Iconic Bakersfield Restaurant & Caterer, with Two Locations

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Asking Price:
$235,000

Gross Revenue:
$1,304,749
Cash Flow:
$133,719
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

An iconic and profitable business with two locations and three decades of history. Over $1million in annual sales and 10% net profit margins. Reduced lease by $200/ month in one location, new flooring in the other. Management in place. If you’ve ever dreamed of owning a profitable and popular restaurant, here’s your chance.

About the Business

Location:
Bakersfield, California
Year Established:
1984
Facilities:
Two Leased Locations
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will negotiate a transition period
Seller Financing:
SBA Lending Candidate

Listing Info

ID:
1561891
Ad Detail Views:
87

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Business Listed by

John Willingham, CBI, CCIM

Sunbelt Business Advisors
License# 556588

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Certifications:
U.S. Census Data for Kern County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Kern County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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