Elegant Bar/Restaurant - Sacramento/Davis Metro

Davis, CA
Yolo County


Asking Price: Annual Revenue:
$295,000 $850,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Elegant Bar/Restaurant - Sacramento/Davis Metro Broker: Seller of Business
License #: 01310250

Quick Facts

Asking Price: $295,000
Annual Revenue: $850,000
Net Profit: Not Disclosed
Cash Flow: $206,118
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 9
BBN Listing #: 879211533
Broker Reference #: 3987

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Business Overview:

RRC#: 3987
Asking Price: $295,000
Location: Davis, California
Annual Revenue: $850,000
Annual Cash Flow: $206,118
Monthly Rent: $4,500 Inclusive of NNN

Listing Description:
In business since 2013 with an Asking Price of $295,000 for this first class business opportunity making profits in 2019 of $206,000 annually and now on track to recover to same level of business in 2021. Financials below are for 2019. No cost has been spared on this first class Bar & Dinner House with a ABC Type 47 Hard Liquor License. Truly an upscale, turn-key operation which is also pre-approved for a long term SBA loan for up to 80% of the purchase price. Currently only open 6 evenings a week, so there is a huge opportunity to grow the business by opening Saturday and Sunday Brunch and still enjoy Monday closed and every weekday. Located in an upscale city just outside of Sacramento with an appealing front patio seating 35 and an immaculate dining room for 72 inside & a private room for 25 and 8 barstools. 18 Craft beers on tap using two Glycol systems for the beer stored in a rear walk-in. The tables, chairs & place settings are all beautifully laid out along with a craft wood back bar and a hardwood floor throughout. The front line Kitchen has a 12ft Type 1 hood with fire suppression system, 6 burner with oven, flattop, broiler, deep fryer, salamander, refrigerated under counter protein storage and 2 refrigerated worktops plus steam tables. The rear prep kitchen has a 6ft Type 1 hood with fire suppression system with 6 burner stove with oven and deep fryer. Four 6ft stainless steel prep tables with many upright fridges, large food mixer & high temp dishwasher. So much rear storage for dry goods and large ice machine, office and a veg prep room for handmade french fries etc. If it's an easy handover you are looking for with no more investment required you won't find a better restaurant opportunity. 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: 2000
Current Owner: 2013
Employees: 9
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $70,833
Monthly Cash Flow: $17,177
Annual Revenue: $850,000
Annual Cash Flow: $206,118
Monthly Payroll: $23,747

Facilities:
Square Feet: 1709 + 444 Front Patio
Seating: 72 + 35 Patio
Parking: Street
Days/Hours of Operation: 4.30pm - 9.00pm Tuesday-Sunday. Closed Monday

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: 1,709 + 444 Front Patio; Seating: 72 + 35 Patio; Parking: Street.

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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