Lodi Businesses Available For Sale & Wanted To Buy

Results: 1 Postings
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For Sale: Cafe - Breakfast, Lunch - Lodi, San Joaquin County
Posting #: 260384
Status: Active
Refreshed: 6/20/2020

Contact: michael marich
Phone: 916-772-7309
Phone: None Given

Price: $230,000
Adj Net: $85,000
Down: $52,000

Financial Profile: Sellers sales are constantly over $600,000 annually. 2019 were $629,000. Seller nets about $85,000 per year. Seller has operated the cafe for over 28 years and is retiring. His food costs are almost 10% too high.
Short Profile: Cafe's like this very seldom run over 26%food costs.There is significant savings here.Sellers labor is also very high exceeding 28%. His labor costs should run no more than 25%. With sales exceeding $629,000 annually his net income should be more like $105,000 annually.

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  Helpful Resources To Assist In Selling And Buying California Businesses
Michael Davidson, Business Broker - Southern California

Los Angeles Business Broker providing M&A quality services for Small Business Owners. We leverage our technology and expertise to Simplify & Expedite the Business Sales Process. Matching the right buyer with the right business is how we define success.

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Steve founded Restaurant Realty in 1996. He has personally sold/leased over 1000 restaurants, bars & clubs, & completed over 3000 valuations. The author of "Restaurant Dealmaker- An Insider's Trade Secrets For Buying a Restaurant, Bar or Club" available on Amazon. Reach Steve direct at 415-945-9701.

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Joe Ranieri, Business Broker: Orange, LA County Areas

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