CaliforniaMontereyBusiness Real Estate For Sale

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Well Established High End Millwork and Cabinet Shop
$285,000 Cash Flow: $169,000
Well Established High End Millwork and Cabinet Shop

Monterey, CA

PRICE REDUCED TO $285K + INV. SELLER SAYS BRING ALL OFFERS. Description: Established for over 70 years, this highly regarded and profitable business sits in Monterey, one of the most prestigious and desirable areas to reside on the entire California coast. This high-end cabinet and mill works shop has seen plenty of style and construction phases come and go in its 70+ year history, and from initial design all the way through final installation, they have done it all! Nothing pre-fab, and every piece of work guaranteed. From cabinetry, millwork, countertops, and entertainment centers, to furniture, doors, and windows, all including final installation. Just like the hand- crafted products they deliver, this business itself is a true work of art. Very experienced staff eager to stay on after transition. Pride of ownership, profits, and location! Generous seller financing possible for approved, qualified buyer. Prime coastal area real estate also available as part of the sale in addition to business. Ask broker. Seller willing to offer generous lease terms Price: $285,000 + inventory at cost (business only. Real estate in addition.) Inventory: $75,000 estimated at cost. Terms: Some seller financing possible for approved buyer Gross Sales: $592,446 weighted average 3 years Cash Flow: $165,855 weighted average 3 years SBA: Approval pending Real Estate also available in conjunction with business purchase. Rex Walters, CBB, Ph.D. Certified Business Broker Coast Business Brokerage Licensed Business Broker BRE# 01841628

Very Profitable Restaurant Monterey Bay Area Real Estate Available
$1,250,000 Cash Flow: $479,570
Very Profitable Restaurant Monterey Bay Area Real Estate Available

Monterey County, CA

PRICE JUST REDUCED TO $1.25M PLUS INVENTORY SBA LOVES THIS BUSINESS! PR-QUALIFIED WITH 3 LENDERS. Monterey Bay Vicinity. 5% DOWN IF REAL ESTATE IS INCLUDED! SBA PRE-APPROVED. EXCELLENT REAL ESTATE ON VERY HIGH TRAFFIC COUNT STREET ALSO AVAILABLE. CAP RATE OF 5.75% POSSIBLE IF REAL ESTATE IS INCLUDED. Description: This restaurant is really a gem! Extremely well establish, beloved, and profitable full serve restaurant with full bar and liquor license available in the Monterey Bay area. Closing in on $5 million in gross revenues for 2017 clearly shows the drawing power of the current owner's commitment to fine dining and quality, as well as to customer-driven high-end service. Business is not tourist-dependent, and locals keep the restaurant full year-round. They have no slow season. Brisk and profitable to-go business generates excellent income as well. Prime location on busy area road. Revenues for 2016 & 2017 show growth over last year and the past three years, which have been highly profitable already. Looking for a new owner to continue this tradition of excellence. Or perhaps a new or slightly different concept? Priced as asset sale. Stock purchase possible as well. Real estate may also be available for qualified buyer. This listing is highly confidential. Contact broker for NDA and profile. Proof of funds available to make a purchase at this level also required. Asking Price: $1,250,000 + inventory (Est. at $90K at cost) As an asset sale EBITDA: $409,570 for largely absentee owner estimated depending on any new hires SDE: $479,570 for full time working owner-chef SBA: Pre-qualified. 5% down possible if real estate included. Sales: $4,482,299 for 2016 (FY runs to 9/31/17) Cap Rate of 5.75% possible if Real Estate is Included. Real Estate: $2M EMAIL OR CALL BROKER FOR NDA . HIGHLY CONFIDENTIAL. Rex Walters, CBB, PhD Certified Business Broker Coast Business Brokerage BRE# 01841628 CA Assoc. of Business Brokers Certified Business Broker (831)239-2080 voice scbusinessbroker@gmail.com


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