SBA loan pre-approved for 2 Franchise restaurants in the East Bay area. Only extremely experienced operators would be able to qualify to purchase both these franchise businesses. The asking price is $1.2 million for both restaurants. This well known franchise was established in the 1940's with multiple locations and you'll have full Franchisor support. Open 7 days a week these restaurants have combined annual sales in excess of $4 million and both are profitable. Good books and records with verifiable financials set in great locations with all the staff and management in place, showing good revenues and provable cash-flow. The growing sales & profitable revenues are achieved with absentee owners who along with the franchisor, will train the buyer to successfully operate these businesses. Both restaurants have seating for 120 indoors plus a patio with a fully equipped modern kitchen, which is fitted to an extremely high standard. The individual leases have separate terms and conditions all of which can be discussed with the owner and broker. There is also an ABC type 41 beer and wine license included with each restaurant. The franchise is local to Northern California and has a low Franchisor royalty of just 4%. 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 & list of equipment included with the sale. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail. NO BROKER COOP.

General Info

  • OrganizationInc
  • Established2008
  • Current Owner2008
  • Employees80
  • Reason For SaleOther Interests

Facilities

  • Seating120+ each Restaurant
  • Square Feet3500 Each
  • Parking100+
  • LicensesHealth, Business & ABC Type 41 Beer and Wine
  • Open Hours6.00am - 10.00pm Daily

Lease

  • RentContact for Info
  • ExpirationContact For Info
  • Yearly IncreaseContact For Info
  • OptionContact For Info
  • DepositContact For Info

Financials

  • Monthly Revenue$325,000
  • Monthly Cash Flow$33,000
  • Annual Revenue$3,900,000
  • Annual Cash Flow$400,000
  • Payroll$$113,000

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