High Profit Specialty Restaurant - CA

Not Disclosed, CA


Asking Price: Annual Revenue:
$500,000 $877,974

Food & Beverage: Restaurants, Fast Food, Deli


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RE: High Profit Specialty Restaurant - CA Broker: John Lastra
Owner Financing is Available!
The business to include all furniture, fixtures, and equipment, $11,000.00 of inventory, recipes, tradename, covenant not to compete, and training is offered for sale for $500,000.00. It is anticipated that the seller will finance 10% of the sales price and that SBA guaranteed bank financing would be available with a buyer down payment of approximately $75,000.00.

Quick Facts

Asking Price: $500,000
Annual Revenue: $877,974
Net Profit: Not Disclosed
Cash Flow: $218,035
Total Debt: Not Disclosed
FF&E: $175,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 99652818
Broker Reference #: Not Disclosed

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Business Overview:

Located in New Mexico, the restaurant has built a reputation for the best Mediterranean and Persian food and not only provides the highest quality food but it also treats guests to an exquisite middle eastern setting. The 140 seat restaurant with a custom middle eastern design affords a beautiful dining experience, open for lunch and dinner six days per week. The flavorful dining experience coupled with the unique Persian and Mediterranean atmosphere is further enhanced by live music. Additionally, the restaurant has an enclosed outdoor patio seating area for thirty.
The business to include all furniture, fixtures, and equipment, $11,000.00 of inventory, recipes, tradename, covenant not to compete, and training is offered for sale for $500,000.00. It is anticipated that the seller will finance 10% of the sales price and that SBA guaranteed bank financing would be available with a buyer down payment of approximately $75,000.00.

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Reason for Selling:

Retiring

Additional Details:

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

Relevant Links:

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