Real Estate Included – Revenue Growth In 2020 – Profit $200,000+ Treme

Calaveras County, CA

Real Estate Included – Revenue Growth In 2020 – Profit $200,000+ Treme
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Asking Price: $895,000

Cash Flow: $258,229

Gross Revenue: $911,598

EBITDA: N/A

FF&E: $0

Inventory: N/A

Real Estate: N/A

Established: 2007

Real Estate Included – Revenue Growth In 2020 – Profit $200,000+ Treme

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Business Description

Real Estate Included – Revenue Growth In 2020 – Profit $200,000+ Tremendous Growth Opportunities.

RRC#: 3841
Asking Price: Offered At $895,000
Location: Calaveras county
Annual Revenue: $911,598
Annual Cash Flow: $258,229
Monthly Rent: Real Estate Included

Listing Description:
Real Estate Included and SBA pre-approved for a long term 25-year loan with only 10% down. Annual sales revenue in 2019 of 912,000 and 2020 $908,000 with a Seller’s Discretionary Cash-Flow of $205,000. Owning the real estate is the ‘Golden Ticket’ to owning a restaurant. No landlord, no increase in rent and no conditions or restraints on your business operation. This beautiful restaurant, established in 2007 has a superb reputation with the locals and tourists alike. Nestled in rural Calaveras County in the Sierra foothills near many award-winning wineries and the neighboring towns of Murphy’s, Angels Camp, Sonora, Jamestown & Arnold. All the staff are in place with good revenues and provable cash-flow, good books and records with verifiable financials set in a great location. 16-18 long time employees enjoy the current business opening hours of 5pm – 9pm Wednesday – Sunday with no Lunches and closed 2 days per week. There is a tremendous growth opportunities for a new owner to capitalize by offering lunch and/or 6/7-day operations. This would dearly suit a chef and partner with restaurant and culinary skills, get away from the urban Cities, live in beautiful rural Calaveras county and place their skills in their own restaurant, make their own strong presence known in the area and enjoy the fruits of their labor. Fully fitted kitchen with two Type 1 hoods both with fire suppressant systems, an 18-burner stove, salamander, deep fryer, broiler, convection ovens with refrigerated worktops and a walk-in. The dining room is most attractive with a bar and Type 41 beer and wine license plus attractive dining room seating and good sized outdoor patio with an ample parking lot. In all ½ an acre with a 1500 sq ft restaurant building. To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long term SBA loan solution please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information & comprehensive list of 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:
Established: 2007
Current Owner: 2007
Employees: 16-20
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $80,000
Monthly Cash Flow: $21,519
Annual Revenue: $911,598
Annual Cash Flow: $258,229
Monthly Payroll: $17,667

Detailed Information

Location:
Calaveras County, CA
Real Estate:
Owned
Included in asking price
Building SF:
1,500
Employees:
18
Facilities:
Square Feet: 1500 + Patio + 21,000 sf Parking - Inc Real Estate Seating: 60 + 30 Patio Hours: Wednesday - Sunday 5pm - 9pm Parking: Ample
Reason for Selling:
Other Interests
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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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Ad#:1796031

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