Popular Taphouse and Restaurant in Santa Cruz

Santa Cruz, CA (Santa Cruz County)

Popular Taphouse and Restaurant in Santa Cruz
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Asking Price: $399,999

Cash Flow: N/A

Gross Revenue: $1,473,708

EBITDA: N/A

FF&E: N/A

Inventory: $142,234*

Established: N/A

*not included in asking price.

Popular Taphouse and Restaurant in Santa Cruz

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Business Description

This established and successful restaurant and taphouse is a sought-out destination for Santa Cruz locals and visitors alike. Leasehold Improvements, Furniture Fixtures & Equipment valued at $142,234. Indoor/Outdoor seating. Full kitchen with large-capacity hood/Ansul system and grease trap. Existing Type 41 ABC License for on-site Beer & Wine sales, and Entertainment Permit for amplified music.Gross Sales $1,473,708 in 2018

Annual rents currently running at 6.8% of Gross Sales
Ratio of Sales: 51.9% Beverages, 48.1% Food.
Adjusted Net Profit has averaged $124,025 over the past 4 years.

(27.1% x Gross Sales)
(3.2 x Average Adjusted Net Past 4 Years)

Detailed Information

Location:
Santa Cruz, CA
Inventory:
Not included in asking price
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Datta Khalsa

Business Listed By:
Datta Khalsa

Main Street Realtors

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