Very Well Established Family Restaurant In Great Santa Cruz Location

Asking Price$220,000

Cash Flow
$75,020
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,724,469

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Very Well Established Family Restaurant In Great Santa Cruz Location


Asking Price$220,000

Cash Flow
$75,020
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,724,469

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Comments/Additional Terms:
This is an excellent chance to obtain a very established, “go to” family restaurant in a high traffic area in a great Santa Cruz location. Parking? Lots of it, with good ingress and egress. Well established for 40 years, it is time for the current owner to move on and slow down. Bring your own concept, or retain the very complete and time-tested current menu. Breakfast, lunch, and dinner items all prepared in-house by the experienced kitchen staff. The restaurant currently features a variety of omelets, burgers, soups, salads, steaks, as well as vegetarian options. The business stays busy year round, with very little seasonality. A strong and loyal following includes families, seniors, business people, students, locals, and tourists. High employee retention and loyalty is also a plus. Type 41 beer and wine license include as well.



Gross sales: $1,724,469. 3 year average SDE: $75,020. 2 year average Price: $220,000 + inventory
Size: 3850 SF indoors. Buyer to verify. Seating: 125 Type 1 hood
ADA compliant restrooms Employee break room 26 ft base refrigerator
Walk in freezer 6 ft cold table 5 ft salad station
Produce walk-in cooler

HIGHLY CONFIDENTIAL. CALL OR EMAIL BROKER DIRECTLY FOR NDA.
About the Business
Years in Operation
40
Facilities & Assets
Gross sales: $1,724,469. 3 year average SDE: $75,020. 2 year average Price: $220,000 + inventory
Size: 3850 SF indoors. Buyer to verify. Seating: 125 Type 1 hood
ADA compliant restrooms Employee break room 26 ft base refrigerator
Walk in freezer 6 ft cold table 5 ft salad station
Produce walk-in cooler
About the Sale
Seller Motivation
Owner wishes to slow down and work less
Financing Options
Some seller financing possible for approved buyer
Listing Info
ID
2417512
Listing Views
6

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Business Listed by: Rex Walters Coast Business Brokerage

Listing ID: 2417512 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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