Established in 2016 this 2900 sq ft indoors with a 200 sq ft outdoor patio Quick Service Bar & Restaurant for sale for $250,000. The Restaurant was a complete build out in 2016 costing $1million with a modern 16 tap beer Glycol system from the walk-in, a 20ft bar with POS and booth and table seating for 45, 10 at the bar with a further 20 on the outdoor patio. The open kitchen line includes a type 1 hood with fire suppression system with broiler, griddle, fryers, convections oven, refrigerated worktops etc etc and is currently a QSR style service which has an upscale decor and would lend itself easily to be altered to a full service concept. The financials below are for 2019 when the business grossed $1.2 million in sales revenue and is well capable of that and more in 2021. The current monthly rent including NNN & common area maintenance is only $8,700. This is 'Turn Key' restaurant opportunity located within a popular strip mall in Placer County with many neighboring restaurants. 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 & comprehensive 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

  • OrganizationContact For Info
  • Established2016
  • Current Owner2016
  • Employees12
  • Reason For SaleOther Interests

Facilities

  • Seating75
  • Square Feet2900 + 200 patio
  • Parking100+
  • LicensesABC Type 41, Health & Business
  • Open Hours11.00am - 9.00pm Daily

Lease

  • Rent$8,700 including NNN & CAM
  • Expiration2026
  • Yearly Increase2.5%
  • OptionTwo 5 year Options
  • Deposit$6,800

Financials

  • Monthly Revenue$99,500
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,194,000
  • Annual Cash FlowContact For Info
  • Payroll$$36,660

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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.

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