Rare opportunity to acquire an expandable, non-owner-operated, upscale full-service restaurant and craft-cocktail lounge in Northern California. The business has delivered consecutive years of revenue growth, now exceeding $2 million annually, with strong and improving owner earnings. The business just added 17% more square footage, that has yet to be reflected in the results. Revenue can be expanded easily by 30 to 40%. It operates from a large, recently renovated, purpose-built venue featuring a full bar, dining room, and lounge with ample on-site parking, and conveys turnkey with FF&E included plus an established brand and loyal following. Seller is willing to provide financing for the right buyer. ST11943
- Asking Price:
- $950,000
- Sales Revenue:
- $2,443,776
- Cash Flow:
- $530,669
Property Information
- Real Estate:
-
Lease
- Living Accommodation:
-
250 Seats
New lease available, Property available for Sale for $2.7MM
- Premises Details:
-
6,700 sq.ft.
- Size in square feet:
- 6,700
Business Operation
- Management type:
- This business has absentee ownership.
- Reasons for selling:
-
Focus on Other Businesses
- Years established:
- 2023
