Absentee Operated Redwood Coast Restaurants- $177k Yearly Profit- Two Locations- Aggressively Priced
North Coast, California
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Asking Price |
$295,000
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| Office Listing # | CURRENTLY NOT AVAILABLE -1312 |
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Revenue |
$62,712 / month
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Cash Flow |
$14,775 / month
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Lease Rent |
$1,900/$1,800 All Inclusi
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Square Feet |
1,200/1,800 |
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Listing Description |
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Absentee operator, extremely well run and profitable,
aggressively priced, consistent annual sales and
relaxed lifestyle all describe this operation which is
offered to a buyer as a package which includes two
locations. The business name, menu concept and
website are included in this turn key operation. The
business has been structured to easily create a
franchise operation and does not require the current
owner to work hands on and oversees the operation in
the capacity as an absentee general manager. The
two locations, each with a manager on staff, are
within close proximity to each other. The two stores
target a slightly different demographic which benefits
the sales and profit of the business and reduces
fluctuation from any seasonal impact on the business.
Both stores have full kitchens which include a type 1
hood, 5’ griddle,steam tables, fryers, four 2-door
sandwich stations, refrigerated display cases, Hobart
slicers, microwave, stainless work tables, register
system with kitchen printers, ice machines, soda
dispensers, 3-compartment sinks, hand sinks and mop
sinks. One location has a 3-door reach-in and two 2-
door freezers. The second location has a walk-in
freezer and walk-in cooler.
Both locations are wheelchair accessible with ADA
restrooms, have ample parking, excellent visibility and
access offering indoor booth and table seating as well
as table seating for the outdoor dining areas. The
present owner has established a loyal clientele with
very consistent sales revenues achieved by an
affordable, high quality menu, a well organized
business approach and serving the local community
and tourist base. There is upside available for a new
owner to expand the operating hours to include a
breakfast menu as well as adding a beer and wine
license to increase sales revenues.
This listing requires that the business be sold to
include both locations. Escape the high stress of
congested urban living for the relaxing open space of
a coastal lifestyle, perfect for the outdoor enthusiast.
Both locations are within minutes to the world's
tallest trees and California's most rugged coast
that offer world class sport fishing and clean, smog
free air. the scenery/rural lifestyle in addition to
The soundness of the business would make it the
perfect business for anyone seeking a 'downshift'
from the rat race.
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General Information
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Organization: |
LLC
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Year Established: |
2000/2003 |
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Current Owners: |
2000/2003 |
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# of Employees: |
Contact For Info |
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Seating: |
30 Inside,16 outside/40 inside,12 outside |
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Square Feet: |
1,200/1,800 |
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Parking: |
Parking lot |
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License(s): |
Business |
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Day & Hours Open: |
7-Days 11a-9p |
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Reason For Sale: |
Other interests |
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Financial Information |
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Revenue: |
$62,712 / month |
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Cash Flow: |
$14,775 / month |
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Payroll: |
Contact For Info |
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Inventory: |
Contact For Info |
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FF & E: |
Contact For Info |
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Lease Information |
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Lease: |
$1,900/$1,800 All Inclusi |
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Expiration: |
Oct. 2013/April 2012 |
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Yearly Adjustment: |
1%/2%
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Option: |
5 years/ 3 x 5 years |
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Security Deposit: |
$2,000/$1,300
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Financing Information: |
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Down Payment: |
Contact For Info |
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All Cash: |
Contact For Info |
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Note Balance: |
Contact For Info |
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Rate/Term of Note: |
Contact For Info |
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To access this webpage directly, use:
http://www.restaurants-for-sale.com/newsite/rro/listingview.asp?id=12256
Disclaimer
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listing has been provided by
the seller or broker stated
in the contact section of
the listing profile. As
such, Restaurants For Sale
Online, LLC has no claim in
the sale of this business
and has not independently
verified any of such
information and assumes no
responsibility for its
accuracy or completeness.
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