Business For Sale

Beautiful Well-Known Restaurant/Bar

Not Disclosed, CA
Stanislaus County

Asking Price: Annual Revenue:
$780,000 $1,621,330

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Beautiful Well-Known Restaurant/Bar Broker: Paul Blumberg

Quick Facts

Asking Price: $780,000
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: 31
BBN Listing #: 787156818
Broker Reference #: 16754-274297

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Business Overview:

This very well-known restaurant has been a fixture in the area for almost 40 years. It enjoys a strong, loyal clientele, and a fantastic location on a major Modesto street with heavy traffic flow. Restaurant is a 24-hour operation with strong positive cash flow and community image. There are many loyal patrons that consider this a home away from home and a great place to regularly congregate. All the delicious menu options, including seniors only cuisine, are offered anytime day or night. 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.

The restaurant has a long-standing clientele and is a favorite meeting place for groups needing space that will support large meetings. The current owner has an incredible 122 group events already scheduled for the 2019 calendar year.

The staff includes three chefs with over 20 years at the restaurant, plus a seasoned (10+ year) front of house staff with similarly tenured lounge staff. All current staff will remain in place with the exception of the current owner.

The fully renovated dining experience includes a state of the art monitoring system, allowing all aspects of the operation to be visible from the management office. The interior has undergone a complete facelift, and the landlord has initiated a 3-million-dollar modernization project for the center. Restaurant capacity is 200 concurrent guests with an additional capacity of 49 in the bar and lounge.

This is a turnkey opportunity with everything in place to continue a great tradition and a chance to benefit from the owner’s retirement. All that is needed is you. Own that special place you have always wanted and keep the success going.

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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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