Business Overview:
Established Restaurant, $981,425 sales; $89,856 Profit with Take Out & Delivery Sales Only
RRC#: 4123
Asking Price: $99,000
Location: Livermore
Annual Revenue: $981,425
Annual Cash Flow: $89,855
Monthly Rent: $12,539 all inclusive
Expiration: Negotiable
Listing Description:
Amazing location located one one of the busiest corners in Livermore.
Original owners, over 17 years in business at this location with a strong track record of sales and profits (detailed below) with tons of goodwill.
All sales in 2020 and 2021 are take out and delivery sales only.
After Covid operators can convert back to a full service restaurant if they wish as the restaurant is fully equipped per the description below,
A well designed restaurant with a contemporary look with an open airy feeling and a large private outdoor seating area in a highly visible area off a major thoroughfare. There is a comfortable dining room with a combination of tables and chairs and banquette seating and a wine bar. There is a full kitchen and prep kitchen and some of the equipment includes as follows: 14' type 1 hood with fire suppression system, rotary pizza oven, 2 - 6 burner units, double basket fryer, 3' char grill, 2' cheese-melter, 2 - 2 compartment pasta cooker, 4 compartment steam table, 2 hand sinks, 6 - 2 door under-counter refrigerators (2 with sandwich stations, 1 with 6 taps), 1 door under-counter freezer, full door freezer, 2 glass door under-counter refrigerator, soup warmer, 8 compartment soda dispenser, dishwasher, prep sink, 3 compartment sink with rinse hose, ice machine, walk-in refrigerator, walk-in freezer, mop sink, 6 employee lockers, 2 large screen TV's, and POS system, etc. There is also a storage area, office, 2 ADA restrooms.
The past sales and profit history for the restaurant has been as follows: 2019 sales - $1,197,863, 2019 profit - $141,217; 2020 sales - $1,015,927, 2020 profit - $176,438; 2021 projected sales and profit based on Jan-Sep 2021 Profit & Loss Statement. In 2021 the owners pivoted from a full service restaurant to take out and delivery and consequently here are the results: - $$981,425 sales and $89,855 profit.
General Information:
Organization: Corporation
Year Established: 20 years
Employees: Contact for Info
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: $81,785
Monthly Cash Flow: $7,488
Annual Revenue: $981,425
Annual Cash Flow: $89,855
Annual Payroll: Contact For Info
Facilities:
Square Feet: 2,498 + large outdoor seating area
Seating: 85 inside + 30+ outside seating area
Parking: Parking lot
Days/Hours of Operation: Contact for Info
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Property Features and Assets:
Square Feet: 2,498 + large outdoor seating area;
Seating: 85 inside + 30+ outside seating area;
Parking: Parking lot.
Reason for Selling:
Other Interests
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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