Just Listed! A Gem in The Sierra Mountains!

Quincy, CA (Plumas County)

Just Listed!  A Gem in The Sierra Mountains!
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Asking Price: $175,000

Cash Flow: $75,000

Gross Revenue: $400,000

EBITDA: $58,000

FF&E: $30,000

Inventory: $2,500

Rent: $2,700 /Month

Established: 1938

Just Listed! A Gem in The Sierra Mountains!

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Business Description

This restaurant is well established in Quincy for more than 70 years. It is located in the heart of the core downtown of this quaint sierra mountain town of Quincy, CA.
The restaurant business assets are for sale and the seller will provide a long term lease to the new operator at a fair market rate.

Detailed Information

Location:
Quincy, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2200 square ft. in the restaurant with private dining for events. A large outdoor patio with seating for up to 50. Upstairs area over the restaurant has approx 800 sq. ft. with one bedroom, one bath and laundry area.
Competition:
Core downtown location on Highway 70.
Growth & Expansion:
Events, Catering , take out are all areas to consider epanding.
Financing:
Seller owns the building and will lease to new operator
Support & Training:
Seller will train for up to two weeks and 30 hrs per week.
Reason for Selling:
Other Business Interests
Business Website:
http://www.moons-restaurant.com
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(from currently available funds)
 
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Mark Smith

Business Listed By:
Mark Smith

Summit Business Advisors

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