Established in 2007 Sarafina's Italian Kitchen is busy every evening. Open 5 days a week from 5pm - 9pm Wednesday - Sunday only. The Real Estate is Included and there is an SBA loan pre-approved for a long term 25-year loan with just 10% down. Annual sales revenue of 912,000 and Seller's Discretionary Cash-Flow of $258,000. Owning the real estate is the 'Golden Ticket' when owning a restaurant. No landlord, no increase in rent and no conditions or restraints on your business operation. Nestled in Beautiful Arnold, Calaveras County in the Sierra foothills near many award-winning wineries and the neighboring towns of Murphy's, Angels Camp, Sonora, Jamestown & Arnold this beautiful restaurant, established in 2007 has a superb reputation with the locals and tourists alike. All the staff are in place with good revenues and provable cash-flow and available are all the books and records with verifiable financials. 16-18 long time employees enjoy the current business' short opening hours of 5pm - 9pm Wednesday - Sunday with no lunches and closed for 2 days per week. There are tremendous growth opportunities for a new owner to capitalize by offering lunch and/or 6/7-day operations. This would dearly suit a chef and partner with restaurant and culinary skills, get away from the urban Cities, live in beautiful Calaveras county and place their skills in their own restaurant, make their own strong presence known in the area and enjoy the fruits of their labor. Fully fitted kitchen with two Type 1 hoods both with fire suppressant systems, an 18-burner stove, salamander, deep fryer, broiler, convection ovens with refrigerated worktops and a walk-in. The dining room is most attractive with a bar and Type 41 beer and wine license plus attractive dining room seating and good sized outdoor patio with an ample parking lot. In all ½ an acre with a 1500 sq ft restaurant building. 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 full financial information & 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

  • OrganizationLLC
  • Established2007
  • Current Owner2007
  • Employees16-20
  • Reason For SaleOther Interests

Facilities

  • Seating60 + 30 Patio
  • Square Feet1500 + Patio + 21,000 sf Parking - Inc Real Estate
  • ParkingAmple
  • LicensesHealth, Business & ABC Type 41 Beer and Wine
  • Open HoursWednesday - Sunday 5pm - 9pm

Lease

  • RentReal Estate Included
  • ExpirationReal Estate Included
  • Yearly IncreaseReal Estate Included
  • OptionReal Estate Included
  • DepositReal Estate Included

Financials

  • Monthly Revenue$80,000
  • Monthly Cash Flow$21,500
  • Annual Revenue$911,598
  • Annual Cash Flow$258,000
  • Payroll$17,667

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.

Location