Price reduced to $199,000 for this 'Turn Key,' fully equipped Craft Beer House in a superb location. Good books and records are available with verifiable financials and revenues. There is provable positive cash-flow and all the staff are in place. Located just off I-50 in the Folsom area. The quality build-out in 2016 was completed at a cost in excess of $600,000 and now achieves monthly sales between $70,000 - $80,000 with semi-absentee ownership. 50 draft beers on tap, local wines and a full menu are on offer all in a modern industrial setting with booths and communal tables. Seating for 100 inside plus bar seating for 10 and a further 30 on the outdoor patio. Hard floor surface makes for ease of maintenance, a large beer walk-in fridge and great curb appeal makes this an excellent opportunity to enter the craft beer market or expand an already existing restaurant business or brewery business. There is an assumable $170,000 loan available to well qualified experienced buyers with excellent credit & financials. The kitchen has an 'On-Demand' hot water system, walk-in cold room and ample equipment to include; 2 deep fryers, 6 burner stove with oven, separate convection oven, 3ft broiler, all under a 6 & an 8ft extraction hood with fire suppression systems. Ample refrigerated worktops and stainless steel work surface make for an efficient work space suitable for all menus. This is a suburb example of a craft beer house with full menu offered at a third of the build out cost. Please complete the 'Non Disclosure Agreement' on our site and we'll send you the name and address with the full financial information, lease & list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationContact For Info
  • Established2016
  • Current Owner2016
  • Employees15
  • Reason For SaleOther Interests

Facilities

  • Seating110 + 30 Patio
  • Square Feet3062 + Patio
  • ParkingParking Structure
  • LicensesHealth, Business & ABC Type 41 License.
  • Open Hours11.00am - 11.00pm Daily

Lease

  • Rent$10,960 Including NNN
  • Expiration2021
  • Yearly Increase3%
  • Option5 yr option
  • Deposit$8,576.12

Financials

  • Monthly Revenue$78,466
  • Monthly Cash FlowContact For Info
  • Annual Revenue$941,587
  • Annual Cash FlowContact For Info
  • Payroll$$22,300

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.

Location