Highly Rated Ethnic Restaurant - SC2073
Restaurants & Food Businesses for Sale
- Primary Category: Other Restaurants for Sale
This is an excellent opportunity to acquire a restaurant space in the highly affluent El Dorado Hills area, where restaurant space is limited.
Currently, it is an ethnic restaurant that is a California Subchapter-S Corporation and was started 14 years ago and has been under current ownership since inception. The husband-and-wife custom designed the interior of the restaurant, with a custom-built bar, wine storage, etc. They are published cookbook authors and offer authentic cuisine from their native country in this upscale community in Northern California. They also serve beer and wine (Type 41 ABC License). They offer indoor and outdoor dining, and to go orders and work with Grubhub, DoorDash and other delivery services. This restaurant and location is perfect for a new type of cuisine or a continuation of the existing restaurant style.
A large portion of the business directly comes from word of mouth and repeat customers (considering the number of years they have been in business they have a large installed base of customers, and their high reputation in market), but they also have significant online reviews (58 Google Reviews at 4.8 stars) and market through their website. They are only operating at 3 days per week for dinner only, and business could significantly be increased by marketing much more extensively on social media as well as opening more days per week and serving lunch as well. This restaurant was open much more, but the owners decided to scale back and only serve dinners 3 days per week.
Broker: ProEquity Asset Management Corporation License ID: 01870526