Description About This Posting: Restaurant - Craft Beer
In contract - but still taking back-up interest
New Asking Price $195K! Dream of owning your own little spot and working for yourself? Here's your chance to own a profitable restaurant with a simple menu and be your own boss! This easy to manage business benefits from a great location with excellent foot traffic in an area that attracts both daytime and night time customers. The restaurant is known for its excellent food menu as well as other unique menu items that bring people back again and again. The sale includes well established recipes along with training.The restaurant comes with a Type 41 Beer & Wine license and has a nice menu of craft beers and ciders that have been expertly paired to compliment with the menu.
The space is approx 1400 sq. ft. with seating for about 40 inside + a few more on the licensed patio. There is a great Lease in place to Feb 2021 + one 5-yr option. Total Rent is approx $2,925 per month. The 2017 Gross was approx $485K and it was profitable! This business is owner operated with the help of about 5 part time employees. The owner is very pleased with the success of this business and its place in the community but has an opportunity to pursue a new career in a different field. This place has a simple menu and a craft beer focus, so it could be great for a first restaurant for someone with some food experience and interest in the Craft Beer & Wine culture developing in Auburn.
Interested? Please fill out our Confidentiality Agreement/NDA form to get started. Once we receive your Confidentiality Agreement, we will send you information with the name, street address and other details. This is a Confidential Listing so please Do Not Disturb the business. Tours are by appointment only. We look forward to talking with you about this exciting opportunity.
To get more information about this Restaurant - Craft Beer business for sale in
Auburn, Placer County please phone Tricia Bernhardt (Broker - BRE License #:01168790) at 916-482-7979 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #249431 on BizBen.com. In addition to phoning
Tricia Bernhardt, make sure you email Tricia Bernhardt above to get more info about this
Restaurant - Craft Beer, to ask any questions or request an appointment to see this
business for sale. Thank you.
Related Links And Information Regarding This Posting
Founder & President Of BizBen.com (since 1994) & BizBenNetwork.com. I am the Lead Facilitator for the ProSell & ProBuy Programs on both websites. I consult daily with buyers, sellers, and intermediaries daily about buying and selling 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.
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, and ABC District Offices, my company Liquor Licenses of SF Bay Area is very qualified to resolve all of your concerns during the liquor license transfer process. Call 925-787-0770.
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.
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).
Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
People always need to eat; there should be plenty of business. Some restaurant buyers think there is prestige to owning a popular eating establishment. But it isn't an easy business purchase. Peter Siegel, MBA (BizBen Founder, ProBuy & ProSell Program Director at 925-785-3118) reviews this topic.
Buying a restaurant (no matter what type) can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant intermediaries and advisors weigh in on this BizBen Discussion about the best way to find, purchase and run a restaurant successfully!
Restaurant franchise offerings are among the most popular of the business types potential business buyers seek. What many would-be owners don't realize is that there are specific tips for buying fast food or restaurant franchises that don't necessarily apply to independent restaurants for sale.
Ever wonder what is involved in obtaining business purchase financing to buy a business or franchise? Peter Siegel, MBA who has over 25 years advising on all types of financing for business buyers in this BizBen Podcast & Webinar - SBA loans, Non-SBA Financing, Alternative Financing Sources.
What are the actual "provable" adjusted net earnings (cash flow) of a small to mid-sized business being purchased? Buyers need to look carefully at all financial info for the "real" adjusted net income/cash flow. Peter Siegel, MBA (BizBen ProBuy & ProSell Lead Facilitator) at 925-785-3118 explains.
Total sales of California small businesses sold were down 18.1% from last month and down 20% from the same time last year in California. Several factors contributed to these numbers including: owner/sellers waiting to list until 2020, more business brokers exiting industry, lower buyer demand.