$1,000,000.00
Asking Price
Status: Active
Posting ID: 285247
2/18/24
Description
Steakhouse and Bar | $2.9M+ Sales | SBA Pre-Qualified | 10% Down
Step into the realm of highly successful steakhouse franchise ownership with this incredible opportunity. They are passing on years of goodwill to a qualified operator. This is your chance to stake your claim and lock in a great deal. The business is pre-qualified for an SBA long-term (10-year) loan with just 10% down. Therefore, an experienced operator with strong financials could purchase this business investment with the SBA guarantee of 10 percent of the purchase. The Investment would also be able to pay the debt service on the loan and still have plenty of cash left over for the new owner. With almost $3 ML in annual sales and over $340,000 in the seller's discretionary cash flow, this is a rare find. Good verifiable books and business records make financing easy.
This restaurant and bar operation Includes approximately 8,333 plus sq ft of fully equipped free-standing restaurant and bar with a hard liquor license and a huge parking lot. An enjoyable dining room and bar area give the restaurant a warm, cozy atmosphere. Don't miss out on this chance to stake your claim in the world of successful steakhouse ownership. Contact us today to learn more about this exceptional opportunity. The sale also includes all fixtures and equipment sufficient to operate a high-volume restaurant
- SBA Pre- Approved 10 percent down
- Long term (10 years) SBA loan
- Highly Successful Franchise
- High Volume Operation
- Hard Liquor license included
- Absentee Owner
- Turnkey OPERATION
- Good verifiable books and business records make easy financing
Cta:
1.) 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 purchase funds, SBA lender approval, Operational experience and good credit.
Complete the Non Disclosure Agreement on our website and we will discuss your background and qualifications prior to giving you any financial information . Franchise ownership with this prestigious restaurant and bar opportunity, contingent upon meeting approval and demonstrating financial and operational aptitude. #jimsellsrestaurants No Co-Broker
Financial Information:
Monthly Revenue: $248,000
Monthly Cash Flow: $29,000
Annual Revenue: $2,980,000
Annual Cash Flow: $340,000
General Info:
Ownership: Corporation
Established: 2016
Employees: 5 FT 40 PT
Reason For Sale: Consolidating
Monthly Rent: $14,500 + 4,067 NNN
Expiration: 2026
Facilities:
Square Feet: 8,333
Seating:Contact for Info
Parking: Ample
Licenses: Franchise, health, business, abc 47 license
Days/Hours of Operation: 7 days
RRC# 4711
Location: Central California
To get more information about this Steakhouse Franchise - Highly Successful 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 #285247 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Steakhouse Franchise - Highly Successful, 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: $1,000,000.00
Down: Call/Email
Cash Flow: $340,000.00
Revenue: $2,980,000.00
Area:
City: None Given
Attributes:
My Notes About This Listing
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 4/30/24
This is a great opportunity to get into the bar business. This establishment has been around for over a decade. The neighborhood bar is located in a vibrant setting surrounded by multiple restaurants and other bars. This bar is known for creative and fun cocktails. A local iconic spot with regulars.
Asking Price
$399,999
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284472 | Available | 4/24/24
This is an exceptional restaurant & banquet facility for sale! This is a full-service banquet facility with ABC Type 47 liquor license & ABC Type 58 for catering. They have a seating capacity of over 360. There is vast parking space for guests and it is easily accessible from major freeways.
Asking Price
$4,500,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 282202 | Available | 4/25/24
For an asset sale is a boba and snack shop. This shop has a very good rental rate ($1,900) and is located in the busy shopping center. The size of the store is 600sq. There's a 4-foot-long type 1 hood. Due to the asset sale, finances will not be available.
Asking Price
$99,999
Cash flow
$120,000
Revenue
$840,000
Down
$338,000
Posting: 282386 | Available | 4/25/24
For sale is a charming oyster bar, nestled in the heart of a renowned beach community's bustling restaurant row. With its prime location and inviting front patio, this establishment radiates a vibrant ambiance and boasts tasteful improvements. It comes with an active Type 41 ABC license.
Asking Price
$338,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 286054 | Available | 4/28/24
For sale is a Mexican restaurant that is located inside a major shopping center with a supermarket anchor. No other Mexican restaurants in the complex & cannot open a new Mexican restaurant according to our lease agreement. There is plenty of parking. It has a beer & wine license.
Asking Price
$439,900
Cash flow
Call/Email
Revenue
$4,500,000
Down
Call/Email
Posting: 285309 | Available | 4/24/24
Situated at a prime corner spot on a bustling main block in Los Angeles, this establishment resonates with rich global influences, creating a unique and inviting atmosphere. Boasting adaptable space accommodating up to 140 guests, the venue features timeless design elements.
Asking Price
$825,000
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 4/25/24
This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness.
Asking Price
$285,000
Cash flow
Call/Email
Revenue
$525,000
Down
Call/Email
Posting: 285786 | Available | 4/26/24
This established pizza business is known for its premium pizzas and commitment to quality. While the current owner prioritizes quality over quantity, there's ample room for a new owner to convert to their own vision. It is a prime location in a shopping center with high visibility.
