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Asking Price$75,000
Revenue$276,000 EstablishedUndisclosed
Cash Flow$48,000 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Price Reduction - Charming Restaurant With Patio And Beer & Wine License In Historic Old Town

RRC#: 2865
Asking Price: $75,000
Location: El Dorado County, El Dorado County, California
Yearly Revenue: $276,000
Yearly Cash Flow: $48,000
Monthly Rent: 2021 Inclusive NNN

LISTING DESCRIPTION:
The price has been reduced to $75,000 for this successful and charming restaurant. Completely "Turn Key" and ready to operate with it''s 40 seats indoors and a further 20 on the front patio. Currently a European style restaurant but it could easily be transformed into a different concept. The new tables & chairs, bright decor and solid hard floor are almost maintenance free. The show kitchen has a 10ft type 1 Hood with fire suppression system, deep fryer, 6 burner stove with oven, refrigerated worktops and stainless steel prep tables. The prep kitchen boasts a walk-in cold room, walk-in freezer, work tops, boiler, food mixer and undercounter dish-wash machine. The present owners have built a good reputation with locals and tourists alike. Monthly sales exceed $23,000 while being closed on Tuesday and Wednesday''s. The low rent of $2,021 monthly assists in making this a profitable restaurant business. Easy to prepare menu serving local wines and full hands-on training will be given by the seller. This would suit a husband and wife team (Chef & Manager) and provide a thriving income with so much scope to grow the business. Priced at only $75,000 for this fully equipped, ready to go restaurant business. Complete the ‘Non Disclosure Agreement’ and we will send you the name and address with financial information, photos & a full list of equipment. We’ll also send you the Broker''s contact information so you can discuss this opportunity in more detail.

GENERAL INFORMATION:
Organization: Sole Proprietorship | Year Established: 1990 | Current Owner: 2016 | Employees: 2 | Seating: 40 + Patio 20 | Square Footage: 1350 | Parking: Private parking for 10 + Street | Licenses Required: Business, Health & ABC Type 41 License | Days Open/Hours: Thursday - Monday 11.30am - 8pm | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $276,000 | Yearly Cash Flow: $48,000 |

LEASE INFORMATION:
Monthly Rent: 2021 Inclusive NNN | Lease Expiration: 2020 | Lease Option: Negotiable | Security Deposit: 1971 |
Ad #98254
Seller Reference #2865
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
415-945-9701
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