* Included in Asking Price
Real Estate Included - Breakfast/lunch/bakery Restaurant Located In Major Historic Foothills Town
Asking Price: $850,000
Location: El Dorado County, El Dorado County, California
Yearly Revenue: $1,284,000
Yearly Cash Flow: $177,648
Monthly Rent: Real Estate Included
Nestled in the heart of this historic Sierra foothills major town, within easy commuter distance from Sacramento and just an hour from Lake Tahoe, lies this well established Breakfast, Lunch & Bakery Restaurant with an ABC type 41 beer and wine license. The building dates from the early 1900, full of character and charm making this a perfect location right on the main hwy established circa 1930. Through much love and passion this thriving business has reached & maintained annual sales of $1.3 million. The owners wish to retire selling both the Business together with the Real Estate. An SBA long- term loan has been pre-approved for buyers who may just need 20% cash down, depending on their level of experience. The Outdoor garden seats 50 in the floral front yard plus 20 seats in the heated & screened side patio and a further 50 seats indoors. The kitchen is fully loaded with a type 1 hood and fire suppression system, stoves, fryer, flattop, refrigerated worktops, walk-in cooler and much more. Overall this solid business has so much upside including the real estate, space to expand and in an extremely sought after location. If you are looking for a Breakfast/Lunch, 7-3 restaurant then please complete the ‘Non Disclosure Agreement’ on our site and we’ll send you the name and address with the full financial information, lease & list of equipment included with the purchase. We’ll also send you the Broker''s contact information so you can discuss this opportunity in more detail.
Organization: Sole Proprietorship | Year Established: 1991 | Current Owner: 1991 | Employees: 25 | Seating: 120 including Patio and Yard | Square Footage: 1,669 Building, 9,148 LOT | Parking: Small Parking Lot + Street | Licenses Required: Health, Business & ABC Type 41 License. | Days Open/Hours: Daily 7.00am - 3.00pm | Reason For Sale: Retirement |
Yearly Revenues: $1,284,000 | Yearly Cash Flow: $177,648 |
Monthly Rent: Real Estate Included | Lease Expiration: Real Estate Included | Yearly Adjustment: Real Estate Included | Lease Option: Real Estate Included | Security Deposit: Real Estate Included |
Seller Reference #3019
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