Business For Sale

Established Restaurant Operates 14 Hours Week

Not Disclosed, CA
Marin County

Asking Price: Annual Revenue:
$395,000 $945,217

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established Restaurant Operates 14 Hours Week Broker: Steve Zimmerman

Quick Facts

Asking Price: $395,000
Annual Revenue: $945,217
Net Profit: Not Disclosed
Cash Flow: $299,700
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 278911533
Broker Reference #: 3111

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Business Overview:

Established Restaurant Operates 14 Hours Week; $945,000 Sales; $299,700 Profit; SBA Loan Approved

RRC#: 3111
Asking Price: Offered At $395,000
Location: Marin County
Annual Revenue: $945,217
Annual Cash Flow: $299,700
Monthly Rent: $6,656

Listing Description:
This business has been pre-approved for an SBA loan so with 20% cash down the bank will finance 80% of the purchase price. This established restaurant is in a high end demographic location and operates only for dinner five nights a week and is an excellent opportunity for an owner operator. There is upside for an additional two days of business plus lunch 5 days week and brunch on the weekends but for lifestyle reasons the owners have chosen the limited hours it operates. The restaurant has an excellent reputation and each years sales and profits have increased (15% growth two most recent years). The restaurant has a very charming intimate decor that has open airy feeling with a high ceiling, skylight, ceiling fans and a comfortable dining room including tables and chairs and banquette seating. There is also a good sized enclosed open patio with outdoor heaters which is used almost all year round. There is a also a full kitchen, storage room, liquor storage room and ADA bathrooms. Some of the equipment includes as follows: 9' type 1 hood with fire suppression system, 12 burners over 2 ovens, 3 -1 door undercounter refrigerators (1 with sandwich station), 3 -2 door undercounter refrigerators (1 with sandwich station + 1 with 3 taps), 2 -2 full door refrigerator, slicer, utility sink, counter mixer, 3 door undercounter refrigerator + sandwich station, 2 compartment sink, dishwashing sink + rinse hose, dishwasher, Robot Coupe, ice cream machine, 2 full door glass wine refrigerator, POS system, 3 coffee grinders, single unit coffee maker, 1 group espresso machine, ice machine, 5 employee lockers and 2 full door freezer, etc. A new long term lease is available to a qualified buyer.

General Information:
Organization: Sole Proprietorship
Established: 18 years
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $78,768
Monthly Cash Flow: $24,975
Annual Revenue: $945,217
Annual Cash Flow: $299,700
Payroll: Contact For Info
Monthly Revenue: $78,768
Monthly Cash Flow: $24,975

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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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