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Posting: 283869 | Available | 5/2/24
This restaurant features a type-47 ABC license (valued at $385,000), is located on a main thoroughfare, and has been in business for more than 30 years. Famous for its unique menu, the restaurant has repeatedly won awards over the years, has been featured in multiple publications. A real steal!
Asking Price
$425,000
Cash flow
$300,000
Revenue
$840,000
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Posting: 277833 | Available | 5/2/24
This is a 5-star Asian-inspired restaurant for sale in the Mission District off Valencia street. It was recently listed #14 on Yelp's top 100 restaurants to eat. The place is unassuming but the food is the bomb. It is located just blocks from Dolores Park and the popular Dolores Park Church.
Asking Price
$250,000
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Posting: 277139 | Available | 5/2/24
This is an established vegan restaurant for sale in an Antioch shopping center. This is a hidden gem in a strip mall next to a nail salon. The owner serves Thai, Vietnamese, and Chinese cuisines--all plant-based. There are a lot of good reviews on Yelp. The size is approximately 2,000 sq ft.
Asking Price
$135,000
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Posting: 281508 | Available | 5/2/24
This is a family-owned Vietnamese restaurant for sale in San Francisco outer Richmond. This absolute gem in this neighborhood is serving authentic Vietnamese food. It is located in the SF Richmond central on Geary. It is approximately 2,600 sq ft. with 75 seating. The lease amount is $7,500.
Asking Price
$130,000
Cash flow
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Revenue
$1,800,000
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Posting: 281952 | Available | 5/2/24
This is a super high-volume Asian restaurant for sale in Alameda on the main street. They serve a huge selection of different foods, chicken wings, some loaded tots, chicken skins, Mongolian beef chow mein, and garlic noodles. The restaurant shared a parking lot in the back.
Asking Price
$350,000
Cash flow
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Posting: 286366 | Available | 5/1/24
This is a fully equipped full-service dining restaurant featuring a stove, hood, and Ansul kitchen system. It has a seating capacity of approximately 135 inside and 55 outside. The price includes the business, furniture, fixtures, equipment, goodwill, and beer and wine license, plus inventory.
Asking Price
$149,000
Cash flow
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Revenue
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Posting: 284679 | Available | 5/1/24
This is a Chinese restaurant for sale in an office area near Lawrence Expressway. The dining area can seat 40 people and there is also a patio area. No AC/heating system or walk-in cooler. The hood is is 11 feet. Restrooms are in the plaza shared with other tenants. It is 1,250 square feet.
Asking Price
$129,000
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Posting: 278870 | Available | 5/1/24
A newly remodeled restaurant with a turn-key condition and up to code. It is located at a high-foot-traffic shopping center with some nationally known anchor tenants. It has a beautifully designed dining area. The kitchen has a 15' hood, a walk-in cooler, and new equipment. It is 1,417 square feet.
Asking Price
$170,000
Cash flow
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Posting: 282454 | Available | 5/1/24
For sale is a Chinese restaurant with a stable customer base in an upscale area. It is in a high-foot-traffic shopping center with many notable stores and restaurants. They have ample parking spaces, a beer and wine license, and a good size dining room. The kitchen has a 20-foot hood. 2000 sq.ft.
Asking Price
$165,000
Cash flow
$210,000
Revenue
$714,000
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Posting: 284887 | Available | 5/1/24
This restaurant has been operating in the same location for 35 years. Because it has been around for a long time, there are many regular customers and the income is stable. The current owner took over and was selling over $70,000 before the COVID-19 outbreak.
Asking Price
$345,000
Cash flow
$30,000
Revenue
$160,000
Down
$150,000
Posting: 286364 | Available | 5/1/24
Our business, founded 1.5 years ago by two Brazilian friends, specializes in Japanese-Brazilian fusion cuisine and has been profitable since day one. We sell cone-shaped sushi hand rolls and poke bowls and have amassed a substantial clientele, earning the highest Google rating.
Asking Price
$150,000
Cash flow
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Revenue
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Posting: 286358 | Available | 5/1/24
A Chinese restaurant for sale, beautifully designed and built from scratch in 2017, is now on the market. The property is up to code and features ample parking. Inside, there are ten hoods above tables with table stoves, along with a beer and wine license.
Asking Price
$190,000
Cash flow
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Revenue
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Posting: 286352 | Available | 4/30/24
A Chinese restaurant in the lower Nob Hill area is up for asset sale. The restaurant is currently closed. It occupies 1,200 square feet, with a rent of $4,500. The kitchen features a 7-foot-long hood. Potential buyers are encouraged to bring their own concept.
