Contact: Steve Zimmerman At 888-995-9701 - Also Email This Contact Below
Asking Price: $545,000 Down Payment: $75,000
Annual SDC: $235,000
Annual Gross: $2,530,000
Attributes: Broker-Broker Coop, Training & Support, SBA Loan Pre-Qualified
Highly Profitable Restaurant & Bar In Tuolumne County - Annual Revenues $2.5 Million - Priced $545k.
Price Reduced: Offered At $545,000
Location: Tuolumne county
Annual Revenue: $2,530,000
Annual Cash Flow: $235,000
Monthly Rent: $9,000
Price Reduced to $545,000 with profits of $235,000 in 2019. Monthly 2020 sales revenue currently at $210,000 post-covid. Only $75,000 down for this bar and restaurant which is pre-approved for a long term SBA loan at low low interest rates to experienced, well qualified Buyer's through one of our preferred lenders. Consistent high growth with annual sales revenues of $2.3mil in 2016, $2.4mil in 2017, $2.5mil in 2018 & $2.53mil in 2019 which has bounced back post Covid. All the staff are in place with good revenues and provable cash-flow, good books and records with verifiable financials set in a great location. Enjoy the rural Tuolumne County in the Sierra foothills near many award-winning wineries and the neighboring towns of Murphy's, Angels Camp, Sonora, Jamestown & Arnold. The current owners purchased this restaurant in 2012 and have enjoyed managing the business to the present level but now wish to pass on their success to well qualified buyer's (perhaps to a chef and partner team from the urban city areas) wishing to enjoy the pleasures of living in beautiful Tuolumne County. Fully equipped kitchen to include 20ft Type 1 hood with fire suppression system, large walk-in, full range of stoves and ovens plus many refrigerated worktops. The Bar area seats 40, dining room 120 with 2nd floor banqueting & bar for 80 guests. Ample parking and high visibility from the busy Main Street at the Gateway to Yosemite National Park. 6,900 sq ft of useable space including huge storage and low monthly rent at only $1.30 per sq ft. This successful business has space, ample parking and a superb location.
Current Owner: 2012
Reason For Sale: Other Interests
Square Feet: 6900
Hours: 11am - 9pm Sun - Thurs - Fri & Sat 11am - 10pm
To get more information about this Bar And Restaurant - Highly Profitable business for sale in
Tuolumne County please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 888-995-9701 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #265138 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Bar And Restaurant - Highly Profitable, to ask any questions or request an appointment to see this
business for sale. Thank you. License # 01310250. Restaurant Realty Company.