Primary Category:Bars & Miscellaneous Restaurants for Sale
This Northern California European Specialty Restaurant is a California Limited Liability Company and was started 13 years ago by the current owner, and has been popular and growing ever since. They are open from 8 am to 3 pm 6 days per week closed on Tuesday’s. They offer in-house full-service dining, along with catering services and private events as well. They have a Type 41 ABC license, serving beer and wine. They offer European flavors along with traditional fare. From Crab Cake Benedict, Jagerschnitzel, Crepes, Goulash, Paprikash to Burritos, Burgers, and Pasta. They are known for their carefully crafted European delicacies served in the warmth of a traditional European café. They boast a 4.3-star rating on Yelp with over 400 reviews. They serve breakfast, brunch, and lunch. They service approximately 30,000 customers per year. With 13 years of established operations, they have a strong reputation, loyal customer base, and a significant amount of repeat business.
Financial Information
$350,000
Asking Price
$200,000
Cash Flow
$600,000
Gross Revenue
$350,000
Down Payment
$200,000
Adjusted EBITDA
Business Location
City:
Northern California
State:California
Reason for Sale
The reason the Seller is selling is to retire.
Detailed information
Year Established:2013
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 2
Part-Time Employees:4
Contractors:N/A
Owner Worked Hours/w:30
Inventory Included: Yes
Inventory Value:
$7,500
Monthly Rent:
$3,750
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 1850
FF&E Included?: Yes
FF&E Value: $50,000
Training/Support
The Seller is willing to provide training at 20 hours per week for 4 weeks for the new Owner. Additional training may be provided at mutually agreed-upon terms between the Buyer and the Seller.
Market Outlook/Competition
Casual dining restaurants hold a staggering 72% market share in the Full-Service Restaurants Market due to their broader cuisine choices, diverse menus, and greater accessibility. These establishments cater to a wide range of tastes, offering everything from comfort food to international cuisine, making them appeal to diverse customer preferences. The North America Full-Service Restaurants (FSR) Market is expected to grow at a 2.5% CAGR during the forecast period 2025 to 2032.