Businesses For Sale Network in California - All other areas/ Easy Restaurant Operation- Includes 2 Locations- $152K Profit, Lo Rent, Great Leases, SBA Loan Likel
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Listing View: Easy Restaurant Operation- Includes 2 Locations- $152K Profit, Lo Rent, Great Leases, SBA Loan Likel - Humboldt, California


Easy Restaurant Operation- Includes 2 Locations- $152k Profit, Lo Rent, Great Leases, Sba Loan Likel
Humboldt, California

Offered at:
$225,000

Office Listing #   1589
Revenue: $59,500 / month
Cash Flow: $12,670 / month
Lease Rent: $1900/$1,800 all inclusiv
Square Feet: 1,200/ 1,800

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 Listing Description

Located on the beautiful Northern California Coast, this is an absentee operated business, extremely well run, with consistent annual sales and profit. The diverse clientele draws from heavy University traffic, local business and residential community, and a significant tourist trade. Given the strong financials, especially in this economy, this is a true turn- key operation, aggressively priced, offering a buyer a relaxed lifestyle and steady income. The two locations, business name, menu, concept and website are offered in the sale. The business has been designed as a franchise blueprint with the owner’s role as an absentee general manager. The two locations, each with a manager, are within close proximity to each other. The two stores target a slightly different demographic benefiting sales and profit and reducing fluctuation and seasonal impact. Both locations are wheelchair accessible with ADA restrooms, ample parking, excellent visibility and access offering indoor as well as outdoor dining areas. There is upside available for a new owner to expand the operating hours to include a breakfast menu as well as adding a beer and wine license to increase sales revenues. The seller will consider carry back financing on the purchase price, for a buyer with strong financials and business experience.

General Information
Contact Information
Organization:   LLC
Year Established:   2000 /2003
Current Owner:   2000 / 2003
# of Employees:   Contact For Info
Seating:   30 inside + 16 outside / 40 inside + 12 outside
Square Foot/Size:   1,200/ 1,800
Parking:   Parking lot
License(s) Required:   Business
Days Open/Hours:   7- Days 11a-9p
Reason For Sale:   Other Interests
     
Financial Information
Revenue:   $59,500 / month
Cash Flow:   $12,670 / month
Payroll:   Contact For Info
Lease Information
Lease Rent:   $1900/$1,800 all inclusiv
Lease Expiration:   Oct 2013/April 2012
Yearly Adjustment:   1%/2%
Lease Option:   5 years/3 x 5 years
Security Deposit:   $2,000/$1,300
     
Listed by:   Steve Zimmerman
 Restaurant Realty Company
Email: Email Seller
Phone:  415-945-9701
Fax:  415-945-9702
Website:  www.restaurantrealty.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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