Asking Price
$88,888
Cash flow
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Revenue
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Posting: 275368 | Available | 4/30/24
This is an Asian fusion restaurant for an asset sale. The restaurant has a big patio area. The restaurant is in a busy foot traffic area. The size of the restaurant is 1,500 sq. ft, and rent is $5,600 including CAM (1.5 years + 5 options remaining). There is a 10 feet hood.
Asking Price
$188,888
Cash flow
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Revenue
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Posting: 286349 | Available | 4/30/24
Nick's Bistro is in a great location inside the Date Palm Country Club on the border of Cathedral City & Rancho Mirage. Nick's Bistro serves classic American & Italian cuisine in an upbeat atmosphere with wonderful views. The restaurant has a spacious dining area, cocktail lounge, patio, and more.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$1,227,000
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Posting: 284230 | Available | 4/30/24
This is a modern pizzeria with a world-class Marra Forni rotating brick pizza oven for sale. Own a newly built and fantastically designed pizzeria in a busy East Bay community. It is located in a vibrant shopping complex that is home to over 20 food concepts and retail.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
$960,000
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Posting: 283248 | Available | 4/30/24
For sale is an existing restaurant in like-NEW condition ready for an experienced operator to use the same or a new concept. There is a large kitchen with two (2) Type 1 hoods (open flame), a walk-in freezer, grease-trap (50 gal), multiple stoves, cooktops, etc.
Asking Price
$145,000
Cash flow
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Posting: 278019 | Available | 4/30/24
For sale is a high cash flow, well-established Japanese restaurant with excellent reviews. The owner has owned it for 8 years but they want to relocate/retire. It is 800 sq. ft with a small backyard. The seller's lease is valid for the next 2 years with one 5-year option.
Asking Price
$220,000
Bldg Size
Call / Email
Typical Floor Size
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Year Built
1981
Posting: 286342 | Available | 4/30/24
The industrial land extends through the city limits of Lancaster. The "specific plan" denotes the actual zoning, permitting multiple uses via conditional use permits, including light and heavy industrial use. There is a steakhouse already established on the premises.
Asking Price
$1,375,000
Cash flow
N/A
Revenue
N/A
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Posting: 286341 | Available | 4/30/24
A seafood restaurant is situated off a major part of the 15 Freeway and adjacent to a bustling shopping plaza featuring Target, HomeGoods, Marshall's, and Best Buy. The plaza experiences high foot traffic, located across from Stater Bros and near a gas station.
Asking Price
$350,000
Cash flow
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Revenue
$915,000
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Posting: 286340 | Available | 4/30/24
A well-established Japanese bentos and sushi restaurant is available for sale in Downtown Mateo. This delightful casual sit-down Japanese spot, located in downtown San Mateo, boasts positive reviews and satisfied clientele. It is renowned for its generous portions, welcoming staff, etc.
Asking Price
$299,000
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Posting: 286336 | Available | 4/30/24
This restaurant is located in a highly visible location with a lot of traffic. So it has a lot of potential. Any type of restaurant is available except for pizza and Mexican restaurants in the same plaza. This restaurant has alcohol license type-41.
Asking Price
$128,000
Cash flow
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Revenue
$1,700,000
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Posting: 286334 | Available | 4/30/24
This high-end restaurant, located in a prime location within a very high-traffic shopping center, has been situated in the same spot for 20 years. The present owner has successfully operated it for 7 years.
Asking Price
$750,000
Cash flow
$120,000
Revenue
$1,278,000
Down
$449,000
Posting: 285255 | Available | 4/30/24
Nestled in the vibrant heart of Santa Monica, this esteemed cafe offers a unique dining experience that draws locals and visitors alike. Known for its exceptional blend of cosmopolitan flair and intimate ambiance, this establishment has become a beloved staple within the community.
Asking Price
$449,000
Cash flow
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Revenue
$1,300,000
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Posting: 283743 | Available | 4/30/24
For sale is a super high-volume Asian restaurant for sale in Larkspur main street. It is a hidden gem with a lovely pleasant outdoor patio in the back with decorative lights and a lemon tree. The ambiance is nice and tucked away from a casual neighborhood spot. It is in Marin County.
Asking Price
$450,000
Cash flow
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Posting: 267875 | Available | 4/30/24
For sale is a branded banh mi shop in the San Francisco Saigon district. They serve sandwiches, baked goods, Vietnamese desserts, coffee/baguettes, and other Asian delights. The shop is part of the Tenderloin district. Little Saigon includes a 2-block stretch of Larkin Street packed with Vietnamese.
