Nostalgic Restaurant and Bar

Not Disclosed, CA
Stanislaus County


Asking Price: Annual Revenue:
$672,000 $1,621,330

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Nostalgic Restaurant and Bar Broker: Andrew Dean

Quick Facts

Asking Price: $672,000
Annual Revenue: $1,621,330
Net Profit: Not Disclosed
Cash Flow: $325,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1980
Employees: 25
BBN Listing #: 787156818
Broker Reference #: 16754-274297

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Business Overview:

This traditional American style restaurant is one of the more well-known diners in Modesto CA and has been a fixture in the area for decades. It enjoys a strong, loyal clientele, and a fantastic location on a major Modesto street with heavy traffic flow. Restaurant has a strong cash flow and has not hit the ceiling of it's revenue potential. There are many loyal patrons that consider this a home away from home and a great place to regularly congregate. The attached bar and lounge offers an independent revenue stream with a friendly knowledgeable staff entertaining special events and weekly karaoke fun for friendly gatherings.

With a spacious back room for group events, this restaurant has built a clientele of businesses and groups that book this area well in advance to host their gatherings for whatever the occasion may be. The current owner has an incredible 122 group events already scheduled for the 2019 calendar year, and is continuing to fill events for the rest of the calendar.

The restaurant went through a $100K internal renovation in 2018, giving it a wonderful new feel to the atmosphere. The interior has undergone a complete face-lift, and the landlord has initiated a three-million dollar modernization project for the center. Restaurant capacity is 200 concurrent guests with an additional capacity of 49 in the bar and lounge.

The reason for selling is due to the commute. The owner feels that they live too far away to be conducive to a quality family life. This turnkey business is a fantastic opportunity, and all that is needed is you.

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.

Reason for Selling:

Commute too far.

Additional Details:

  • The property is leased.
  • 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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