Seller's Contact Information
- RE: Downtown Redwood City Teahouse With $134,00 Profit
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
| Asking Price: | $895,000 | |
| Annual Revenue: | $911,598 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $258,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2007 | |
| Employees: | 20 | |
| BBN Listing #: | 912211533 | |
| Broker Reference #: | 3970 |
Business Overview:
Sarafina's Italian Kitchen - SBA Loan Approved - Real Estate included – Profit $258,000 - Arnold CA
RRC#: 3970
Asking Price: $895,000
Location: 794 Hwy 4, Arnold California 95223
Annual Revenue: $911,598
Annual Cash Flow: $258,000
Monthly Rent: Real Estate Included
Listing Description:
Established in 2007 Sarafina's Italian Kitchen is busy every evening. Open 5 days a week from 5pm - 9pm Wednesday - Sunday only. The Real Estate is Included and there is an SBA loan pre-approved for a long term 25-year loan with just 10% down. Annual sales revenue of 912,000 and Seller’s Discretionary Cash-Flow of $258,000. Owning the real estate is the ‘Golden Ticket’ when owning a restaurant. No landlord, no increase in rent and no conditions or restraints on your business operation.
Nestled in Beautiful Arnold, Calaveras County in the Sierra foothills near many award-winning wineries and the neighboring towns of Murphy’s, Angels Camp, Sonora, Jamestown & Arnold this beautiful restaurant, established in 2007 has a superb reputation with the locals and tourists alike. All the staff are in place with good revenues and provable cash-flow and available are all the books and records with verifiable financials. 16-18 long time employees enjoy the current business' short opening hours of 5pm – 9pm Wednesday – Sunday with no lunches and closed for 2 days per week. There are tremendous growth opportunities for a new owner to capitalize by offering lunch and/or 6/7-day operations.
This would dearly suit a chef and partner with restaurant and culinary skills, get away from the urban Cities, live in beautiful Calaveras county and place their skills in their own restaurant, make their own strong presence known in the area and enjoy the fruits of their labor. Fully fitted kitchen with two Type 1 hoods both with fire suppressant systems, an 18-burner stove, salamander, deep fryer, broiler, convection ovens with refrigerated worktops and a walk-in. The dining room is most attractive with a bar and Type 41 beer and wine license plus attractive dining room seating and good sized outdoor patio with an ample parking lot. In all ½ an acre with a 1,500 square feet restaurant building.
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 full financial information & 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: 2007
Current Owner: 2007
Employees: 16-20
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: $80,000
Monthly Cash Flow: $21,500
Annual Revenue: $911,598
Annual Cash Flow: $258,000
Monthly Payroll: $17,667
Facilities:
Square Feet: 1,500 Patio 21,000 square feet Parking - Inc Real Estate
Seating: 60 30 Patio
Parking: Ample
Days/Hours of Operation: Wednesday - Sunday 5pm - 9pm
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: 1,500 Patio 21,000 square feet Parking - Inc Real Estate Seating: 60 30 Patio Parking: Ample
Reason for Selling:
Other Interests.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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