Category:
11029 - Food and Beverage
Location:
Northern California - Northern California
Business Description:
If you have Restaurant Experience and are looking for a Long Established, Popular Restaurant, Bar, this may be for you. Great South Bay Location with Excellent Reputation. ABC Type 47 License. Amazing set up, low Rent, Low Maintenance, but High Revenues, and High Net. Full Staff in place. SBA Prequalified with 15% Down. Owner is selling to focus on his health after 27 years of serving the Community.
Inventory (included):
$15,000
5 Months Ended
5/31/2023
$577,343
(Sales)
$85,030
(Adjusted Cash Flow)
12 Months Ended
12/31/2022
$1,444,341
(Sales)
$267,468
(Adjusted Cash Flow)
12 Months Ended
12/31/2021
$1,286,444
(Sales)
$248,193
(Adjusted Cash Flow)
12 Months Ended
12/31/2020
$886,363
(Sales)
$118,263
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 4 | 4 |
| Owners | 0 | 1 |
Hours of Operation
Mon - Sun 11am to 8:30pm Sat 11am -9pm
Licenses Required:
Monthly Rent Including NNN:
$4,090
Expires:
07/31/2027
Option:
For 5 years
Size(sq.ft.):
700
Type of Organization:
S Corp
Reason for Sale:
Semi Retiring/Health Issues
Training:
2 weeks 25 hours
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.