Description About This Posting: Restaurant And Bar - Real Estate
Real Estate Included - SBA Pre-Approved - 7350 sq ft Bar, Restaurant & Banqueting - Central Valley
Asking Price: Offered At $2,185,000
Location: Merced County
Annual Revenue: $1,930,871
Annual Cash Flow: $401,892
Monthly Rent: Real Estate Included
Real Estate is included and SBA long term loan pre-approved for this recently remodeled, Turn Key bar & restaurant with banquet rooms located on the Main thoroughfare of one of North Central Valley's modernized booming cities. The beautifully renovated bar seats 40 with further restaurant seating for 50, featuring brick exposed walls and a focal point double Pizza oven show kitchen along with additional dining room seating for 50 and modern banquet room for 60, a total capacity for 200 at anyone time. The bar has an ABC type 47 hard liquor license which is included with the purchase at no extra cost. The large kitchen is fully equipped with it's 12ft type 1 hood with fire suppression system, complete cooking line and fresh homemade bread prep area with wooden work tables and refrigerated worktops with large walk-in cooler. The additional overflow dining room and banquet room have both been remodeled in 2019 and the whole place shows extremely well. The current owner is passionate about fresh food and has designed the kitchen to suit a quality menu. This would suit a semi-absentee owner or a working family to enjoy the nearly $2 million annual sales and the $400,000 EBITA. The owner may carry a position of the sale to well qualified, experienced buyer's with good finals and excellent credit. This is also a highly confidential listing so complete the Non Disclosure Agreement' on our website and after a brief discussion with the agent we'll send you the name and address of this business opportunity along with the full financials & list of the equipment included with the sale.
Current Owner: 1995
Reason For Sale: Other Interests
To get more information about this Restaurant And Bar - Real Estate business for sale in
Merced 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 #253160 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Restaurant And Bar - Real Estate, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.
Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.
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.
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.
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