New Price! Roseville Restaurant & Bar Conversion w Full Liquor License

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Asking Price:
$299,000

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

FF&E:
 Not Disclosed
included in asking price

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Business Description

This beautiful Roseville Restaurant & Full Bar is being offered as a turn-key conversion with a stylish look ready for nearly any concept that makes sense in this busy retail area.
This restaurant has a full kitchen and Hood & Ansul and everything the next owner needs to launch their own concept in a busy retail trade area surrounded by upper income residential. It is located on a major street with high volume ADT car trips (37k+), so a lot of eyes see this prominent End Cap location every day!
This restaurant was recently remodeled in 2016 with an investment of over $1Mil so the next owner will benefit from both cost and time savings by purchasing the assets in place. The interior features a bright clean design, modern wood finishings and unique lighting fixtures. It has beautifully appointed full liquor bar and a large enclosed patio which offers customers a place to enjoy outdoor dining year round.
The High Volume Kitchen has a large Hood and Ansul, as well as Walk-Ins and a Grease trap and all of the equipment you would need! The place shows pride of ownership with a very clean kitchen and equipment which has been well maintained.

The interior restaurant space is approx 3,438sf plus the 1500sf enclosed patio adds up to about 5000sf of useable space. The Total Rent is approx. $15,473 ($2.75base + CAM/NNN). There is a great lease in place until June 2025 and there are two 5-year option.

The current restaurant concept has done very well since opening with annual sales already over the $1Mil mark; however, partnership differences have resulted in the decision to sell. This sale does not include the trade name or recipes. The sale includes the Placer County Type 47 Full Liquor License which is worth well over $100,000 as a stand-alone asset.

Interested? Please complete the Confidentiality Agreement/NDA form to get started.
Once we receive your Confidentiality Agreement, we will send you information with the address and other details.

This is a Confidential Listing so please Do Not Disturb the business. Tours are by appointment only.

We look forward to talking with you about this exciting opportunity!

About the Business

Year Established:
2016
Real Estate:
Leased
Building Sq. Ft.:
5,000
Lease Amount/Mo.:
$15,473.00
Lease Expiration:
6/30/2025
Facilities:
The interior restaurant space is approx 3,438sf plus the 1500sf enclosed patio adds up to about 5000sf of useable space. The Total Rent is approx. $15,473 ($2.75base + CAM/NNN). There is a great lease in place until June 2025 and there are two 5-year option.
Market Outlook/
Competition:
Excellent location on very busy main roadway with high traffic volume (ADT over 37,000 cars per day).
Growth & Expansion:
Offered as a turn-key conversion to any concept that fits with the retail center. Sale includes a Placer County Type 47 Full Liquor ABC license.
Contact the Seller

About the Sale

Reason For Selling:
Partnership differences
Training/Support:
Sellers are offering 8 hours of Transitional Consulting for familiarization with facility and equipment.

Listing Info

ID:
1487177
Ad Detail Views:
488

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Business Listed by

Tricia Bernhardt

Restaurant eXchange
License# 01168790

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U.S. Census Data for Placer County, CA
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Source: Decennial Census (2010), United States Census Bureau.

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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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