Profitable Grill Restaurant & Craft Beer Bar

Here’s your opportunity to own a great neighborhood Grill restaurant in a desirable Placer County location. This restaurant is the kind of place were friends meet for dinner and some great brews, but it is also a friendly place to bring the family or out-of-town guests to enjoy a meal. The restaurant offers a classic bar & grill menu with a variety of juicy burgers, pizzas, hot sandwiches, steaks, creative salads, wings, fries, and appetizers as well as specialty dishes, all which complement the extensive 16 Tap craft & domestic beer menu. The kitchen uses farm fresh ingredients, and they make nearly everything in-house with an emphasis on providing customers a high-quality experience. The customer reviews for this place show that they really appreciate that the menu offers a little something to please everyone, and the value provided. The restaurant is in a nice sized space at approx. 3000sf with seating for about 88 + Patio. It has a full kitchen with a Hood/Ansul, Walk-In Refrigerator and Walk-In Freezer, and all the equipment you need to produce any kind of menu. The Total Rent is $5620 (approx $1.73/sf base) which is a great rate for the area! There is a Lease in place through May 2024 + one 5-year option. The Sale includes a Type 41 Beer & Wine license. The restaurant has a history of being profitable with 2021 Sales on target to reach $717k and Net $84K. The current owners are very pleased with the business, but they are consolidating to focus on their other businesses closer to home. The next owner will likely want to continue with the successful trajectory of the current concept and there is still room to put their own spin on things and make their own mark, but this could be considered for a cost-effective conversion with a great lease asset. Seller is asking $199k if the sale excludes the name and recipes. 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: Placer County, California Number of Employees: FT Mngr+12 Staff Real Estate: Leased Building Sq. Ft.: 3,000 Rent: $5,620.00 Per Month Lease Expiration: 5/31/2024 Facilities: Space is approx 3000sf with seating for 88 + patio Kitchen has a Hood/Ansul, Walk-In Frig and Freezer and all the equipment you need. Nice visible end-cap location Growth & Expansion: Seller is asking $195k for the current business with the name and recipes. Asking price is reduced to $169k if name and recipes are excluded.