Last Revised: 9/15/19. Posting #: 249431
Key Words: restaurant, craft beer, auburn, sacramento
Financial Info: Price: $189,000. Down: Call. Adjusted Net: $104,000. Annual Revenues: $485,000.
Profile: IN CONTRACT - but still taking back-up interest
New Asking Price $195k!
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.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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Profile: Steve brings to his clients a wide-ranging business background with a focus on providing the highest level of customer satisfaction. Steve’s experience includes work in mergers and acquisitions, as well as small business brokerage, finance, business development and sales and account management.
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Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
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