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Profits $406K - Annual Sales $3.9 Million

Alameda County, CA

Profits $406K - Annual Sales $3.9 Million
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Asking Price: $1,200,000

Cash Flow: $406,000

Gross Revenue: $3,900,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Profits $406K - Annual Sales $3.9 Million

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Business Description

Profits $406K - Annual Sales $3.9 Million - 2 Franchise Restaurants - Located in San Leandro & Tracy

RRC#: 3456
Asking Price: Offered At $1,200,000
Location: Alameda County Annual Revenue: $3,900,000
Annual Cash Flow: $406,000
Monthly Rent: Contact for Info

Listing Description:
SBA loan pre-approved for 2 Franchise restaurants in the East Bay area. Seller is willing to sell separately – San Leandro $1 million – Tracy $200,000. Purchased together experienced operators would be able to qualify for 10 year 80% SBA financing to purchase both these franchise restaurant businesses. The asking price is $1.2 million for both but the owner is willing to negotiate with experienced buyers with excellent credit. This well known franchise was established in the 1940’s with multiple locations and you’ll have full Franchisor support. Open 7 days a week these restaurants have combined annual sales in excess of $3.9 million and both are profitable. Good books and records with verifiable financials set in great locations with all the staff and management in place, showing good revenues and provable cash-flow. The growing sales & profitable revenues are achieved with absentee owners who along with the franchisor, will train the buyer to successfully operate these businesses. Both restaurants have seating for 120 indoors plus a patio with a fully equipped modern kitchen, which is fitted to an extremely high standard. The individual leases have separate terms and conditions all of which can be discussed with the owner and broker. There is also an ABC type 41 beer and wine license included with each restaurant. The franchise is local to Northern California and has a low Franchisor royalty of just 4%. 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 & list of equipment included with the sale. We’ll also send you the Broker’s contact information so you can discuss this opportunity in more detail. NO BROKER COOP.

General Information:
Organization: Inc
Established: 2008
Current Owner: 2008
Employees: 80
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $325,000
Monthly Cash Flow: $33,833
Annual Revenue: $3,900,000
Annual Cash Flow: $406,000
Payroll: $113,000
Monthly Revenue: $325,000
Monthly Cash Flow: $33,833

Detailed Information

Location:
Alameda 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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