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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

Upscale Classic American Restaurant

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $5755992
Net Profit / Cash Flow  $477996
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2006
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased

Upscale Classic American Restaurant With $6 Million + Sales And $478,186 Profit RRC#: 2109 Asking Price: Contact For Info Location: Strong location, Santa Clara County, California Yearly Revenue: $5,755,992 Yearly Cash Flow: $477,996 Monthly Rent: $35,526 all inclusive THERE IS NO PRICE ON THIS BUSINESS AND THE SELLER IS SEEKING A COMPETITIVE OFFER FROM A QUALIFIED BUYER. A reasonably priced upscale, classic American grill located in the greater San Francisco Bay Area. Its concept is based on the traditional city grill with a contemporary twist that remains one of the most popular dining destinations for lunch and dinner in the area. Its culinary team creates daily lunch and dinner menu additions. Its lively bar is stocked with a complete array of beverages including an award winning wine list, beers on tap, single malt scotches and full espresso bar. The restaurant generated a Revenue of $5.7 Million for 2013 and on track to exceed $6 Million in revenue for 2014. Owner seeking a Strategic Fine Dining Restaurant Operator/Buyer. Most of the key employees have been with the business from 10 to 24 years. NO BROKER COOP GENERAL INFORMATION: Organization: Corporation | Employees: 40 FT, 40PT | Seating: 270 + 40 in patio | Square Footage: 6,400 | Parking: Parking lot | Days Open/Hours: M-F Lunch 11:15am-2:30p/Dinner 7 days a week 5pm-close | FINANCIAL INFORMATION: Yearly Revenues: $5,755,992 | Yearly Cash Flow: $477,996 | LEASE INFORMATION: Monthly Rent: $35,526 all inclusive | Lease Expiration: 9/2006 | Lease Option: 2 Five Year Options

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