Relaxed Restaurant by the Lake

Not Disclosed, CA
San Diego County

Asking Price: Annual Revenue:
$19,000 $200,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Relaxed Restaurant by the Lake Broker: Seller of Business

Quick Facts

Asking Price: $19,000
Annual Revenue: $200,000
Net Profit: $12,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 331511533
Broker Reference #: 3477

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Business Overview:

Relaxed Restaurant by the Lake

RRC#: 3477
Asking Price: Offered At $19,000
Location: 25484 Lake Wohlford Road Escondido, CA
Annual Revenue: $200,000
Annual Cash Flow: $12,000
Monthly Rent: $1,835

Listing Description:
Ready to own a pleasant and laid back Cafe by a beautiful destination lake? Then this is for you! Established in 1947 the Lake Wohlford cafe has been a fixture for locals and tourists on their way to Bates Nut Farm, fishing and recreation at the lake, and motorcycle clubs out for a ride through the scenic hills of eastern San Diego County. Removed from the hustle and bustle of the city but close enough to draw clients from downtown Escondido and Valley Center. Restaurant is nestled across the street from Lake Wohlford. Seats 15 at the Oak bar (beer and wine) and approximately 60 in the dining room. Strong and loyal existing clientele with lots of room for growth. Menu and decor need updating but otherwise an inexpensive way to start living your dream of restaurant ownership. Current hours leave plenty of time for a family life or gives room to grow the business further. Current owner has an illness in the family and needs to dedicate her time there. Priced to sell!

General Information:
Organization: Sole Proprietorship
Established: 1947
Current Owner: 2006
Employees: 7
Reason For Sale: Retirement
Financial Information:

Monthly Revenue: $17,000
Monthly Cash Flow: $1,000
Annual Revenue: $200,000
Annual Cash Flow: $12,000
Payroll: $5,000
Monthly Revenue: $17,000
Monthly Cash Flow: $1,000

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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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