This is a real Turn Key' opportunity. $535,000 asking price for this Breakfast and Lunch restaurant with annual sales of $1.2 million generating profits of $193,000. The business has good books and records with verifiable financials with all the staff and manager in place and a provable cash-flow. Established in 2005, this successful business has been in the same ownership for 14 years. SBA would lend up to 80% of the sale over a 10 year period so a well qualified buyer would only require around $140,000 down including fees. The owner is 100% absentee as the day to day operations are run under management. Current open until 3pm, the local demand for dinner business would be a huge opportunity for growth for the new owner to raise revenues another $500,000 annually. Located on busy street corner within a modern strip mall with a nice patio, good signage and great curb appeal this business is highly profitable today which can only increase in the future. Seating in the main dining room for 150 with an additional 24 on the patio. The kitchen has a 20ft Type 1 hood with fire suppression system and full cooking line to include; 2 flattops with ovens, deep fryer, 6 burner stove with oven, refrigerated worktops, rotary toaster, large walk-in coldroom and walk-in freezer. ample storage, office with 9 security cameras. Complete the Non Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & list of equipment included with the sale. We'll also send you the Broker's contact information so you can discuss this opportunity in more details.
Current Owner: 2005
Reason For Sale: Retirement
To get more information about this Restaurant business for sale in
Placer County please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 415-945-9701 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #256071 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Restaurant, to ask any questions or request an appointment to see this
business for sale. Thank you.
Related Links And Information Regarding This Posting
Niche business purchase financing advisory and loan placement services with SBA and Non-SBA Financing, Retirement Fund Rollover Solutions, Combo Financing Packages. To get professionally pre-qualified or more information on the ProBuy/ProSell Programs: 925-785-3118.
Founder Of BizBen.com (since 1994). I am the Lead Advisor for the ProSell, ProBuy, & ProIntermediary Programs. I consult daily with buyers, sellers, and brokers daily about buying and selling California small to mid-sized businesses. Call 925-785-3118.
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.
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.
Through creative problem solving, attention to detail, accessibility, & understanding that unnecessary delay is often a deal killer, I work closely with my clients and other professionals to consistently achieve a high rate of closings. Office: 909-255-8353, Cell: 509-951-7230.
I have over 20 years of small business experience, a law degree and well-versed in real estate regulations and best practices. I work tirelessly to create successful strategies & effective negotiations for those wishing to sell or buy a SF business. Call 415-309-2722 (Cell/Text).
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