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Two Unit Established Pub Chain
Location: United States -> California -> Northern California - Bay Area -> Alameda County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

2 Unit Established Pub Chain; $4.1 Million Sales; $427,000 Net Profit; SBA Pre-Approved

RRC#: 3411
Asking Price: Offered At $999,900
Location: Alameda County
Annual Revenue: $4,130,472
Annual Cash Flow: $427,470
Monthly Rent: $17,984 / $17,477 all-inclusive

Listing Description:
Well-established, two-unit restaurant chain for sale in the East Bay. The concept is a family-friendly, American pub featuring a wide range of local beers. Both restaurants are located in highly visible, busy strip centers, and one is near a large outdoor sports facility. Large flat-screen televisions make the restaurants popular places for viewing televised sports. Both locations are very popular and successful.

The first location opened in 1994 and seats 100 inside, and 70 on the outdoor patio with heat-lamps. It also has a large private room that can be rented for parties. The second location opened in 1996, and also seats 100 inside and 70 outside.

There is a 60% food and 40% alcohol sales mix. Both locations have about 30 beers on tap.Opportunities to build on the current level of success could include working with third-party vendors, such as DoorDash. The current owners have not worked with delivery services, and doing so could enhance sales and grow the business.

Both locations have similar build outs and the kitchen includes the following; large type-one hood, a smoker, walk-in refrigerator and freezer, walk-in refrigerator for beer kegs, 3 fryers, charbroil grill and a flat-top grill, 4 burner stove and oven, multiple under-counter refrigerators with prep, dishwasher and 3 compartment sink area. There are two ADA restroom and office area for the manager/owner.

General Information:
Organization: Inc
Established: 1994
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $344,206
Monthly Cash Flow: $35,623
Annual Revenue: $4,130,472
Annual Cash Flow: $427,47


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $4,130,472
Cash Flow:   $427,470
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2014
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased




Print Listing Id: 700338589
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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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