 20 hours per week for 4 weeks for the new Owner. Additional training may be provided at mutually agreed-upon terms between the Buyer and the Seller.
Market Outlook/Competition
Casual dining restaurants hold a staggering 72% market share in the Full-Service Restaurants Market due to their broader cuisine choices, diverse menus, and greater accessibility. These establishments cater to a wide range of tastes, offering everything from comfort food to international cuisine, making them appeal to diverse customer preferences. The North America Full-Service Restaurants (FSR) Market is expected to grow at a 2.5% CAGR during the forecast period 2025 to 2032.
Business Details
Year Established:
2013
Employees:
6
FE&E:
$ 50,000
Reason for sale:
The reason the Seller is selling is to retire.
Support & Training:
The Seller is willing to provide training at 20 hours per week for 4 weeks for the new Owner. Additional training may be provided at mutually agreed-upon terms between the Buyer and the Seller.
Property Information
Size in Square Feet:
1,850 sqft
Lease Terms:
Monthly Rent: $3,750
Lease & Tenant Information
Lease Options:
$3,750
Posting Information
Posting ID:
4403823
Business Category:
Restaurants & Food
Business Types:
Grill Restaurant
Cafe, Cafeteria
Attributes:
Training And Support
Send NDA Request
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Posting Title
SBA Approved | Full-Service Casual European Restaurant in NorCal- SC2279
Posting ID
#4403823
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Agent, Broker or Seller Contact
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