Asking Price
$80,000
Cash flow
$200,000
Revenue
$700,000
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Posting: 280956 | Available | 4/30/24
This is a large Asian restaurant for sale in Natomas of Sacramento County. It is located near two major freeways, the Sacramento International Airport, Walmart, In n Out Burger, and Downtown making this area a prime location for visitors and locals.
Asking Price
$399,000
Cash flow
Call/Email
Revenue
$360,000
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Posting: 283823 | Available | 4/30/24
This is a 5-star review family-owned pizza and pasta joint for sale in Santa Maria of Santa Barbara county. It is located on the Central Coast in Santa Barbara County. Santa Maria is a beautiful vacation destination in the foothills of the Sierra Madres, minutes from pristine beaches, parks, etc.
Asking Price
$220,000
Cash flow
$120,000
Revenue
$840,000
Down
$338,000
Posting: 282386 | Available | 5/2/24
For sale is a charming oyster bar, nestled in the heart of a renowned beach community's bustling restaurant row. With its prime location and inviting front patio, this establishment radiates a vibrant ambiance and boasts tasteful improvements. It comes with an active Type 41 ABC license.
Asking Price
$338,000
Cash flow
$475,000
Revenue
$3,000,000
Down
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Posting: 267141 | Available | 4/30/24
For sale are two bagel and sandwich shops that are available. They are in excellent commercial areas that have a hospital and residents that are high and middle-income. 2022 Year to Date made approximately $3 Million / Pandemic approximately $2.7 million plus 2020.
Asking Price
$1,675,000
Cash flow
Call/Email
Revenue
$4,500,000
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Posting: 285309 | Available | 5/1/24
Situated at a prime corner spot on a bustling main block in Los Angeles, this establishment resonates with rich global influences, creating a unique and inviting atmosphere. Boasting adaptable space accommodating up to 140 guests, the venue features timeless design elements.
Asking Price
$825,000
Cash flow
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Revenue
$1,000,000
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Posting: 286054 | Available | 4/28/24
For sale is a Mexican restaurant that is located inside a major shopping center with a supermarket anchor. No other Mexican restaurants in the complex & cannot open a new Mexican restaurant according to our lease agreement. There is plenty of parking. It has a beer & wine license.
Asking Price
$439,900
Cash flow
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Revenue
$525,000
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Posting: 285786 | Available | 5/3/24
This established pizza business is known for its premium pizzas and commitment to quality. While the current owner prioritizes quality over quantity, there's ample room for a new owner to convert to their own vision. It is a prime location in a shopping center with high visibility.
Asking Price
$245,000
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Posting: 286238 | Available | 5/2/24
Historic restaurant and bar, East of Alpine. This stand-alone 4,500 sq. ft building with a patio and full kitchen equipped with an A1 hood. Keep it as is or explore new concepts. ABC type 47 license available separately. Unlimited potential for menu expansion, live entertainment, and marketing.
Asking Price
$199,000
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Posting: 285056 | Available | 5/2/24
Experience the epitome of elegance and refinement at our renowned establishment, where breathtaking views, exquisite dining, and a romantic ambiance converge to create an unparalleled dining experience. It is recognized as the Inland Empire's premier destination for romance and ambiance.
Asking Price
$2,500,000
Cash flow
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Posting: 284472 | Available | 5/1/24
This is an exceptional restaurant & banquet facility for sale! This is a full-service banquet facility with ABC Type 47 liquor license & ABC Type 58 for catering. They have a seating capacity of over 360. There is vast parking space for guests and it is easily accessible from major freeways.
Asking Price
$4,500,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 4/28/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
$120,000
Revenue
$600,000
Down
$189,000
Posting: 283568 | In Escrow | 10/27/23
This is a profitable Mediterranean restaurant in a popular commercial area. It is located in a busy center by heavy traffic streets with high visibility and close to residential areas. Previously it was a Chinese restaurant with a well-equipped double kitchen ideal for Asian menu concepts.
Asking Price
$189,000
Cash flow
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Revenue
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$45,000
Posting: 286326 | Available | 4/29/24
A small restaurant in a great location near Beverly Blvd, and La Brea Ave in an upscale area. The sushi restaurant here just closed. The restaurant is fully equipped for you to come in and make money. It is great for sushi, pizza, or your menu. It is a good location for delivery and pick up service.
Asking Price
$45,000
Cash flow
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Revenue
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Posting: 285872 | Available | 3/27/24
First time on the market in over 30 years! Rare opportunity to capitalize on a longstanding restaurant on main corner with high visibility. Desirable interior features such as open floorplan, high ceilings, spacious bar and abundant dining space inside and on outdoor patios.
