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- RE: Popular Full-Service Restaurant In Northern California - SC2170
- Contact: Brett Sargent
Quick Facts
Asking Price: | $350,000 | |
Annual Revenue: | $1,750,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $120,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 7 | |
BBN Listing #: | SB-54724 | |
Broker Reference #: | SACRACA002-54724 |
Business Overview:
This Northern California based Full-Service Restaurant is a California Limited Liability Company and was formed 7 years ago and has been under the same ownership since inception. Open 7 days a week, this restaurant’s menu offers inspirational breakfast/brunch, lunch, and dinner cuisine served in a trendy sophisticated interior setup and a large patio. They have a Type 41 liquor license serving beer and wine along with a full-service coffee program that rivals local coffee shops. They have over a 4 Star rating on Yelp and almost 4.5 Stars on Google. With modernized design and a sought-after menu offering, this restaurant has quite the following!CA 02100708NV 1003039
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Property Features and Assets:
They currently operate out of a 2,700 square foot space with a base rent of $10,792 and CAM charges OF $3,918. The current lease is a 10-year lease with a 5-year option.
Market Competition and Expansion:
The United States Full Service Restaurants Market is expected to grow from a $324.9 Billion market size in 2024 to $554.12 Billion sized market with a CAGR of 11.27%! The largest share by cuisine is North American.
Reason for Selling:
The reason for selling is Seller would like to pursue other interests.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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