Restaurant / Cafe With Beer & Wine
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $650000
Net Profit / Cash Flow $105000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2006
Number of Employees 10 - 19
Inventory 40000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training 2 weeks at 20 hours / week.
Reason for Sale Personal.
Description This lovely restaurant / cafe for sale with beer and wine could do as well with a breakfast oriented concept as it can with a dinner concept or even as a coffee house or bakery! The facility offers its patrons comfortable seating both indoor and outdoors, its workers a manageable retail and reception area, and its chef a large walk in cooler and freezer, and a spacious food preparation area with two full lines and separate dishwashing space. As it is currently wholly absentee managed, the facility could benefit tremendously from a hands-on working owner ... with or without a seasoned concept to implement. With over $150k invested in a recent remodel, a buyer will walk into a turn-key operation with a strong client base and a first class facility. ASking Price $199,000.
This 1,500 square foot facility leases for $4,700 per month on a 5 year leave valid until October 2010, with options to be determined. The gorgeous, yet versatile facility can comfortably seat 30 inside, plus an additional 20+ on the pleasant outdoor patio. The facility has a beer and wine license, allowing the new owners a tremendous amount of flexibility in implementation of alternate concepts, while helping to ensure the ability to achieve a high average ticket cost and a high margin revenue stream.
This lovely restaurant / cafe is located in a residential section of the Greater Santa Clarita Valley with little direct competition nearby. As such, there are significant barriers to entry for new competitors to open in this restaurant / cafe's immediate vicinity. New owners may successfully implement a variety of concepts in this fantastic space due to its versatile buildout, flexible set up, and ability to serve patrons high margin beer and wine products. The location lends itself to a coffee or bakery concept (e.g. like an Urth Caffe or Coral Tree Cafe), a breakfast oriented kitchen, a stylish bistro, a family oriented dinner / supper house, or an ethnic venue.
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