$5.9 Million Sales * Restaurant/Bar *Profit $1.6 Million * SBA-Approved 15% Down

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$5.9 Million Sales * Restaurant/Bar *Profit $1.6 Million * SBA-Approved 15% Down

RRC#:  4354
Asking Price: $3,800,000
Location:  Butte County
Annual Revenue: $5,900,000
Annual Cash Flow: $1,600,000
Monthly Rent: Contact for Info

Listing Description:
After satisfying customers for many years with great food and friendly service, the owners are ready to retire and pass on years of goodwill to a well-qualified operator. Capitalize on the interest rates in today's market while they last and lock in a great deal. The business is pre-qualified for an SBA long-term (10-year) loan with just 15 % down. Therefore, an experienced operator with strong financials would be able to purchase this business investment with the SBA guarantee of 85 percent of the purchase price. The Investment would also be able to pay the debt service on loan and still have plenty of cash left over for the new owner. With just under six million dollars in annual sales and over $1.6 million in cash flow, this is a rare find indeed.

- [ ] FEATURES:
- [ ] SBA Prequalified at 15 percent down
- [ ] Long-term (10year ) SBA loan
- [ ] ABC Hard liquor License Included
- [ ] Long established business has a proven success record
- [ ] Hugh profits
- [ ] Great Verifiable Books and Records
- [ ] Great Low Rent Lease with options
- [ ] Turn-Key

Financial information such as tax returns, balance sheets, P & L, bank statements, POS reports, or merchant statements are only available to committed buyers who have signed an NDA, have proven purchase funds, and have good credit. Complete the Non-Disclosure Agreement on our website, and we'll send you the complete financial information and list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity and the broker's connections for a long-term SBA loan solution. No Co-Broker #jimsellsrestaurants

For more information please visit https://www.restaurantrealty.com/listings/4354/

General Information:
Organization:  LLC
Year Established: Contact for Info
Employees: Contact for Info
Reason For Sale:  Other Interests  

Financial Information:
Monthly Revenue: $492,000
Monthly Cash Flow: $134,000
Annual Revenue: $5,900,000
Annual Cash Flow: $1,600,000
Annual Payroll: Contact for Info

Facilities:
Square Feet: Contact for Info
Seating: Contact for Info  
Parking: Ample
Days/Hours of Operation: 10 am-9 pm Daily

Facilities:

Square Feet: Contact for Info Seating: Contact for Info Parking: Ample

Training/Support:

Yes

Sale Reason:

Other Interests