Only $75,000 for this fully fitted modern restaurant which is a unique opportunity in these times to own and operate a highly reputed 'The Farm Table Restaurant' in Main Street Placerville for a mere fraction of the cost to build. The landlord wants to help a new tenant and will give preferential rent, especially for the first 6 months which will greatly assist a new operator. $500,000 fit out for a mere $75,000. View their Facebook page; https://www.facebook.com/search/top?q=The%20Farm%20Table%20Placerville%20CA Check out their 'Yelp' reviews. 4.5 stars from 323 reviews. Also, check out their 'Yelp' reviews. 4.5 stars from 323 reviews. No expense was spared on renovations, modernization for practical purposes while keeping the charm of this historical high street location. Sales have been increasing by $100,000 annually since 2015, in part due to the renovations but also the quality & style. Now complete with a charming interior, comfortable yet elegant setting in this historic downtown. A well known establishment in the local community as well as with many bay area followers traveling to and from South Lake Tahoe. A new owner could completely change the concept as $75,0000 buys you so much. A long lease term with low rent and a fully equipped kitchen & dining room with a prep area, walk-in refrigerator, 8 burner/2 oven/flat-top range, double convection oven, large mixer/grinder, blenders and food processors with a list too long to mention plus 49 seats and all the fully permitted renovations and decor in the dining room . Everything you see is included for a mere $75,000. The financials above and below are from 2019. To receive more information and discuss this opportunity with the broker please complete the 'Non Disclosure Agreement' on our website and we'll send you the 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

  • OrganizationCorporation
  • Established1995
  • Current Owner2015
  • Employees17
  • Reason For SaleOther Interests

Facilities

  • Seating49
  • Square Feet2828
  • ParkingParking Structure & Street
  • LicensesHealth, Business, ABC Type 41 Beer and Wine
  • Open HoursMon - Sat 11am - 9pm

Lease

  • Rent$4,000 Including NNN
  • Expiration2020
  • Yearly IncreaseContact For Info
  • OptionTwo 5 year lease options
  • Deposit4,000 Including NNN

Financials

  • Monthly Revenue$61,060
  • Monthly Cash FlowContact For Info
  • Annual Revenue$732,719
  • Annual Cash FlowContact For Info
  • Payroll$$22,817

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