SBA Pre-Approved For Owner Operator - Three Location Breakfast Lunch Restaurant Chain For Sale! Profitable With Strong SDE
RRC# 5149
Asking Price: Offered at $698,000
Location: Sonoma County
Location Square Feet~1,200 sqft , ~2,100 sqft
Annual Revenue: $2,493,334
Monthly Rent: Three Strong Leases in Place
Listing Description:
Multi-location absentee Breakfast & Lunch Concepts are for sale in Sonoma County for a qualified owner operator with SBA financing available. This is a rare opportunity to acquire a beloved farm-to-fork breakfast and lunch group with three established locations across the County.
Known for its locally sourced ingredients, fresh seasonal menus, and strong community following, this business embodies the best of Wine Country dining and has the accolades and reviews to prove it! Each location features a warm, inviting atmosphere and operates under two complementary concepts, both of which are proven and profitable. The restaurants enjoy excellent visibility in two of the cities and have a main street vibe and location in the third town, which enjoys great seasonal tourist traffic.
Each location has favorable lease terms and have been strategically negotiated for long-term stability. Our preferred SBA lender also sees the success and growth opportunity for a new Owner Operator, given the current owners are Semi-Absentee and is offering financing on $650K with 10% cash injection for a 10 year loan at a rate of 7.73%. (subject to change). The current owner runs many expenses through the business, totally nearly $100,000 per year for their draws and mortgage alone. There are many other personal expenses ran through the business as well as a health salary for their General Manager, which all would be offset by a new hands-on Owner Operator. The business and locations are profitable and reflect strong Seller Discretionary Earnings.
This is a turnkey opportunity for a qualified owner-operator or hospitality group looking to step into a well-run, high-performing operation with a dedicated staff, loyal clientele, and a stellar local reputation. Company Highlights: --3 locations with strong SDE profits in prime Sonoma County areas --2 established, community-loved concepts --Focused on local, farm-to-fork cuisine --Excellent revenue and growth potential --Strong, secure leases in place --Fully equipped kitchens with Type 1 Hoods and well-maintained equipment --Financing available for a new owner operator ----Beer & Wine licenses will transfer Offered Confidentially by Andy Mirabell.
Financials and location details available to qualified buyers with signed NDA.
Ad#:2439594
