37 Year Solid, Established Resort Area Restaurant

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Local Mountain Resort Restaurant - Cash Business Opportunity
Asking Price:
$997,500

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$525,000
included in asking price

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Business Description

37 Year Solid, Established & Profitable Resort Area Restaurant Business & Real Estate on Main Highway.
Sold with or possibly without Real Estate.

Price includes: Restaurant Real Estate, Furniture, Fixtures, Equipment, Machinery, Lease Hold Improvements, Transferable Licenses, Training, Non-Compete, Goodwill, Employees (Many have been there over 10 years) & Great Income.
Offered @ $997,500 with Real Estate.

Owner also has a small house behind facility available (sold separately and only with restaurant)@ $165,000.

Owner is retiring and moving after owning 30 years.

Should qualify for SBA financing. Owner MAY carry small new 1st TD or 2nd TD.

*Please contact Broker for NDA and set up package which includes financial information, furniture fixtures and equipment and additional data regarding the business.
Please do not disturb employees at location. Please call broker for an appointment.
We do cooperate with other agents/brokers

About the Business

Year Established:
1981
Number of Employees:
15
Real Estate:
Owned
Building Sq. Ft.:
2,626
Facilities:
freestanding 2626sq ft Restaurant Real Estate on a 22750 sq ft lot.
On main hwy 38 merge to Hwy 18. Cal Trans shows average of 14,000 counts to / from 13,000+
total of onsite parking approx. 40. maximum occupancy 200+ (144+75)

Owner also has a small house behind facility available (sold separately and only with restaurant)@ $165,000.
Market Outlook/
Competition:
Established business. Well known in the community and has a fine reputation and following.
Growth & Expansion:
Current owner does not accept credit cards. Payments are taken in cash.
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About the Sale

Reason For Selling:
retirement
Training/Support:
Owner will train
Seller Financing:
Owner MAY carry small new 1st TD or 2nd TD.

Listing Info

ID:
1528751
Ad Detail Views:
890

Attached Files Attachment Disclaimer

  NDA (537 KB)
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Business Listed by

Chuck Hurd

Hurd Real Estate Results
License# 00992687

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