Gold Country 3.9 Acres with Operating Restaurant

Not Disclosed, CA
Nevada County

Nevada County - Gold Country


Asking Price: Annual Revenue:
$1,199,000 $799,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Gold Country 3.9 Acres with Operating Restaurant Broker: Bill Garcia
License #: 02056712/00426763

Quick Facts

Asking Price: $1,199,000
Annual Revenue: $799,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 17
BBN Listing #: 754135994
Broker Reference #: MNBA 2114

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Business Overview:

This is a family style restaurant located in Gold Country just outside of a large gated community. This location was opened in January 2007 by the current owner and serves family style casual food- pizzas, appetizers, burgers, salads, and sandwiches. The customers consist of local families and people from the surrounding area. As per the seller, 80% of the business is sales of salads, pizzas, sandwiches and pasta. The remaining 20% consists beer and wine which includes locally brewed beer. Business is generated through local newspaper, radio websites, Facebook advertising and word of mouth. The most effective marketing has been local newspaper and Facebook. The restaurant has 6 Full Time and 11 Part Time Employees. The business is semi absentee run. The restaurant is open Tuesday - Saturday from 11 am -9 pm. As per the seller, there is no competition within a 12-mile radius of the restaurant’s location. This opportunity can remain the same type or converted to new venue. Good opportunity to get out of the rat race and slow down to enjoy country living. There are several growth opportunities that the seller will discuss in person. The Seller is motivated and ready to retire. Seller will lease restaurant for up to 2 years for $6,000 per month if buyer wants to focus on property development.

HIGHLIGHTS

• Awarded prize for Best Value Meal in Nevada County for 6 years
• Custom bar for beer and wine
• This is the third location of group of restaurants
• Located near new commercial development and includes 3.9 acres


Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button to receive a confidentiality agreement and learn more about this opportunity.

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Property Features and Assets:

Business is located just outside the main Gate of a Large gated Community.

Market Competition and Expansion:

No real competition for 12 miles. Seller to discuss growth opportunities.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • 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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