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California
Full Service Casual Dining Restaurant on Main Street! - SC2261
Asking Price
$475,000
Revenue
$1,000,000
Down
$475,000
Cash Flow
$200,000
Description
Financial Information
$475,000 Asking Price
$200,000 Cash Flow
$1,000,000 Gross Revenue
$475,000 Down Payment
$200,000 Adjusted EBITDA
Business Location
City: Northern California
State: California
Reason for Sale
The reason the Seller is selling is to pursue other interests.
Detailed information
Year Established: 2023
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Part-Time Employees: 20
Contractors: N/A
Owner Worked Hours/w: 30
Inventory Included: Yes
Inventory Value: $8,000
Monthly Rent: $4,590
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 2800
FF&E Included?: Yes
FF&E Value: $100,000
Training/Support
The Seller is willing to provide training at 30 hours per week for 2 weeks for the new Owner. Additional training may be provided at mutually agreed upon terms between the Buyer and the Seller.
Facilities
They currently operate out of a 2,800 square foot space with a base rent of $4,590 per month and monthly CAM charges of $1,400. The current lease is 5 years with a 5-year option, and it is assignable. The location of the restaurant is ideal and on Main Street in the town they are located in.
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.
CA 02100708; NV 1003039
Business Details
Year Established:
2023
Employees:
20
FE&E:
$100,000
Reason for sale:
The reason the Seller is selling is to pursue other interests.
Support & Training:
The Seller is willing to provide training at 30 hours per week for 2 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:
2,800 sqft
Lease Terms:
Monthly Rent: $4,590
Lease & Tenant Information
Posting Information
Posting ID:
5810818
Business Category:
Restaurants & Food
Business Types:
American Restaurant
Diner, Family Restaurant
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
Full Service Casual Dining Restaurant on Main Street! - SC2261
Posting ID
#5810818
Full Name (Required)
Email (Required)
Phone (Required)
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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