Asking Price
$395,000
Cash flow
$30,000
Revenue
$160,000
Down
$150,000
Posting: 286364 | Available | 5/1/24
Our business, founded 1.5 years ago by two Brazilian friends, specializes in Japanese-Brazilian fusion cuisine and has been profitable since day one. We sell cone-shaped sushi hand rolls and poke bowls and have amassed a substantial clientele, earning the highest Google rating.
Asking Price
$150,000
Cash flow
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Revenue
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Posting: 284590 | Available | 1/9/24
This successful restaurant in the heart of West Hills boasts a vibrant live music atmosphere, immaculate food, and an impressively designed 2,500 sq. ft. space. Net income of $20,000 a month.
Asking Price
$675,000
Cash flow
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Revenue
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Posting: 286358 | Available | 5/1/24
A Chinese restaurant for sale, beautifully designed and built from scratch in 2017, is now on the market. The property is up to code and features ample parking. Inside, there are ten hoods above tables with table stoves, along with a beer and wine license.
Asking Price
$190,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 286352 | Available | 4/30/24
A Chinese restaurant in the lower Nob Hill area is up for asset sale. The restaurant is currently closed. It occupies 1,200 square feet, with a rent of $4,500. The kitchen features a 7-foot-long hood. Potential buyers are encouraged to bring their own concept.
Asking Price
$88,888
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 286366 | Available | 5/1/24
This is a fully equipped full-service dining restaurant featuring a stove, hood, and Ansul kitchen system. It has a seating capacity of approximately 135 inside and 55 outside. The price includes the business, furniture, fixtures, equipment, goodwill, and beer and wine license, plus inventory.
Asking Price
$149,000
Cash flow
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Revenue
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Posting: 286349 | Available | 4/30/24
Nick's Bistro is in a great location inside the Date Palm Country Club on the border of Cathedral City & Rancho Mirage. Nick's Bistro serves classic American & Italian cuisine in an upbeat atmosphere with wonderful views. The restaurant has a spacious dining area, cocktail lounge, patio, and more.
Asking Price
$125,000
Cash flow
Call/Email
Revenue
$573,000
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Posting: 279336 | Available | 8/2/23
This is an established Thai Asian fusion restaurant for sale in Vallejo tucked away in the golf course/housing community. Parking is easy to find in the small plazas along with other retail shops, delis, and more. The restaurant has a minimalistic white clean aesthetic and an open-airy feeling.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$1,400,000
Down
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Posting: 284869 | Available | 1/26/24
Inherit the $1.2mm in long term bank debt, pay a Landlord Security deposit, Escrow closing costs and take over this establishment with $1.4mm in 2023 sales revenues with original build out costs of $2.2mm. The sale includes a Type 47 license, fully equipped kitchen, entertainment permit, and more.
Asking Price
$1
Cash flow
$546,825
Revenue
$3,400,000
Down
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Posting: 284067 | Available | 11/29/23
We are offering a package of 2 profitable, absentee-run, bistro-style restaurants in very desirable high-traffic locations. The locations can be purchased separately. The concept and model are scalable. The 2022 Net Sales were $3.4Mil and EBITDA $546k.
Asking Price
$1,900,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$225,000
Posting: 285886 | Available | 3/28/24
This is an asset sale. The cost to build this restaurant from scratch would be $600,000+ and take at least 1 year. It is a double unit with 2 full kitchens. 20 ft. and 11 ft. Type 2 hoods. Allowed Concepts: Thai, Korean, Malaysian, Indian, Hot Pot, Kebob, etc.
Asking Price
$225,000
Cash flow
Call/Email
Revenue
$850,000
Down
$175,000
Posting: 286374 | Available | 5/2/24
The restaurant is situated on Main Street in the heart of Huntington Beach - Surf City USA. It is well-located on an iconic street, within walking distance to the beach and famed Huntington Beach Pier, which attracts more than 11 million annual beach visitors.
Asking Price
$175,000
Cash flow
$120,000
Revenue
Call
Down
Call
Posting: 257633 | Available | 10/19/21
Well established Mongolian Grill restaurant. Over 15 years with current owner. Easy to run, No Chef needed. Semi absentee run. Over $10K net per month.
Asking Price
$399,000
Cash flow
Call/Email
Revenue
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Posting: 280905 | Available | 1/21/24
For sale is a Korean restaurant. It is closed on Mondays and Tuesdays. It's located in a prime location in CA. It is located in a popular, large, famous shopping mall. Business hours are open from 11:30 am - 8 pm (Wed-Sun).
