Profitable Restaurant with Type 41 License

Wirt County, WV

Restaurant with Type 41 License for Sale in San Diego
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Asking Price: $275,000

Cash Flow: $126,539

Gross Revenue: $889,913

EBITDA: N/A

FF&E: $54,863

Inventory: $7,000

Rent: $3,831 /Month

Established: 2004

Profitable Restaurant with Type 41 License

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Business Description

Profitable full-service restaurant with twelve plus years of excellent customer service. Growing sales with consistent earnings and with staff and management in place. Seller added a new bar area with a type 41 beer and wine license 2 years ago with 11 tap handles serving local craft beer. Steady clientele has grown this restaurant year after year with many great reviews and recommendations. This 2,916 square foot restaurant has an occupancy of 91 with 20 plus tables with rent at $1.27 per square foot plus triple net. Verifiable financials show sales increasing at a rate of 20% or more per year. Seller states this is a great opportunity for a buyer looking to buy a restaurant that is in an upswing. Management in place now allows seller to work less hours and this restaurant could be set up to run absentee. For additional information please contact Listing Agent Ricardo Gomez 619-972-5088.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,916
Lease Expiration:
N/A
Employees:
6 FT; 10 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased location of 2,916 sq ft with a total rent of $3,831. Seller is active in the business with 6 FT and 10 PT employees. $39,738 made in Leasehold Improvements. $54,863 FFE and $7,000 Inventory included in asking price.
Support & Training:
2 weeks
Reason for Selling:
Taking Time Off
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Contact the Seller

(from currently available funds)
 
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Ricardo Gomez

Business Listed By:
Ricardo Gomez

First Choice Business Brokers San Diego

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Sponsoring Broker:
First Choice Business Brokers San Diego

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