Real Estate Included & SBA Pre-Approved

Not Disclosed, CA
Merced County

Asking Price: Annual Revenue:
$1,950,000 $1,830,871

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Real Estate Included & SBA Pre-Approved Broker: Steve Zimmerman

Quick Facts

Asking Price: $1,950,000
Annual Revenue: $1,830,871
Net Profit: Not Disclosed
Cash Flow: $401,892
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 982711533
Broker Reference #: 3318

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Business Overview:

$1,950 Million To Include Real Estate - 7,350 Sq Ft Bar, Restaurant - Central Valley University City

RRC#: 3589
Asking Price: Offered At $1,950,000
Location: Merced County
Annual Revenue: $1,830,871
Annual Cash Flow: $401,892
Monthly Rent: Real Estate Included

Listing Description:
$1,950,000 to include the real estate for this bar and restaurant with provable financials. $1.8 million in annual sales with over $400,000 in profit which has also been pre-approved for a SBA long term 25 year loan. Absolutely Turn Key bar & restaurant with banquet rooms located on the main thoroughfare in one of the Northern California’s Central Valley’s booming University cities. The Seller/Landlord will lease just the business and even give the first 3-6 months rent free for the right operator. (See Listing #3588 for full details for leasing the business only.) The recently renovated bar seats 40 with 12 additional barstool seating, the bistro restaurant seats 50, featuring brick exposed walls and a focal point double Pizza oven show kitchen. There are 2 banquet room for 60 each which are in high demand, a total capacity for 200. The bar has an ABC type 47 hard liquor license which is included with the sale. The large kitchen is fully equipped with it’s 12ft type 1 hood with fire suppression system, complete Saute, Broil & Fry line and fresh homemade bread prep area with ample work tables and refrigerated worktops plus a large walk-in cooler. The additional overflow dining room and banquet rooms were remodeled in 2019 and the whole place shows extremely well. The current owner is passionate about fresh food and has designed the kitchen to suit a quality menu. This would suit a semi-absentee owner or a working family owner to enjoy the nearly $2 million annual sales and $400,000 in Sellers Discretionary Earnings for the sale price of $1,950,000 including the real estate. The owner may carry a position of the sale to well qualified, experienced buyer’s with good financials and credit. To receive more information and discuss this opportunity with the broker 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 & full 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: Inc
Established: 1880
Current Owner: 1995
Employees: 32
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $152,572
Monthly Cash Flow: $33,491
Annual Revenue: $1,830,871
Annual Cash Flow: $401,892
Payroll: $51,830
Monthly Revenue: $152,572
Monthly Cash Flow: $33,491

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.

Additional Details:

  • The property is owned.
  • The owner is not 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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