This property has accepted a contract.

Turlock, CA (Stanislaus County)

This property has accepted a contract.
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Asking Price: $499,999

Cash Flow: N/A

Gross Revenue: $2,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,400 /Month

Established: 2015

This property has accepted a contract.

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Business Description

Great location!

Fantastic business opportunity. Established restaurant for sale. 5th year in business after extensive remodel and upgrades. Gourmet destination! They pride themselves on freshness so much that they replaced the freezer with refrigeration. Includes restaurant, upgraded kitchen, bar, and banquet room. Excellent employees and staff. Attractive lease on the property. Lots of parking. Please do not disturb the business or go direct. Appointments required.

Detailed Information

Location:
Turlock, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,780
Lease Expiration:
N/A
Facilities:
Remodeled, upscale restaurant with occupancy of about 230. Well designed 10 person kitchen, 7 line, prep stations, and even a wood burning stove. Attractive, renewable, assignable lease. Great chef and employees. Furniture, fixtures, inventory, liquor license, POS equipment, Digital Diner restaurant software, electronic time clock, and goodwill included.
Competition:
Great location near the college, hospital, and shopping centers with lots of onsite parking. Turlock is becoming known for it's dining and ambiance.
Growth & Expansion:
Under utilized banquet room for 60-80 guests. Events coordinator and onsite management would take it to another level.
Reason for Selling:
Owners are needing to devote their time and attention elsewhere.
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Business Listed By:
David Williams

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