Asking Price
$125,000
Cash flow
$23,234
Revenue
$561,616
Down
$295,000
Posting: 284154 | Available | 12/4/23
This style restaurant and bar offers a buyer an unbelievable location and at an attractive lease rate from which to launch their own concept, or to build upon its already proven concept.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
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Posting: 278019 | Available | 4/30/24
For sale is a high cash flow, well-established Japanese restaurant with excellent reviews. The owner has owned it for 8 years but they want to relocate/retire. It is 800 sq. ft with a small backyard. The seller's lease is valid for the next 2 years with one 5-year option.
Asking Price
$220,000
Cash flow
Call/Email
Revenue
Call/Email
Down
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Posting: 284695 | Available | 4/3/24
This is an Asian restaurant. This restaurant is in the shopping center near Highway 4. Walmart is the anchor tenant. The size of the restaurant is 1,440 sq ft. and rent is $4,000 including CAM water and garbage. There's a 9 foot long hood (type 1). Bring your menu.
Asking Price
$99,999
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
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.
ServingSan Francisco Bay Area, North Bay, Central Valley
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
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Looking to buy restaurant businesses? Check out these tips first to avoid getting blindsided when you buy restaurants. Peter Siegel, MBA with BizBen.com discusses this topic.
Many California small business investors want to buy a restaurant. People always need to eat; there should be plenty of business. And some buyers think there is prestige to owning a popular eating establishment. But it isn't an easy purchase. Here's what not to do when planning to buy a restaurant.
Peter Siegel, MBA discusses buying pizza restaurant for sale tips and what to watch out for. Topics: Owner involvement in the business as pizzerias are most successful when the owner is onsite. Also discussed is the importance of location and reviewing all financial and tax information.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
This webinar is designed for business buyers, owner/sellers, business brokers, agents, and advisors who can benefit on the latest information and strategies on procuring large SBA loans to buy or sale a "large" small business - typically priced between $500K to $10M. Peter Siegel, MBA is the host.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
After investing years of time and talent into a company, many small business owners want to feel like they are leaving their business in good hands and for that reason, some sellers opt to sell their business to an employee. Let's talk about the pros and cons to taking this route.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
You've found your dream business. You've called/emailed/texted the broker or owner; you've tried to reach out again via phone/email/text. However you're not getting a response and it's getting frustrating. How to get brokers/owners to return your calls/emails/texts - what key strategies to utilize.
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
There are companies who specialize in purchasing Business Notes (of course at a discount). You can sell all or part of your note. Peter Siegel, MBA BizBen Founder and ProBuy & ProSell Lead discusses this entire process in his latest article on selling your business note after you sell your business.
A question sellers ask: how do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take some precautions to reduce potential legal problems. Peter Siegel, MBA Founder Of BizBen and BizBen.com's ProBuy and ProSell Programs discusses this topic.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
The latest BizBen.com survey of Business Brokers and Agents outlined what it takes to be a top ten percent performer in the business brokerage industry. From good communication to utilizing your resources, these traits are something to take note of and put into practice to be successful.
To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The idea to have a buying a business checklist follows the adage that it's always useful to start with a plan when searching to buy a small business for sale. Peter Siegel, MBA Founder of BizBen.com and top advisor of the BizBen ProBuy Program suggests six items for all business buyers to utilize.
The key to finding the ideal business broker or agent and selling a small business is asking the right questions and getting the right answers back! Peter Siegel, MBA with BizBen & several top business brokers and agents in California (ProIntermediaries) contribute to this topic to assist sellers.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Peter Siegel, MBA - Lead Advisor with the BizBen.com ProSell Program discusses critical steps to prepare a small to mid-sized business including: which documents will be needed, key advisors to have involved, pricing the business, and how to attract the right business buyers to your listing.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
It can take months, sometimes longer to sell a small business. Here are 6 questions plus other information from myself plus other BizBen Users to ask yourself to help you determine why your small to mid-sized California business isn't selling. You might be surprised what those reasons are!
Should I Sell My Business During The Holidays Or Wait Till After The New Year? Business Broker Joe Ranieri and others chime in on this BizBen Discussion about selling a business during the Holiday Season.
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Yes, there are ways to find businesses with growth potential that can be purchased with modest investments. But before offering any ideas about finding cheap businesses, it's important to review some of the risks involved. Peter Siegel (BizBen ProBuy Program) discusses this topic with others.
At What Point Do You Show Key Marketing Info And Materials To Buyers? Robb Hartman, Business Broker at BizBen discusses this topic with others on this BizBen Discussion.
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
