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Brewpub & Restaurant
Location: United States -> California -> Northern California - All Northern California -> El Dorado County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Price Reduced! Brewpub And Restaurant With Large Patio & Sba Finance For Industry Professionals

RRC#: 2820
Asking Price: $775,000
Location: El Dorado County, El Dorado County, California
Yearly Revenue: $1,822,848
Yearly Cash Flow: $290,760
Monthly Rent: 6630 Inc NNN and CAM''s

LISTING DESCRIPTION:
The price has just been reduced for this 4,350 sq ft Modern Brewpub and Restaurant with it''s 2,000 sq ft Patio and ample parking. This business is located on the main Hwy of a major historic town which is visited by thousands of tourists and locals year round. The $1.8 Million in annual sales has been built by selling long established craft beers accompanied with quality comfort food. The opportunity to sell hard liquor is easily attainable and will greatly increase the sales and profits. Broker will inform you of this process by obtaining a small brewery license. The low monthly rent of $6,630 which includes NNN and CAM charges is only $1.52 Per Square Foot. The absentee owner admits the labor is too high and allows his General manager and assistant to run the day to day operations, which a seasoned operator would be able to reduce considerably. SBA finance would be available to industry buyers (ideally one''s that currently owns another restaurant/bar/brewery/taphouse) and would have 25% or greater cash investment with strong overall financial depth and breadth. The seller may also assist by carrying a long term note for a portion of the asking price to well qualified, experienced buyers. The 25 ft hardwood bar has 30 craft beer taps and seating for 12. A further 140 can be seated in the dining room plus up to 100 on the patio. Solid, easy to maintain floors with hardwood tables throughout give a casual yet elegant feel with the patio seating having tables, chairs and lounge seating. The kitchen is state of the art with a 20ft type 1 hood with fire suppression system with broiler, flattop, fryers, stove burners and ovens.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,822,848
Cash Flow:   $290,760
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1950
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

Photos

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Brewpub & Restaurant Photo 1




Print Listing Id: 700285988
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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