Price Reduced - $500,000 Annual Profit - Bar/Rest

Not Disclosed, CA
Placer County

Sacramento Metro Area north/east


Asking Price: Annual Revenue:
$895,000 $3,022,215

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Price Reduced - $500,000 Annual Profit - Bar/Rest Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $895,000
Annual Revenue: $3,022,215
Net Profit: Not Disclosed
Cash Flow: $493,442
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 40
BBN Listing #: 154011533
Broker Reference #: 4147

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Business Overview:

Price Reduced - $500,000 Annual Profit - Bar/Rest - ABC Type 47 Hard Liquor License - Placer County

RRC#: 4147
Asking Price: $895,000
Location: Sacramento Metro Area north/east
Annual Revenue: $3,022,215
Annual Cash Flow: $49,3442
Monthly Rent: $21,000 Inc NNN
Expiration: 2026 plus 5 year Option

Listing Description:
Price is reduced to $895,000 for this Bar/Restaurant which is Pre-approved for a 10-year SBA loan with only 15% down to experienced operators with good credit. Growth is outstanding with 2021 Sales Revenues of $3 million and 2022 is on a similar track. There is also an experienced management and chef couple currently employed who'd dearly love to be in a minority partnership with the new owner and pay for % ownership which would be a tremendous asset and alleviate the stress of Kitchen and Front of House needs. This modern gastropub has great food, a cool atmosphere and is loaded with craft beers and full hard liquor license. Menu items range from steaks, burgers, salds, and numerous small plates. 16 Local draught beers with rotating taps so there is always something new to try. As a bonus this bar and restaurant has a ABC type 47 license with a full bar serving craft cocktails.

Located in a great Restaurant Row area with a Large outdoor Patio & an excellent amount of free parking capacity. Monthly rent is $21,000 including NNN which includes, water/sewer, trash removal, external grease trap emptying & cleaning & property tax and 4 years plus a 5 year option remaining on the lease giving ample tenure to enjoy future success. 2021 Annual sales in excess of $3 million with profits of $493,000, was priced to sell at $995,000, now $895,000. 5,500 sq ft 'Turn Key' operation with so much growth potential to be even more successful. A modern kitchen which includes a 25ft Type 1 hood with fire suppression system, two 6 burner stoves with ovens, large broiler, 3 deep fryers, salamander, convection oven with refrigerated worktops. Walk-in and upright refrigeration with floor standing mixer and a full complement of small equipment. The bar/restaurant has a real craft beer, re-claimed wood feel with seating for 120 in a combination of high tops, booths and regular tables with a further 12 bar stools and a further 40 on the outdoor patio. Many wall mounted TV’s for that sports bar feel. There is a vast list of equipment included with the sale.

To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.


General Information:
Organization: LLC
Year Established: 2010
Employees: 40
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $251,851
Monthly Cash Flow: $41,120
Annual Revenue: $3,022,215
Annual Cash Flow: $493,442
Annual Payroll: $1,002,232

Facilities:
Square Feet: 5,500
Seating: 132 Plus Patio
Parking: 100+
Days/Hours of Operation: Tuesday 11:30 am - 9:00 pm Wednesday 11:30 am - 9:00 pm Thursday 11:30 am - 9:00 pm Friday 11:30 am - 10:00 pm Saturday 10:30 am - 10:00 pm Sunday 10:30 am - 8:00 pm.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Square Feet: 5,500; Seating: 132 Plus Patio; Parking: 100+

Reason for Selling:

Other Interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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