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Easy Restaurant Operation- Includes 2 Locations- $152K Profit, Lo Rent, Great Leases, SBA Loan Likel - Humboldt, California
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Easy Restaurant Operation- Includes 2 Locations- $152k Profit, Lo Rent, Great Leases, Sba Loan Likel
Humboldt, California
Offered at:
$225,000
| Office Listing # | 1589 |
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Revenue: |
$59,500 / month
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Cash Flow: |
$12,670 / month
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Lease Rent: |
$1900/$1,800 all inclusiv
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Square Feet: |
1,200/ 1,800 |
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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. |
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| Organization: |
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LLC
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| Year
Established: |
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2000 /2003
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| Current
Owner: |
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2000 / 2003
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| # of
Employees: |
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Contact For Info
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| Seating: |
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30 inside + 16 outside / 40 inside + 12 outside
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| Square
Foot/Size: |
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1,200/ 1,800
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| Parking: |
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Parking lot
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| License(s) Required: |
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Business
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| Days
Open/Hours: |
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7- Days 11a-9p
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| Reason
For Sale: |
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Other Interests
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| Revenue: |
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$59,500 / month
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| Cash Flow: |
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$12,670 / month
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| Payroll: |
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Contact For Info
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| Lease Rent: |
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$1900/$1,800 all inclusiv
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| Lease Expiration: |
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Oct 2013/April 2012
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| Yearly Adjustment: |
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1%/2%
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| Lease Option: |
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5 years/3 x 5 years
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| Security Deposit: |
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$2,000/$1,300
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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.
Read
the
full disclaimer before responding
to any ad.
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