Award Winning Northern Californian Lounge Restaurant In Fast Growing City - SC2212

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Restaurants & Food Businesses for Sale

  • Primary Category: Bars, Pubs & Taverns for Sale

This Northern California based Lounge Restaurant is a Californian Sub-Chapter S Corporation and was formed 1 year ago under the founding leadership. Open 5 days a week and located downtown in a vibrant fast growing Northern California city, this business thrives by providing beer, wine, and an amazing curtailed menu of soups, salads, starter, paninis and flatbreads. They offer live music once per week and are a kid and dog friendly environment. This location is BRAND NEW…only in operation for just under 1 year. They have a Type 41 ABC Liquor License with seating of 55 seats (maximum 75).

Financial Information

  • $321,000 Asking Price
  • On request Cash Flow
  • $375,000 Gross Revenue
  • $321,000 Down Payment

Business Location

  • City: Northern California
  • State: California

Reason for Sale

  • The reason for selling is Seller would like to pursue other interests.

Detailed information

  • Year Established: 2024
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Part-Time Employees: 5
  • Contractors: N/A
  • Owner Worked Hours/w: 30
  • Adjusted EBITDA: On request
  • Inventory Included: Yes
  • Inventory Value: $6,000
  • Monthly Rent: $3,553
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 1600
  • FF&E Included?: Yes
  • FF&E Value: $100,000

Training/Support

  • The Seller is willing to provide training at 30 hours per week for 2 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.

Market Outlook/Competition

  • The U.S. wine market size was estimated at $81.33 Billion in 2023 and is expected to expand at a CAGR of 5.4% from 2024 to 2030. Wine sales have surged across the U.S. owing to innovation in its flavor, color, and packaging. Beyond the classic wines, niche markets and emerging wine regions are gaining prominence.
Business Listed by
image of Brett Sargent
Brett Sargent
Sunbelt of Sacramento
Email Brett
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Listing ID
SACRACA002-56540
License Number
CA 02100708; NV 1003039

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