Price reduced to $585,000 making $235,000 profits annually. Only $100,000 down for this bar and restaurant which is pre-approved for a long term SBA loan at low low interest through one of our preferred lenders. Well qualified Buyer's will be able to obtain SBA financing with the purchase of this profitable business. Consistently growing with annual sales revenues of $2.3mil in 2016, $2.4mil in 2017, $2.5mil in 2018 & $2.53mil in 2019 which has bounced back with a 14% sales increase post Covid. Current owners purchased in 2012 and have enjoyed managing to the present level but now wish to pass on their success to well qualified buyer's (perhaps to a chef and partner team from the Bay Area) wishing to enjoy the pleasures of living in beautiful Tuolumne County. Fully equipped kitchen to include 20ft Type 1 hood with fire suppression system, large walk-in, full range of stoves and ovens plus many refrigerated worktops. The Bar area seats 40, dining room 120 with 2nd floor banqueting & bar for 80 guests. Ample parking and high visibility from the busy Main Street at the Gateway to Yosemite National Park. 6,900 sq ft of useable space including huge storage and low monthly rent at only $1.30 per sq ft. This successful business has space, ample parking and a superb location. To receive more information and discuss this opportunity with the broker along with the broker's connections for a long term SBA loan solution please 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 & full list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationInc
  • Established1985
  • Current Owner2012
  • Employees38
  • Reason For SaleOther Interests

Facilities

  • Seating240
  • Square Feet6900
  • Parking50+
  • LicensesBusiness, Health & ABC Type 41
  • Open Hours11am - 9pm Sun - Thurs - Fri & Sat 11am - 10pm

Lease

  • Rent$9,000
  • Expiration2022
  • Yearly IncreaseContact For Info
  • OptionTwo 5 Yr options to extend
  • Deposit$12,000

Financials

  • Monthly Revenue$210,833
  • Monthly Cash Flow$19,584
  • Annual Revenue$2,530,000
  • Annual Cash Flow$235,000
  • Payroll$$43,186

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