Completely 'Turn Key' restaurant opportunity with an ABC Type 41 beer and wine license and annual profit of $100,000+ with an extremely low low rent! SBA loan would be available to qualified buyers with restaurant experience and good credit. Enjoy the rural life style yet own and operate your restaurant business located between Redding and Red Bluff with current annual sales of $878,000 and currently showing 2015 will be in excess of $75,000 monthly with monthly profits of $8,500. A budding chef or husband & wife team can really take this restaurant to new heights while enjoying a country lifestyle. This established restaurant has earned a great reputation under the present ownership for the past 6 years. Having built their success they have become virtually absentee owners but due to family illness the owners are now forced to sell. Free standing 3000 sq ft building plus 600 sq ft outdoor patio in central town location off Hwy I-5 close to Redding, California. The Kitchen: 12ft Type 1 hood with fire suppressant system, 4 burner stove, char-broiler, flat top, salamander, 2 double fryers, double stacked convection ovens, 600lb ice machine, Large walk-in refrigerator, 4 refrigerated worktops, double bread warmer and 3 outside storage sheds with 3 freezers and catering equipment. Dining Room: 70 chairs and 18 tables in nicely decorated room with refrigerated dessert display fridge and many local features. Patio: 40 chairs and 10 tables with umbrella stands. The outdoors of this free standing corner building was repainted a year ago and has tremendous curb appeal with a good sized modern kitchen and ample storage. Complete the 'Confidential Information' request at the top of this page and we will send you the name and address of this business plus the financials & lease. We will also send you the broker contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationContact For Info
  • Established1990
  • Current Owner2009
  • Employees17
  • Reason For SaleOther Interests

Facilities

  • Seating110
  • Square Feet3000 + 600 Patio
  • ParkingStreet and small Parking Lot
  • LicensesHealth, Business and ABC Type 41 beer and wine
  • Open HoursSun-Thurs 7.30am-8pm Fri & Sat to 8.30pm

Lease

  • Rent$3,075
  • Expiration2019
  • Yearly IncreaseContact For Info
  • OptionNegotiable
  • Deposit$3,000

Financials

  • Monthly Revenue$75,000
  • Monthly Cash Flow$8,500
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • Payroll$$18,905

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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