[Loop Net]
Asking Price: | $275,000 |
Gross Revenue: | $810,000 |
Rent: | $4,635/Month |
Established Year: | 2016 |
Cash Flow: | $180,000 |
Inventory: | $25,000 |
FF&E: | $50,000 |
Listing ID: 1940079
Turn Key Restaurant Business For Sale in El Dorado County
Very successful American style owner-operated restaurant that serves breakfast, lunch and dinner. The price includes a Type 41 ABC license. They are open 7 days per week from 8 am – 8 pm and closed on Christmas Day. This is a super turn-key business for a buyer with restaurant experience. The FFE is estimated to be $50,000 and a $25,000 inventory. Great reviews and many, many solid customers.
Weekly entertainment has also grown within the business and adds a solid cash flow for later hours on the property. The restaurant seats 136 inside and 24 outside. 18-20 employees. The owners started the restaurant from scratch in 2016. The owner is retiring. Lease rate is $4,635/month and ending January 1, 2023.
The owner-operator is retiring.