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For Sale: Local Franchise Restaurants - 3 Units - Central Coast

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Current Status: Active     Posting #: 248534     Last Refreshed: 5/17/19     BRE License #: 01928119    
Contact: Lance Strauss At 831-625-5581  -  Also Email This Contact Below
Price:  $850,000     Down:  Call     Adjusted Net:  Call     Revenue:  Call    
Attributes:  Training & Support     Cooperation With Brokers?  Call

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  Description About This Posting: Local Franchise Restaurants - 3 Units
In business for over a decade, these 3 successful restaurants boast a loyal following of repeat customers. These restaurants have won numerous awards and accolades from their respective local media outlets for their carefully prepared classic Indian cuisine. Each restaurant has a strong repeat customer base supplemented by domestic and international tour groups and large catered outside parties and corporate events.

Restaurant #1 seats 144 total (65 inside, 79 outside), has 12 employees (part and full time) and a type 47 hard liquor license. The restaurant is located in a central downtown location with beautifully decorated patio and serves primarily loyal local & tourist customers.

Gross sales: 2017 - $890K, 2018 year to date $710K.

Restaurant #2 seats 60, has 7 employees and a type 41 beer and wine license. The restaurant is located in a very high traffic tourist attraction area.

Gross sales: 2017 $390K, 2017 year to date $346K. There is a very high potential that sales can be easily doubled.

Restaurant #3 seats 90, has 7 employees and a type 41 beer and wine license. The restaurant is located in a very desirable residential area.

Gross sales: 2017 $650K, 2018 year to date $525K

Asking prices are as follows:

Restaurant #1: $400,000
Restaurant #2: $300,000
Restaurant #3: $250,000

All 3 restaurants: $850,000

This is a rare opportunity to acquire 3 dynamic venues that can be left to successfully operate as is or modified as per a new owner's desires.

To get more information about this Local Franchise Restaurants - 3 Units business for sale in Central Coast please phone Lance Strauss (Agent - BRE License #:01928119) at 831-625-5581 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #248534 on BizBen.com. In addition to phoning Lance Strauss, make sure you email Lance Strauss above to get more info about this Local Franchise Restaurants - 3 Units, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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  Helpful Resources To Assist In Selling And Buying California Businesses

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

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.

Jim Saxton, Liquor License Broker & Consultant - SF Bay Area

With over 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, and ABC District Offices, my company Liquor Licenses of San Francisco Bay Area is very qualified to resolve all of your concerns during the liquor license transfer process.

Mike Brewer: Liquor License Brokers, ABC Consulting Services

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.

Cheryl Maloney: Restaurant Broker Specialist - San Francisco

Cheryl is a business owner herself, Over 20 years bar/restaurant experience, and a law degree she's well-versed in real estate rules, regulations and best practices. She works tirelessly to create successful strategies and effective negotiations for those wishing to sell or purchase their business.

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Professionals who understand the importance of world class business brokerage service and the value it can create. Specializing in assisting sellers and buyers with retail stores, restaurants, hospitality & lodging, manufacturing operations, distribution companies, e-commerce and service businesses.

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