Mr. Atchison has financial, sales/marketing and general management skills. Joe's last position in corporate America was as the President/CEO of a manufacturing company in Irvine, CA for 11 years. In that role he focused the company's efforts on new product development (five patents issued), manufacturing efficiencies (gross margins increased from 23% to 52%) quality (achieved ISO9001 and QS9000 certifications), and a strong emphasis on sales, marketing and customer service resulting in double digit sales growth. Prior to that he was the Chief Financial Officer of two publicly traded companies.
During his corporate career, Mr. Atchison was successful in selling a number of divisions, subsidiaries and stand alone businesses. These successes motivated Joe to start his Sunbelt Business Brokers office. Mr. Atchison is also President of Atchison Advisory, Inc., which provides operational improvement consulting to under-performing companies in an effort to help them achieve their potential and thus be able to sell sooner and at a better price and more favorable terms.
Mr. Atchison is a Certified Business Intermediary (International Business Brokers Association), a Certified Business Broker (California Business Brokers Association), a Certified Middle Market Business Intermediary and is a Certified Public Accountant - inactive (State of California). His education includes a bachelors of science in accounting and a Masters in Business Administration - Finance.
Joe serves on the Forms Committee of the California Association of Business Brokers. Mr. Atchison is the Treasurer and a Board member of Project: Steps to Christ, Inc. – a non-profit company based in New York that distributes Christian books to homes in North America..
Arroyo Grande, CA
Unlimited potential for the right buyer. Excellent location in the "Historic Village of Arroyo Grande" Well established business with plenty of "walk-ins", located in the heart of Old Town.
THE 411: Set in an intimate and elegant atmosphere, yet casual enough not to be a stuffy place because the staff, who is well trained, knows how to make you feel special and important, this restaurant opened to both strong reviews on Yelp and local magazines as well local media with sales averaging $125,000 for the first four months of its life. It is known for spectacular service and absolutely wonderfully creative American style cuisine at an affordable price.
And now the owner is leaving the state to build more of these concepts in Arizona, Colorado and Texas and he must sell it (them) immediately.
Located in a popular Hwy 101 beach community, this restaurant has been operating only 6 months and in the first 4 months sales were nearly $500,000 and that's before the holiday sales number's are reported. And in that same four month period, the working owner's cash flow was inexcess of $115,000! This is a good money maker.
BUILDING: There is 3,000 Sq. Ft. with seating for about 100 and an enclosed patio area seating about 12 customers. The building is completely renovated and is quite beautiful on a corner location in the heart of the downtown area with heavy traffic driving by the restaurant each day. The kitchen has about a 16ft hood system with Stove, Grills, Friers, oven...etc.
There is a bar area seating perhaps a dozen partrons and the restaurant serves wine and craft beers.
This is a turn-key operation with a general manager ans chef in place. The owners spend little time in the restaurant.
FINANCIALS: The first four months of operations has sales of nearly $500,000 and an owner's cash flow (no general manager) of about $115,000. That's an annual cash flow in the neighborhood of $345,000 annualized.
This is the second location for this brand, so it's not new. The first location is also for sale with sales in the $1.2 million range in 2014.
There is no financing for this locaiton as it has been open only for 6 months unless you own other restaurants and have good tax returns as well as good credit and at least 20% down.
Please go to SellingRestaurants dot com to get the name and location.
Arroyo Grande (CPA), CA
Thank you for signing up for the BizBuySell bulletin.
Sign up for the BizBuySell Bulletin and get advice on:
You can opt out of the BizBuySell Bulletin at any time.
Get free alerts via email when new businesses are listed matching your California Businesses search criteria.
Reveal hidden alerts and unlock advanced features on search results and detail pages to help you find the perfect business.
Premium Members also get valuable insight into the buying process via our
video series, access to our advanced
business search agent, and more!