SBA loan pre-approved - Easy to operate Profitable

Not Disclosed, CA
El Dorado County

Asking Price: Annual Revenue:
$235,000 $395,014

Food & Beverage: Restaurants, Fast Food, Deli

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RE: SBA loan pre-approved - Easy to operate Profitable Broker: Steve Zimmerman

Quick Facts

Asking Price: $235,000
Annual Revenue: $395,014
Net Profit: Not Disclosed
Cash Flow: $84,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 431911533
Broker Reference #: 3338

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Business Overview:

This business is SBA loan approved so for buyer’s with good credit and at least 5 years restaurant experience a 10 year 75% loan is available thereby buyers need only $58,000 down. The present owners have built a highly successful cafe/sandwich business in the past 6 years. The rent is extremely low at $1.50 per square feet and a new long term lease can be negotiated with the landlord. Easy daytime only hours at present, 7.30am – 2pm, so there is able scope to increase business especially in this booming tourist town. Highly visible location on the main blvd with good signage. The restaurant has 40 seats but also has a tremendous established ‘ToGo’ business. All the equipment is fully owned and there are no leased items. The kitchen has an 8ft type 1 hood with updated fire suppression system, large Garland flattop with double ovens, 4 burner stove with oven and wall mounted salamander plus refrigerated prep table and additional work surface. Ample storage and rear door delivery entrance. The nicely decorated dining room and well appointed server station with two 2 group Espresso machines and coffee grinders and large kitchen window allows for an efficient, streamline service. There are good books and records with verifiable financials available and all the staff are in place showing with good revenues and provable cash-flow. The owner will train the buyer to successfully operate this business so 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 & list of equipment included with the sale. We’ll also send you the Broker’s contact information so you can discuss this opportunity in more detail. RRC#: 3338

General Information:
Organization: LLC
Established: 1990
Current Owner: 2013
Employees: 9
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $32,918
Monthly Cash Flow: $7,000
Annual Revenue: $395,014
Annual Cash Flow: $84,000
Payroll: $11,432
Monthly Revenue: $32,918
Monthly Cash Flow: $7,000

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Additional Details:

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

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