This is a Northern California based Full-Service Restaurant that was formed 7 years ago and has been under the same ownership since inception. Open 7 days a week, this restaurant’s menu offers inspirational breakfast/brunch, lunch, and dinner cuisine served in a trendy sophisticated interior setup and a large patio. They have a Type 41 liquor license serving beer and wine along with a full-service coffee program that rivals local coffee shops.
This is an asset sale only of the business. Included in the sale is all Furniture, Fixtures and Equipment, transfer of lease or new lease obtained, inventory at $0, Type 41 ABC license and employees under a new employment agreement with the Buyer. What Is not included is any recipes, customer lists, social media or email accounts. This is a perfect opportunity for a current restaurant owner to expand their footprint at an ideal location, or for an entrepreneur to get started with a restaurant location and employees for their own business.
CA 02100708
NV 1003039
Financial Information
$75,000
Asking Price
N/A
Cash Flow
N/A
Gross Revenue
$75,000
Down Payment
Business Location
City:
Sacramento
State:California
Reason for Sale
The reason for selling is Seller would like to focus on other existing businesses.
Detailed information
Year Established:2017
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 7
Part-Time Employees:19
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: Yes
Inventory Value:
$0
Monthly Rent:
$14,710
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 2700
FF&E Included?: Yes
FF&E Value: $100,000
Training/Support
The Seller is willing to provide training at 10 hours per week for 1 week for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.
Facilities
They currently operate out of a 2,700 square foot space with a base rent of $10,792 and CAM charges OF $3,918. The current lease is a 10-year lease with a 5-year option.
Market Outlook/Competition
The United States Full Service Restaurants Market is expected to grow from a $324.9 Billion market size in 2024 to $554.12 Billion sized market with a CAGR of 11.27%! The largest share by cuisine is North American.