Popular California Steakhouse Restaurant Chain

San Luis Obispo, CA
San Luis Obispo County

Central Coast & Central Valley California

Asking Price: Annual Revenue:
$4,500,000 $17,000,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular California Steakhouse Restaurant Chain Broker: Dan McGee

Quick Facts

Asking Price: $4,500,000
Annual Revenue: $17,000,000
Net Profit: $1,100,000
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 #: 309454653
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

4 corporate owned restaurants and 2 franchisee restaurants in California’s Central Valley and Central Coast; Great investment opportunity or supplement to an existing portfolio of franchised companies for an immediate presence and jump in growth in California; this particular popular steakhouse/saloon that has been enjoyed by patrons for many year with brand recognition; the restaurant chain is part of a franchise company with a large repertoire of branded restaurants throughout California. The steakhouse opportunity is being carved out to provide a unique opportunity with all of the foundational items in place. Annual brand revenue is in excess of $17m. EBITDA revenue for the franchise company and 4 corporate-owned restaurants exceed $1m. This opportunity is in the sweet spot for investors to consider.

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Property Features and Assets:

6 California locations.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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