Two Unit Established Pub Chain

Listing ID: 700338589

Listing Title: Two Unit Established Pub Chain

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Industry: Food and Beverage

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

Country: United States

State / Province: California

Area Northern California - Bay Area

City: Alameda County

Asking Price Range: $500K - $1.0M

Gross Revenues: $4,130,472

Cash Flow: $427,470

Cash Flow Type: EBITDA

Year Established: 2014

Number of Employees: 6 - 9

Business Description:
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

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