MORAGA, California
| Asking Price |
$349,000 |
Year Established |
1998 |
|
| Annual Revenue |
$970,141 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Steve Zimmerman |
|
| Annual Cash Flow |
$162,494 |
Listing Number |
992257 |
|
| # of Employees |
6 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Profitable Upscale Moraga Restaurant For Sale. SBA Pre-Approved for Owner Operator. Strong Goodwill & Great Lease!
RRC# 5023
Location: Moraga, Contra Costa County
Description:
This longstanding upscale dining restaurant in coveted Moraga is now for sale. The classic and fantastic restaurant concept has been serving the Moraga, Lafayette and other affluent East Bay communities for over two and a half decades. The business is operated by a chef owner and has always been profitable. The business has strong Seller Discretionary Earnings of ~$165k in 2024. The business has been pre-qualified by our preferred lender so that a qualified owner operator could qualify for an SBA loan to purchase this great concept and location.
This concept serves up refined and classic dishes from its fully equipped and well maintained kitchen. The restaurant also has a Full Bar that serves up cocktails, wines and much more. The space is ~3200sf and elegantly decorated. There are ~100 seats inside, 9 bar seats, and ~40 more seats available on an adjacent patio with heat lamps. The extensive equipment lists are a MUST-SEE, the full equipment lists can be provided upon request.
The complex where this restaurant resides is upscale and well maintained. The lease is fantastic and the tenant is currently paying $6425/month which is inclusive of NNNs, and one of the lowest rental rates in the area!
The owner will support a qualified buyer with detailed training on operations, recipes and more, to ensure they are set up for success.
Opportunities to buy profitable longstanding restaurant concepts in lovely Moraga don't come often so reach out now!!
Financial Information:
Monthly Revenue: $80,845
Monthly Cash Flow: $13,541
Annual Revenue: $970,141
Annual Cash Flow: $162,494
General Info:
Ownership: Inc
Established: 1998
Employees: 6+
Monthly Rent: $5,425 + $1,000nnns
Expiration: July 2033
Property Features and Assets:
<p>Facilities:</p><p>Square Feet: 3200 + Patio </p><p>Seating: ~100 Inside, ~40 Patio & ~10 Bar </p><p>Parking: Huge parking lot </p><p>Licenses: Type 47 Liquor License, Health & Business </p><p>Days/Hours of Operation: Serves LUNCH and Dinner, closed Sundays </p>
Market Competition and Expansion:
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity