This unique opportunity consists of three (3) locations of a well established, privately owned Restaurant Chain. All locations in Northern California are in premium shopping centers in either prime inline, end cap and/or freestanding units and nearly $3.5 million was spend in building out these locations. The square footage, number of seats and age of the units are as follows: Unit #1 - 4,000 square feet, 182 seats and 9 years old; Unit #2 -5,000 square feet, 226 seats and 4 years old and Unit #3 - 5,500 square feet, 216 seats and 2 years old. All locations have been well maintained. Each unit has a fully equipped display kitchen with extensive cooking equipment, prep kitchen, a full bar with type 47 license (beer, wine and hard liquor), comfortable dining rooms and spacious patios with outdoor seating Additionally most of the units floor plans are configured with large seating areas that can be used for private parties and other group functions.. All the units have ADA restrooms, large storage areas, managers offices and free parking lots. All of the unit's leases have long term leases with options. The three years average yearly EBITDA is $737,083. These three remaining units were part of a small regional chain of 7 units that are being consolidated due to ownership restructuring. This is an excellent opportunity to roll out this concept into a major regional expansion or re brand the concept for future development.

General Info

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  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • SeatingSee description
  • Square FeetSee description
  • ParkingSee description
  • LicensesBusiness, ABC Type 47 (hard liquor)
  • Open HoursSee description

Lease

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  • ExpirationSee description
  • Yearly IncreaseContact For Info
  • OptionSee description
  • DepositContact For Info

Financials

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Financing

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  • 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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