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  Home > Search Results > For Sale: Restaurant, Craft Beer Bar

For Sale Restaurant, Craft Beer Bar In Sacramento, California

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Contact: Tricia Bernhardt at 916-482-7979 - Log In To Message/Email This Contact
Last Revised: 9/16/19. Posting #: 250845
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High SDC  Absentee Run  
Key Words: cafe, bars, sacramento, absentee
Financial Info: Price: $575,000. Down: $450,000. Adjusted Net: $215,000. Annual Revenues: $1,300,000. There is an excellent lease in place through 2021 with one 5-year option, with total rent of approximately $11,000/month.
Profile: Attention experienced restaurateurs and craft beer enthusiasts!
Looking for an amazing opportunity in the vibrant Midtown Dining District?

Here's your chance to step into a profitable and unique restaurant with a Craft Beer focus in the mix with Sacramento's most popular bars and restaurants!
The owners represent that this restaurant does net sales of $1.3+ Million annually with cash flow of about $215K.

The Restaurant & Bar is a popular destination for drinks with friends and the menu offers quality dining with an emphasis on farm to fork and fresh seasonal ingredients. The menu features great quality but compared to many restaurants, it is relatively simple in terms of complexity and preparation. The restaurant is both a neighborhood place and a destination type dining establishment which is well known in the Sacramento dining scene. The sale includes an ABC Type 41 Beer & Wine License and there is a nicely appointed bar with a multiple tap draft system on site
The Restaurant occupies about 6,500 sf in total has seating for about 140 +/- inside and on the patio, and can accommodate private parties for about 50 guests.

There is an excellent lease in place through 2021 with one 5-year option, with total rent of approximately $11,000/month. The owners have laid a great foundation and take pride in having developed this popular Midtown destination spot, but they are reorganizing to allow time for family obligations and a new business venture. The business is fully staffed with a seasoned management team so this can be run semi-absentee by the next owner, although a hands-on owner might enjoy the public contact and recognition for owning such a popular place. This place could also be considered for a cost-effective conversion for a microbrewery looking to expand its brand awareness and revenue by launching a taproom in this great Midtown location.

This is a very confidential listing so you must complete a Confidentiality Agreement/NDA and tell us about your previous ownership and/or management experience in order to learn the identity name and to request further 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!

Contact: Mike Brewer at 800-437-1100   Log In To Message/Email This Contributor
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.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
Pro Advisor  
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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
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
Pro Advisor  
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Contact: Russell Logan at 703-786-8783, 703-786-8783 (Cell)   Log In To Message/Email This Contributor
Profile: Sugaer is a strategic business advisory firm that helps business owners start and grow great businesses, and exit at maximum value. Our firm works with organizations across the business lifecycle, positioning them to prosper over the long term. Expertise in growth/value building, M&A, due diligence.
Key Words: russell logan, sugaer, business intermediary, mergers and acquisitions intermediary, due diligence, consultant, value building, bakery, cafe
Pro Intermediary  
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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
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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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy

Contributor: John Byrne at 954-296-0566   Log In To Message/Email This Contributor
Profile: Business Valuation Expert and CPA John Byrne explains how business owners need to have accurate and timely financial statements in order to manage, grow, and ultimately sell their business. The emphasis should be on generating the financial statements to serve all users of the financial data.
Key Words: selling a business, sell a business, sell your business, financial statement, financial statements, financials, valuation, valuing a business, valuing your business, business valuation, business owner, business owners, owner sellers, john byrne
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Contributor: Joe Ranieri at 714-292-5448   Log In To Message/Email This Contributor
Profile: When examining a restaurant for sale, buyers must pay attention to the costs associated with owning and operating that business. Southern California restaurant broker specialist Joe Ranieri explains the cost percentages that buyers should look for when examining an existing restaurant business.
Key Words: restaurant, restaurants, cafe, fast food, due diligence, adjusted net income, buying a restaurant, buy a restaurant, buying a cafe, buy a cafe, profit, profitability, joe ranieri
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: It is crucial to have buyers interested in purchasing a business sign a non-disclosure agreement before releasing any information to them about the business for sale. BizBenNetwork Senior Manager Jordan Green shares tips for qualifying buyers and implementing a successful non-disclosure agreement.
Key Words: nda, non-disclosure agreement, confidentiality agreement, non disclosure, non disclosure agreements, confidentiality, confidential information, buyer profile, business buyer, prospective buyer, buyer prospect, liability, legal issue, legal, jordan green
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Contributor: Spencer Siegel at 925-701-8064 X315   Log In To Message/Email This Contributor
Profile: Owner sellers begin the process of selling their business with incorrect assumptions derived from a subjective mindset, limiting their ability to properly market to buyers. By understanding the motivations and goals of business buyers better, owners can sell their businesses more quickly.
Key Words: selling a business, seller, buyers, escrow, spencer siegel
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Contributor: Joe Ranieri, Business Broker at - Log In To Message/Email This Contributor
Comments & Replies: 1   Topics: buying a business, due diligence
Profile: It's no secret that both small and large restaurant purchases are sometimes tricky to pull off & can be difficult to determine if a deal is a good one to move forward with. BizBenNetwork Members weigh in with critical investigative components & tips of buying a restaurant in the due diligence phase.
Key Words: restaurant, restaurants, due diligence, joe ranieri, cafe, deli, bar, bars, fast food, coffee, sandwich, poke, mexican, asian, cafes, delis
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 14   Topics: for sale by owner, landlords, selling a business
Profile: While there may be exceptions, I believe the best practice is to let the land owner know about your plans to sell the business - meaning a new tenant for him or her - before you begin marketing the company for sale. There are two schools of thought on this important question. BBN Members weigh in.
Key Words: landlord, landlords, lease, leases, leasing
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 11   Topics: buying a business, deal structures, legal issues
Profile: Every day, I speak to business brokers and business owner/sellers, and I hear some pretty amazing stories about potential buyers of small to mid-sized businesses. I tend to ask them what traits they listen for to see if a potential buyer is serious and what traits or buyer actions are deal killers.
Key Words: buying a business, buy a business, mistakes, business buyers
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