Profitable Branded Casual Grill Restaurant

, California 53 views 0 favorites

Financial Highlights
Asking Price
$358,000
Revenue
$939,000
Business Description

Here is a rare opportunity for an experienced restaurateur to take over the reins of an exceptional restaurant with an appealing and proven concept! This restaurant operates under a recognized brand name with an outstanding reputation and proprietary menu items. This would make a great business for someone with quick service or full-service restaurant experience looking for a proven concept combined with flexibility to take advantage of local market opportunities. The restaurant concept offers a curated classic American menu featuring grilled favorites that are universally appealing complemented by an extensive menu of craft beers in a stylish casual setting. This restaurant benefits from its location within a busy shopping center with great visibility from a major roadway with 35k ADT. The space is approx 3,200 sf with seating for over 100 plus a large Patio. There is a favorable Lease in place with Base (minimum) Rent + CAM of approx. $5792/mo. The well designed kitchen features an expansive hood/ansul and cooking line with walk-ins and everything else you need to support fast high-volume service. The sale includes a Type 41 Beer & Wine license. The business is profitable with part-time management and a seasoned reliable staff in place. The owners are pleased with the success of the business but are selling because of plans to relocate and retire. The 2021 Sales were $939k and the Net was approx $194k! Interested? This is a confidential listing so registration with NDA is required to receive further details. We look forward to talking with you about this exciting opportunity! Location: Stockton, California Number of Employees: 1mgr + 13 staff Real Estate: Leased Building Sq. Ft.: 3,200 Rent: $5,792.00 Per Month Lease Expiration: 10/31/2024 Facilities: Space is approx 3200 sf with seating for approx 136 + 40 large Patio. Full Kitchen with 18ft Hood/Ansul, and two Walk-Ins. Market Outlook/ Competition: Great location with high car counts on a major roadway. Great franchise brand with low royalties.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 3 days ago

Views: 53

Favorites: 0