Price Reduction - Profits of $206,000 - SBA Pre Approved

Yolo County, CA

Price Reduction - Profits of $206,000 - SBA Pre Approved
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Asking Price: $395,000

Cash Flow: $206,118

Gross Revenue: $850,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Price Reduction - Profits of $206,000 - SBA Pre Approved

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Business Description

Price Reduction - Profits of $206,000 - SBA Pre Approved - Elegant Bar/Restaurant - Sacramento Area

RRC#: 3459
Asking Price: Offered At $395,000
Location: Yolo County
Annual Revenue: $850,000
Annual Cash Flow: $206,118
Monthly Rent: $4,500 Inclusive of NNN

Description:
Asking Price Reduced to $395,000 on this first class business opportunity making profits of $206,000 annually. No cost has been spared on this first class Bar & Dinner House with a ABC Type 47 Hard Liquor License. Truly an upscale, turnkey operation which is also pre-approved for a long term SBA loan for up to 80% of the purchase price. Currently only open 6 evenings a week, so there is a huge opportunity to grow the business by opening Saturday and Sunday Brunch and still enjoy Monday closed and every weekday. Located in an upscale area with an appealing front patio seating 35 and an immaculate dining room for 72 inside & a private room for 25 and 8 barstools. 18 Craft beers on tap using two Glycol systems for the beer stored in a rear walk-in. The tables, chairs & place settings are all beautifully laid out along with a craft wood back bar and a hardwood floor throughout. The front line Kitchen has a 12ft Type 1 hood with fire suppression system, 6 burner with oven, flattop, broiler, deep fryer, salamander, refrigerated under counter protein storage and 2 refrigerated worktops plus steam tables. The rear prep kitchen has a 6ft Type 1 hood with fire suppression system with 6 burner stove with oven and deep fryer. Four 6ft stainless steel prep tables with many upright fridges, large food mixer & high temp dishwasher. So much rear storage for dry goods and large ice machine, office and a veg prep room for handmade french fries etc. If it's an easy handover you are looking for with no more investment required you won't find a better restaurant opportunity. Complete the ‘Non Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease, photo's & a full list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Information:
Organization: LLC
Established: 2000
Current Owner: 2013
Employees: 9
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $70,833
Monthly Cash Flow: $17,177
Annual Revenue: $850,000
Annual Cash Flow: $206,118
Payroll: $23,747

Detailed Information

Location:
Yolo County, CA
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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

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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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