Price Reduced $65,000 - Favorable Rent

Placerville, CA
El Dorado County

Asking Price: Annual Revenue:
$65,000 $732,719

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Price Reduced $65,000 - Favorable Rent Broker: Seller of Business
License #: 01310250

Quick Facts

Asking Price: $65,000
Annual Revenue: $732,719
Net Profit: Not Disclosed
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 #: 492911533
Broker Reference #: 3785

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Business Overview:

Price Reduced $65,000 - Favorable Rent - Attractive 2,800 sq ft Restaurant in Main St, Placerville.

RRC#: 3785
Price Reduced: Offered At $65,000
Location: 311 Main St, Placerville
Annual Revenue: $732,719
Annual Cash Flow: Contact For Info
Monthly Rent: $4,000 Including NNN

Listing Description:
Only $65,000 for this modern fully fitted restaurant which is a unique opportunity in these times to own and operate a highly reputed 'The Farm Table Restaurant' in Main Street Placerville for a mere fraction of the cost to build. The landlord wants to help a new tenant and will give preferential rent, especially for the first 6 months which will greatly assist a new operator. Originally a $350,000 fit out for a mere $65,000.

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Check out their 'Yelp' reviews. 4.5 stars from 323 reviews. Also, check out their 'Yelp' reviews. 4.5 stars from 323 reviews. No expense was spared on renovations, modernization for practical purposes while keeping the charm of this historical high street location. Sales have been increasing by $100,000 annually since 2015, in part due to the renovations but also the quality & style. Now complete with a charming interior, comfortable yet elegant setting in this historic downtown. A well known establishment in the local community as well as with many bay area followers traveling to and from South Lake Tahoe. A new owner could completely change the concept as $65,0000 buys you so much. A long lease term with low rent and a fully equipped kitchen & dining room with a prep area, walk-in refrigerator, 8 burner/2 oven/flat-top range, double convection oven, large mixer/grinder, blenders and food processors with a list too long to mention plus 49 seats and all the fully permitted renovations and decor in the dining room. The financials above and below are from 2019. To receive more information and discuss this opportunity with the broker please complete the ‘Non Disclosure Agreement’ on our website and we’ll send you the full financial information, lease & full list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Information:
Organization: Corporation
Established: 1995
Current Owner: 2015
Employees: 17
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $61,060
Annual Revenue: $732,719
Cash Flow: Contact For Info
Payroll: $22,817

Square Feet: 2828
Seating: 49
Hours: Mon - Sat 11am - 9pm
Parking: Parking Structure & Street

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Property Features and Assets:

Square Feet: 2,828; Seating: 49; Hours: Monday - Saturday 11am - 9pm; Parking: Parking Structure & Street.

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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