$425,000.00
Asking Price
Status: Active
Posting ID: 286144
4/16/24
Description
Fabulous Location in the Roseville/Rocklin Area. Highly Profitable 2600 sq ft Restaurant with Beer and Wine License
Description:
Currently a highly regarded Turkish restaurant, but the concept could be altered to suit this busy strip mall location. Many families live and are moving into this fast-growing Sacramento suburb city, especially West Roseville. Monthly rent is $4,400 with annual sales revenue of $650,000 and profits of $187,000. Extremely low overheads due to the owner/operator’s tight controls which would suit a similarly driven Buyer.
Asking price is $425,000 to include all new equipment, with its fully equipped display kitchen behind glass, type 1 hood with fire suppression system, all the stoves & ovens you would need and a modern dining room seating 80 with ABC type 41 beer and wine license. The location is a AAA, highly visible, surrounded by quality tenants, near a major theater and has a first class 4.5 star rating on Yelp.
“First, I want to shout out to the young waiter. He kept a check on us (party of 6) the whole time we were there and treated us so nicely. Second, the appetizers (dolma and stuffed mushrooms) and the Sultans delight with Lamb was very tasty and enough to take home. Third, the owner came to the table and introduced himself and had the waiter bring baklava for the table. What a nice way to end our wonderful meal and night. We all agreed that we would go back. Let's continue to support our local businesses. They need us!”
To receive more information and discuss this opportunity with the broker, please 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 & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
Financial Information:
Monthly Revenue: $70,000
Monthly Cash Flow: $15,592
Annual Revenue: $840,000
Annual Cash Flow: $187,100
General Info:
Ownership: Corporation
Established: 2014
Employees: 10
Reason For Sale: Other Interests
Monthly Rent: $5,735.00 with NNN
Expiration: 2027 plus 5 year option
Facilities:
Square Feet: 2,600
Seating: 92
Parking: 100+
Licenses: Health, Business & ABC Type 41 License
Days/Hours of Operation: 4.00pm - 9.00pm Mon - Fri. 12.00pm - 9.30pm Sat & Sun
RRC# 4756
Location: Rocklin/Roseville
To get more information about this Turkish Restaurant - Fabulous Location business for sale in Placer 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 #286144 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Turkish Restaurant - Fabulous Location, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01310250. Restaurant Realty Company.
Contact
Details
Asking Price: $425,000.00
Down: Call/Email
Cash Flow: $187,100.00
Revenue: $840,000.00
Area: Placer County
City: None Given
Attributes:
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