$1,900,000.00
Asking Price
Status: Active
Posting ID: 284067
11/29/23
Description
We are offering a package of 2 profitable, absentee-run, bistro-style restaurants in very desirable high-traffic locations. The locations can be purchased separately.
The Bistros are a branded concept which is well established with a strong positive and lasting reputation for excellent value and a creative menu. The restaurants operate with breakfast and lunch hours making them a favorite for brunch and casual dining. The menu focuses on breakfast items and classic diner dishes executed with high quality ingredients and attention to detail. Fine coffee, espresso drinks, beers, and mimosas make up the complimentary beverage menu.
The restaurants have comfortable interiors which offer a perfect combination of casual yet modern dining that suits both the cuisine and clientele. Each has a full kitchen with Hood/Ansul and all the equipment you need to do fast production for a full house.
The restaurants each occupy about 3,500 sf plus patio seating for total occupancy in the range of 120. Both locations are outstanding in terms of visibility and foot traffic.
Both locations do high volume sales, and they are profitable with mostly absentee ownership. The combined 2022 Net Sales were approx $3.4Mil with EBITDA of approx 492K. Financials will be available to qualified buyers who complete our Buyer Registration and NDA form.
The founding owner is pleased with the long-term success of the business, but the time has come to prepare for retirement. This would make a great choice for an experienced restaurateur, or restaurant company interested in expanding the brand. The owner prefers to sell both restaurants including the trade name as a package, but is also offering the restaurants individually (with some modification of the trade name required).
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!
To get more information about this Bistro Restaurants - 2 Units, Absentee Run business for sale in Sacramento And Yolo County please phone Tricia Bernhardt (Broker - BRE License #:01168790) at 916-482-7979 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284067 on BizBen.com. In addition to phoning Tricia Bernhardt, make sure you email Tricia Bernhardt above to get more info about this Bistro Restaurants - 2 Units, Absentee Run, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01168790. Restaurant Exchange.
Contact
Details
Asking Price: $1,900,000.00
Down: Call/Email
Cash Flow: $546,825.00
Revenue: $3,400,000.00
Area: Sacramento And Yolo County
City: None Given
Attributes:
My Notes About This Listing
Cash flow
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Revenue
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Revenue
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Down
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Revenue
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