Highly Profitable, Turnkey Restaurant
Location California,United States
Asking Price Range < $250K
Gross Revenues $720000
Net Profit / Cash Flow $162000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Description Price Reduced! Highly Profitable, Turnkey Restaurant In The Folsomarea
RRC#: 1787
Asking Price: $219,000
Location: Folsom, Folsom, california
Yearly Revenue: $720,000
Yearly Cash Flow: $162,000
Monthly Rent: $4,295
LISTING DESCRIPTION:
Price Reduced! Highly profitable restaurant with a superb reputation, situated in a very upscale area with great curbside appeal, close to Sacramento. For a budding chef this location would be an excellent first business. The kitchen is fully loaded. Two 6 burners, 16 '' grill, 3 fryers, 1 convection oven, 25lb bread mixer, 12lb bread mixer, 12lb cooler, two 2 door freezers, 8' by 8' cold room, 24 ft type 1 hood with fire suppressant system, pizza cooler, prep cooler, 4 space warmer, 60'' s/s table, 48'' s/s table. The Restaurant has a type 41 Beer and Wine license, Booth seating and assorted tables and chairs for 100 guests. Nice China and Glassware and a Complete POS computer system, 6 camera security, Espresso machine makes this Turnkey opportunity a rare commodity and will sell quickly.
GENERAL INFORMATION:
Organization: Corporation | Year Established: 2010 | Current Owner: 2010 | Seating: 100 | Square Footage: 3025 | Parking: 30+ | Licenses Required: ABC Type 41 (Beer and Wine), Health and Business | Days Open/Hours: Mon-Fri 11am-10pm / Sat-Sun 5pm-10pm | Reason For Sale: other interests |
FINANCIAL INFORMATION:
Yearly Revenues: $720,000 | Yearly Cash Flow: $162,000 |
LEASE INFORMATION:
Monthly Rent: $4,295 | Lease Expiration: 01/19/20 | Yearly Adjustment: 5% | Lease Option: 5 years | Security Deposit: $3,178 |
FINANCING INFORMATION:
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