Profitable Restaurant with Beer focus in Auburn CA

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Asking Price:
$189,000

Gross Revenue:
$485,000
Cash Flow:
$104,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

New Asking Price now $189k!
Dream of owning your own little spot and working for yourself?
Here's your chance to own a profitable restaurant with a simple menu and be your own boss!
This easy to manage business benefits from a great location with excellent foot traffic in an area that attracts both daytime and night time customers. The restaurant is known for its excellent food menu as well as other unique menu items that bring people back again and again. The sale includes well established recipes along with training.
The restaurant comes with a Type 41 Beer & Wine license and has a nice menu of craft beers and ciders that have been expertly paired to compliment with the menu.
The space is approx 1400sf with seating for about 40 inside + a few more on the licensed patio. There is a great Lease in place to Feb 2021 + one 5-yr option. Total Rent is approx $2,925 per month.
The 2017 Gross was approx $485K and it was profitable!
This business is owner operated with the help of about 5 part time employees. The owner is very pleased with the success of this business and its place in the community but has an opportunity to pursue a new career in a different field. This place has a simple menu and a craft beer focus, so it could be great for a first restaurant for someone with some food experience and interest in the Craft Beer & Wine culture developing in Auburn.
Interested? Please fill out our Confidentiality Agreement/NDA form to get started.
Once we receive your Confidentiality Agreement, we will send you information with the name, street 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

Location:
Auburn, California
Number of Employees:
1 FT Ownr +5 PT
Real Estate:
Leased
Building Sq. Ft.:
1,400
Rent:
$2,926.00 Per Month
Lease Expiration:
2/28/2021
Facilities:
The space is approx 1400sf with seating for about 40 inside + a few more on the licensed patio. There is a great Lease in place to Feb 2021 + one 5-yr option. Total Rent is approx $2,925 per month.
Market Outlook/
Competition:
Great location with plenty of foot traffic
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About the Sale

Reason For Selling:
Pursuing a Career Opportunity in a new area
Training/Support:
Seller is offering 2 weeks @ 40hrs/wk training and transition time

Listing Info

ID:
1591230
Ad Detail Views:
0

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Business Listed by

Tricia Bernhardt

Restaurant eXchange
License# 01168790

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