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Asking Price$1,950,000
Revenue$1,930,871 EstablishedUndisclosed
Cash Flow$401,892 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Real Estate Included & SBA Pre-Approved 7350 sq ft Bar, Restaurant & Banqueting in Central Valley.

RRC#: 3318
Asking Price: Offered At $1,950,000
Location: Merced County
Annual Revenue: $1,930,871
Annual Cash Flow: $401,892
Monthly Rent: Real Estate Included

Listing Description:
$1,950,000 for this bar and restaurant which includes the Real Estate. The business and real estate qualify and is pre-approved for a long term (25 years) SBA loan for this recently remodeled, turn key bar & restaurant with banquet rooms located on the Main thoroughfare in one of North California's Central Valley modernized booming cities. The beautifully renovated bar seats 40 with further restaurant seating for 50, featuring brick exposed walls and a focal point double Pizza oven show kitchen along with additional dining room seating for 50 and modern banquet room for 60, a total capacity for 200 at anyone time. The bar has an ABC type 47 hard liquor license which is included with the purchase at no extra cost. The large kitchen is fully equipped with it's 12ft type 1 hood with fire suppression system, complet cooking line and fresh homemade bread prep area with wooden work tables and refrigerated worktops with large walk-in cooler. The additional overflow dining room and banquet room have both been remodeled in 2019 and the whole place shows extremely well. The current owner is passionate about fresh food and has designed the kitchen to suit a quality menu. This would suit a semi-absentee owner or a working family to enjoy the nearly $2 million annual sales and the $400,000 Sellers Discretionary Cashflow. The owner may carry a portion of the sale to well qualified, experienced buyer's with good financials and credit score. This is a highly confidential listing so please complete the ‘Non Disclosure Agreement’ on our website and we'll send you the name and address of this business opportunity along with the full financials & list of the equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Information:
Organization: Inc
Established: 1880
Current Owner: 1995
Employees: 32
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $160,906
Monthly Cash Flow: $33,491
Annual Revenue: $1,930,871
Annual Cash Flow: $401,892
Payroll: $51,830
Monthly Revenue: $160,906
Monthly Cash Flow: $33,491
Ad #111346
Seller Reference #3318
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
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