Iconic Bakersfield Restaurant & Caterer, with Two Locations

Bakersfield, CA (Kern County)

Restaurant & Catering
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Asking Price: $235,000

Cash Flow: $133,719

Gross Revenue: $1,304,749

EBITDA: N/A

FF&E: $100,000

Inventory: N/A

Established: 1984

Iconic Bakersfield Restaurant & Caterer, with Two Locations

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Business Description

An iconic and profitable business with two locations and three decades of history. Over $1million in annual sales and 10% net profit margins. Reduced lease by $200/ month in one location, new flooring in the other. Management in place. If you’ve ever dreamed of owning a profitable and popular restaurant, here’s your chance.

Detailed Information

Location:
Bakersfield, CA
Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two Leased Locations
Financing:
SBA Lending Candidate
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
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Contact the Seller

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John Willingham, CBI, CCIM

Business Listed By:
John Willingham, CBI, CCIM, DRE #556588

Sunbelt Business Advisors

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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