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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
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
SBA Approved | Full-Service Casual European Restaurant in NorCal- SC2279
Posting ID
#4403823
Full Name (Required)
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NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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