Brewpub & Restaurant

www.GlobalBX.com

Listing ID: 700285988

Listing Title: Brewpub & Restaurant

Quick Link: http://www.globalbx.com/listing.asp?bId=285988

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: California

Area Northern California - All Northern California

City: El Dorado County

Asking Price Range: $500K - $1.0M

Gross Revenues: $1,822,848

Cash Flow: $290,760

Cash Flow Type: EBITDA

Year Established: 1950

Number of Employees: 20 - 34

Business Description:
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.



« Close this window »