Restaurant For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $220000
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2003
Number of Employees 4 - 5
Inventory $30,000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks.
Reason for Sale Retiring.
Description Owner of successful Filipino restaurant still going strong after 8 years in Bakersfield, California is retiring and willing to sell it to somebody that wants positive income. Asking price is $110,000 that includes inventory and equipment. Employees are willing to stay if new owner will choose to keep them. One year still left on lease at $2,500 including NNN. New lease is negotiable with owner and possibly cheaper. Owner is willing to train buyer for two weeks. Average sale for the last few months is at $800/day with 2 employees. Open 6 days a week and close on Sunday. Can get more revenue for new owners creativity. Email or call at 661-912-4122 for more information on this restaurant for sale.
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