Northern California Fine Dining Restaurant With Type 47 Liquor License - Absentee Owner! - SC2225

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Restaurants & Food Businesses for Sale

  • Primary Category: Bars & Miscellaneous Restaurants for Sale

This casual fine dining establishment is a Northern California Sub-Chapter S Corporation and has been in operation for the past 2 years under the founders. This “Gastrobar” has two revenue streams with lunch service and dinner service that runs until 2am in the morning with dining and a night bar setting. With an Asian focused theme, the elevate traditional flavors with modern twists, all served in a lively setting. The menus offer various specialized combination themes. Since inception, this dual revenue stream concept has had a tremendous social media presence and following. As an example, over 9,000 local followers on Instagram and over 225,000 organic views in the last 30 days. TikTok has over 238,000 total likes and multiple videos with over 1,000,000 views. Cuisines include Chinese, Japanese, Korean and Vietnamese. This business comes with a Type 47 liquor license.

Financial Information

  • $949,000 Asking Price
  • $270,000 Cash Flow
  • $1,100,000 Gross Revenue
  • $949,000 Down Payment
  • On request Adjusted EBITDA

Business Location

  • City: Northern California
  • State: California

Reason for Sale

  • The Seller is selling to pursue other interests.

Detailed information

  • Year Established: 2023
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 12
  • Part-Time Employees: 6
  • Contractors: N/A
  • Owner Worked Hours/w: 5
  • Inventory Included: Yes
  • Inventory Value: $7,000
  • Monthly Rent: $8,000
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 2700
  • FF&E Included?: Yes
  • FF&E Value: $250,000

Training/Support

  • The Seller is willing to provide training at 20 hours per week for 2 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.

Market Outlook/Competition

  • Asian cuisines are gaining popularity, driven by diverse consumer preferences, cultural exchange, and the increasing presence of Asian restaurants across the US. This growth is reflected in the rising popularity of Asian casual-dining chains and the overall expansion of the Asian food industry.A sian casual-dining chains are experiencing significant sales growth, with some averaging over 24% in 2023.
Business Listed by
image of Brett Sargent
Brett Sargent
Sunbelt of Sacramento
Email Brett
Show Phone Number
Listing ID
SACRACA002-57175
License Number
CA 02100708; NV 1003039

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