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Restaurant/Real Estate + Beer & Wine + Rentals + SBA LoanWHAT A DEAL! Italian w/Real Estate + Rentals! SBA Loan!
$499,000 Cash Flow: $114,000
Restaurant/Real Estate + Beer & Wine + Rentals + SBA LoanWHAT A DEAL! Italian w/Real Estate + Rentals! SBA Loan!

Quincy, CA

This restaurant with real estate is situated in the beautiful Sierra foothills just below the snow line, offering some of the most pristine forest and lakes in California along with mild four season weather. Located just an hour from a major metro city, this restaurant has shown revenue (sales) growth every year for at least the past four years. Here are the annual sales: 2014 = $397,000. 2015 = $427,000. 2016 = $434,000. 2017 = $445,000. The menu is Italian inspired and the chef is not the owner. This is a local favorite! There is a HUGE bonus too. There are two rental units on the property! Clean them up and rent them out! Rents could add another $18,000 of annual income. SBA LOAN is available for this business, making this an affordable investment. 2017 Working Owner Cash Flow before financing costs was about $113,000. this compares to 2016 of $117,000 and 2015 of $129,000. Put 20% down of about $100,000 and the monthly principle and interest will be about $3,400 depending on the mix of real estate value versus business value. For purposes of this ad, business value is estimated at $187,000 and the real estate value is $312,000. To qualify for an SBA loan one must have at least 5 years restaurant management experience, good credit, good tax returns as well as proof of the down payment in the bank for past 3 months.


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