Caribbean restaurant - Nice, new build out!

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

What time is it on the clock?


Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
11394 - Food and Beverage

Location:
Northern California - Northern California

Caribbean restaurant - Nice, new build out!

Business Description:

Situated in a high-traffic location, this restaurant offers a unique dining experience and exceptional customer service. With a strong reputation for quality and consistency, it attracts a loyal clientele and new visitors alike. 1,300 sq ft space with indoor seating for 24 and a huge parking lot for easy access. Opened in 2020, the sellers have family commitments that require they pass the torch on to a new owner. Nice build out complete (at $240K cost) and all the equipment you’ll need. Currently only operating 5 days a week, room for increasing revenue by extending hours and adding beer/wine to the menu. Can keep this concept or go with another of your choosing.


Asking Price: $125,000


Inventory (included):
$5,000

Real Property Available:
No

Save/Print (PDF)

Recast Earnings (Not Verified by Business Team)

12 Months Ended

12/31/2023

$338,861
(Sales)

$83,255
(Adjusted Cash Flow)

12 Months Ended

12/31/2022

$363,064
(Sales)

$74,480
(Adjusted Cash Flow)

12 Months Ended

12/31/2021

$386,917
(Sales)

$106,596
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 0 3
Owners 2 0

Hours of Operation
Mon-Thu 10:30am to 7:30pm Sun 10:30am to 5:30pm Closed Friday & Saturday

Licenses Required:

  • Business License

Lease

Monthly Rent Including NNN:
$2,604

Expires:
11/1/2024

Option:
For 5 years

Size(sq.ft.):
1,322

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Family commitments

Training:
2 weeks 20 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.