Price Reduced - Profitable - Large Bar/Rest

Not Disclosed, CA
Placer County

Asking Price: Annual Revenue:
$270,000 $170,350

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Price Reduced - Profitable - Large Bar/Rest Broker: Seller of Business
License #: 01310250

Quick Facts

Asking Price: $270,000
Annual Revenue: $170,350
Net Profit: Not Disclosed
Cash Flow: $140,025
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 32
BBN Listing #: 943511533
Broker Reference #: 3811

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Business Overview:

Price Reduced - Profitable - Large Bar/Rest With ABC Type 47 Hard Liquor License - Placer County

RRC#: 3811
Asking Price: Offered At $270,000
Location: Placer County
Annual Revenue: $170,350
Annual Cash Flow: $140,025
Monthly Rent: $21,000 Inc NNN

Listing Description:
Revenues have increased during Covid and Annual Sales Revenues of $2 million are now budgeted in 2020. Pre-approved for a long term SBA loan at preferential interest rates with 15-20% down for experienced operators with good financials. This modern gastropub has great food, a cool atmosphere and is loaded with craft beers. Menu items range from burgers, entrees, 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 amongst one of the best Restaurant Row areas with a Large outdoor Patio & excellent free parking capacity. Monthly rent is $13,500 plus NNN at $7,000 which includes, water/sewer, trash removal, parking lot restaurant grease trap emptying & cleaning & property tax and 6 years plus two 5 year options remaining on the lease giving ample tenure to enjoy future success. Annual sales in excess of $2 million with 2019 profits of $140,000, priced at $270,000. This 5,500 sq ft bar and restaurant has so much growth potential to be even more successful which is ‘Turn Key’ ready. 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. The vast list of equipment included with the sale is amazing and would make the most seasoned operator salivate. 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 & full 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
Established: 2010
Current Owner: 2016
Employees: 32
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $14,196
Monthly Cash Flow: $11,669
Annual Revenue: $170,350
Annual Cash Flow: $140,025
Payroll: $51,780

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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.

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