* Included in Asking Price
Completely 'turn Key' Upscale Restaurant With Valuable Placer County Abc Type 47 License
Asking Price: $250,000
Location: Roseville, Placer County, California
Yearly Revenue: $1,848,000
Yearly Cash Flow: $144,000
Monthly Rent: 14,000 Inclusive NNN
Priced at only $250k for this well appointed upscale bar and restaurant Business with a Type 47 Hard Liquor License, Small wares and $1.8 million in Annual Sales. This beautifully designed 8500 sq ft Bar & Restaurant and 2500 sq ft Patio went through complete renovations in 2013/2014 and is in a complete 'Turn Key" condition. Currently doing business as an upscale establishment featuring international food with total seating for 280. A full bar seating 20, the main dining room 140, a private banquet room 40 and a patio for 80. Hard floors throughout with an attractive combination of dining room seating to included booths, private dining areas and community tables. The enclosed spacious patio also has a combination of booth seating with private areas and a center patio feature. The modern well equipped kitchen with it's 16ft line, full line up of stoves, ovens, broiler, refrigeration, walk-in's, prep areas and separate dish wash area complete this restaurant business opportunity. The current owner is quasi-absentee and achieves annual sales in 2015 of $2.1 million. An experienced owner/operator could take this business to $3 million or more. All Furniture, Fixtures and Equipment to remain the landlords property but new restaurant operator may have full use during the Lease. Complete the ‘Confidential Information’ request at the top of this page and we’ll send you the name, address and financials information for this business opportunity. We will also send you the broker contact so you can discuss in more detail.
Organization: Corporation | Year Established: 2002 | Current Owner: 2013 | Employees: 45 | Seating: 280 | Square Footage: 8500 Indoors + 2500 Patio | Parking: 75+ | Licenses Required: Health, Business & ABC Type 47 Licenses | Days Open/Hours: Mon-Thurs 11am - 12pm Fri & Sat 11am - 2am Sun 10am - 10pm | Reason For Sale: Other Interests |
Yearly Revenues: $1,848,000 | Yearly Cash Flow: $144,000 | Payroll: $52000 |
Monthly Rent: 14,000 Inclusive NNN | Lease Expiration: New Lease Negotiable | Lease Option: New Lease Negotiable | Security Deposit: 14,000 |
Seller Reference #2474
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