Business Overview:

Northern California Based Popular Gluten Free Vegan Restaurant SC2155

Financial Information
Asking Price: $275,000
Cash Flow: $80,000
Gross Revenue: $750,000
Down Payment: $275,000

This Northern California based Gluten Free Vegan Restaurant is a California Limited Liability Company and was formed 12 years ago and has been under the same ownership since inception. Their all natural plant-based (Vegan) menu is prepared with mostly organic ingredients and is naturally gluten free. Open 7 days a week, this restaurant has been featured on numerous television news casts due to the variety and uniqueness of the menu. All recipes come with the sale of the business. From soups and salads to hot and cold entrees, there is something for everyone at this popular restaurant located in an affluent community in Northern California. They also offer a wide variety of cold drinks, teas, and smoothies.

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Property Features and Assets:

Business Location
City: Rocklin
State: California

Detailed information
Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 1
Part-Time Employees: 11
Contractors: N/A
Owner Worked Hours/week: 30
Adjusted EBITDA: $30,000
Inventory Included: Yes
Inventory Value: $12,000
Monthly Rent: $4,496
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 2,410 square feet
FF&E Included?: Yes
FF&E Value: $100,000

Market Competition and Expansion:

The gluten free food market size surpassed $8.9 Billion in 2020 and is expected to grow at a CAGR of over 9.5% from 2021 to 2027 owing to increasing prevalence of celiac diseases and rising consumer concern towards their health and changing of eating habits of individuals has led towards healthy lifestyle and fueling demand for nutrient rich food and supplements.

Training/Support
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.

Reason for Selling:

The reason for selling is Seller would like to pursue other interests.

Additional Details:

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