$200,000.00
Asking Price
Status: Active
Posting ID: 285248
2/18/24
Description
For sale is a high-volume, profitable, rustic restaurant with a hard liquor license. This Franchise opportunity is introduced as a turn-key operation where you don’t have to reinvent the wheel. With solid sales exceeding $2,000,000 consistently for the last three years, this absentee-owned bar and grill is already thriving. Imagine the potential with a hands-on owner—the sky's the limit!
This chophouse chain with an Old West saloon vibe & a menu of steaks, seafood & ribs has a private dining room and a cozy fireplace. This is a perfect spot for both locals and tourists alike. “I’m not that big of a horseradish fan, but the Prime Rib really is legendary!!”.
The inside area is over 6,000 sq ft with a great lease that has two five-year options left. The business is open 7 days a week with a monthly revenue of approximately $176,000.
Features:
- Hard liquor license
- Franchise Training
- High Volume
- Absentee owner
Cta:
Don't Miss Out on this Golden Opportunity!
Take the reins of this extraordinary brand and be a part of their global legacy. This listing is a secret recipe, and interested parties are requested to sign a non-disclosure agreement (NDA) to receive comprehensive information.Financial information such as tax returns, balance sheets, P & L, bank statements, POS reports, or merchant statements are only available to committed buyers who have signed an NDA , have proven operation experience and proof of purchase funds in addition to superior credit. We'll also send you the Broker's contact information so you can discuss this opportunity in greater detail. Franchise ownership with this prestigious restaurant and bar opportunity, contingent upon meeting approval and demonstrating financial and operational aptitude . No Co-Broker #jimsellsrestaurants
Financial Information:
Monthly Revenue: $176,000
Monthly Cash Flow: Contact for Info
Annual Revenue: $2,100,000
Annual Cash Flow: Contact for Info
General Info:
Ownership: Corporation
Established: 2017
Employees: 35
Reason For Sale: Consolidating
Monthly Rent: $15,500 =NNN
Expiration: 2026 plus 2/5 year options
Facilities:
Square Feet: 7,000
Seating: Contact for Info
Parking: Ample
Licenses: Franchise, health, business, ABC 47 license
Days/Hours of Operation: 7 days
RRC# 4712
Location: Central California
To get more information about this Chophouse Franchise - Grill And Bar, Absentee Run business for sale in please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 888-995-9701 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285248 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Chophouse Franchise - Grill And Bar, Absentee Run, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01310250. Restaurant Realty Company.
Contact
Details
Asking Price: $200,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: $2,100,000.00
Area:
City: None Given
Attributes:
My Notes About This Listing
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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$120,000
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Down
$338,000
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Down
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Cash flow
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Down
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Down
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Cash flow
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Revenue
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Down
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Posting: 285737 | Available | 3/20/24
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$260,000
Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
$40,000
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Cash flow
$12,000
Revenue
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Down
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Cash flow
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Revenue
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Down
$159,000
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$159,000
Cash flow
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Revenue
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Down
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Revenue
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Down
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Down
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Down
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Cash flow
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Down
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If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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