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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Food and Beverage Businesses For Sale Categories   >>   

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Highly Profitable, Turnkey Restaurant

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $720000
Net Profit / Cash Flow  $162000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2008
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Description  Price Reduced! Highly Profitable, Turnkey Restaurant In The Folsomarea RRC#: 1787 Asking Price: $219,000 Location: Folsom, Folsom, california Yearly Revenue: $720,000 Yearly Cash Flow: $162,000 Monthly Rent: $4,295 LISTING DESCRIPTION: Price Reduced! Highly profitable restaurant with a superb reputation, situated in a very upscale area with great curbside appeal, close to Sacramento. For a budding chef this location would be an excellent first business. The kitchen is fully loaded. Two 6 burners, 16 '' grill, 3 fryers, 1 convection oven, 25lb bread mixer, 12lb bread mixer, 12lb cooler, two 2 door freezers, 8' by 8' cold room, 24 ft type 1 hood with fire suppressant system, pizza cooler, prep cooler, 4 space warmer, 60'' s/s table, 48'' s/s table. The Restaurant has a type 41 Beer and Wine license, Booth seating and assorted tables and chairs for 100 guests. Nice China and Glassware and a Complete POS computer system, 6 camera security, Espresso machine makes this Turnkey opportunity a rare commodity and will sell quickly. GENERAL INFORMATION: Organization: Corporation | Year Established: 2010 | Current Owner: 2010 | Seating: 100 | Square Footage: 3025 | Parking: 30+ | Licenses Required: ABC Type 41 (Beer and Wine), Health and Business | Days Open/Hours: Mon-Fri 11am-10pm / Sat-Sun 5pm-10pm | Reason For Sale: other interests | FINANCIAL INFORMATION: Yearly Revenues: $720,000 | Yearly Cash Flow: $162,000 | LEASE INFORMATION: Monthly Rent: $4,295 | Lease Expiration: 01/19/20 | Yearly Adjustment: 5% | Lease Option: 5 years | Security Deposit: $3,178 | FINANCING INFORMATION:
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