2 Unit Established Pub Chain; $4.1 Million Sales; $427,000 Net Profit

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Asking Price:
$999,900

Gross Revenue:
$4,130,472
Cash Flow:
$427,470
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

2 Unit Established Pub Chain; $4.1 Million Sales; $427,000 Net Profit; SBA Pre-Approved

RRC#: 3411
Asking Price: Offered At $999,900
Location: Alameda County
Annual Revenue: $4,130,472
Annual Cash Flow: $427,470
Monthly Rent: $17,984 / $17,477 all-inclusive

Listing Description:
Well-established, two-unit restaurant chain for sale in the East Bay. The concept is a family-friendly, American pub featuring a wide range of local beers. Both restaurants are located in highly visible, busy strip centers, and one is near a large outdoor sports facility. Large flat-screen televisions make the restaurants popular places for viewing televised sports. Both locations are very popular and successful.

The first location opened in 1994 and seats 100 inside, and 70 on the outdoor patio with heat-lamps. It also has a large private room that can be rented for parties. The second location opened in 1996, and also seats 100 inside and 70 outside.

There is a 60% food and 40% alcohol sales mix. Both locations have about 30 beers on tap.Opportunities to build on the current level of success could include working with third-party vendors, such as DoorDash. The current owners have not worked with delivery services, and doing so could enhance sales and grow the business.

Both locations have similar build outs and the kitchen includes the following; large type-one hood, a smoker, walk-in refrigerator and freezer, walk-in refrigerator for beer kegs, 3 fryers, charbroil grill and a flat-top grill, 4 burner stove and oven, multiple under-counter refrigerators with prep, dishwasher and 3 compartment sink area. There are two ADA restroom and office area for the manager/owner.

General Information:
Organization: Inc
Established: 1994
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $344,206
Monthly Cash Flow: $35,623
Annual Revenue: $4,130,472
Annual Cash Flow: $427,470
Payroll: Contact For Info
Monthly Revenue: $344,206
Monthly Cash Flow: $35,623

About the Business

Location:
Alameda County, California

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Listing Info

ID:
1670332
Ad Detail Views:
87

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Business Listed by

Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Restaurant Realty Company
License# 00976818

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