Asking Price
$245,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285056 | Available | 4/25/24
Experience the epitome of elegance and refinement at our renowned establishment, where breathtaking views, exquisite dining, and a romantic ambiance converge to create an unparalleled dining experience. It is recognized as the Inland Empire's premier destination for romance and ambiance.
Asking Price
$2,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$79,000
Posting: 286297 | Available | 4/27/24
A fully built-out (ADA compliant) limited-service restaurant is available for asset sale. The FF&E and location make it ideal for a salad, sandwich, drink, dessert, or prepared food concept. Situated in the Richmond District of San Francisco, it boasts high foot traffic and street visibility.
Asking Price
$79,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 4/28/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
$50,000
Revenue
$380,000
Down
$154,900
Posting: 284866 | Available | 4/30/24
This is your opportunity to own a Baskin Robbins ice cream store in Sunny San Diego County. Baskin Robbins is the #1 ice cream franchise in the World. The store opened in July 2017. The current owner purchased the store in January 2019. It is located in a great shopping center.
Asking Price
$154,900
Cash flow
Call/Email
Revenue
$50,000
Down
Call/Email
Posting: 285949 | Available | 4/2/24
This is an online coffee roasting business with established online marketing. It is fully equipped, worth $40,000. They can roast 100 lbs of coffee an hour. The site was previously a Quizno restaurant so has the potential to be converted into a coffee shop that roasts its own coffee too.
Asking Price
$25,000
Cash flow
Call/Email
Revenue
$1,192,080
Down
Call/Email
Posting: 285382 | Available | 4/15/24
This charming Italian restaurant & bar with a full liquor license is a beloved family-owned establishment and has been an integral part of Santa Barbara for over 25 years, creating a legacy of delectable cuisine and warm hospitality. It is nestled in the heart of Santa Barbara.
Asking Price
$450,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 277870 | Available | 1/18/24
This is a Placer County type 47 liquor license for sale at $240,000. It authorizes the sale of beer, wine and distilled spirits for consumption on the licenses premises.
Asking Price
$240,000
Cash flow
N/A
Revenue
N/A
Down
$70,000
Posting: 284203 | Available | 4/9/24
Located on a bustling street in the heart of Orange County, this chicken wing restaurant offers an exceptional opportunity to own a thriving business in a prime location. Situated in a high-traffic strip mall, this establishment is renowned for its delectable chicken wings.
Asking Price
$70,000
Cash flow
$100,000
Revenue
$720,000
Down
$120,000
Posting: 284940 | Available | 3/27/24
Discover the essence of Venezuelan cuisine in this thriving restaurant, boasting a full liquor license (47-on-sale general) for a complete dining experience. Spanning approximately 3,000 sq. ft., the restaurant offers a spacious setting with a reasonable monthly rent of $6,100.
Asking Price
$340,000
Cash flow
Call/Email
Revenue
$750,000
Down
Call/Email
Posting: 284224 | Available | 12/8/23
Established in 1960, this business stands as a resilient pillar in the fast-food industry, boasting 62 years of continuous operation. More than a mere burger joint, this iconic local establishment offers a diverse menu featuring delectable options. The building spans approximately 700 SF.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284607 | Available | 1/10/24
This is a great opportunity to enter the affluent Solana Beach market and join a large and longstanding shopping center. It has a traditional interior design, fully equipped kitchen with wood burning pizza oven and large covered exterior patio with heat lamps.
Asking Price
$350,000
Cash flow
Call/Email
Revenue
$1,435,000
Down
Call/Email
Posting: 283905 | Available | 1/3/24
Located in the city of East Los Angeles and oozing with character, this great-looking restaurant and bar established in 2014 has a coveted ABC Type 47 hard liquor license, (current value at $140,000). It currently operates a gastro-pub serving lunch and dinner.
Asking Price
$299,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286075 | Available | 4/9/24
For sale is a versatile restaurant and bar venue, equipped with a coveted type 47 liquor license and full entertainment license. This dynamic space offers unparalleled flexibility, allowing you to seamlessly operate as a unified entity or as two distinct businesses.
Asking Price
$399,000
Cash flow
$96,000
Revenue
$550,000
Down
$188,000
Posting: 283945 | Available | 11/20/23
For sale is a ramen, teriyaki, and roll restaurant. They have upgraded equipment and furniture. It is in a cute and good location of Lakewood, Los Angeles County, CA. It si 1,300 sq ft. It is mainly employee-run.
Asking Price
$188,000
Cash flow
Call/Email
Revenue
$1,524,622
Down
Call/Email
Posting: 279756 | Available | 4/1/24
This classically designed, well-established Japanese restaurant is located in a highly visible business park with easy access to just about everything. The interior finishes of wood, slate, and stone transport you to a classic Japanese village. There is a Type 41 beer and wine license.
Asking Price
$200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$150,000
Posting: 285444 | In Contract | 3/1/24
For sale is a Vietnamese restaurant in strip center of busy Mira Mesa Blvd. Rent is $4,200 plus NNN by 1,100 sf. The lease has 2 years left, but you may sign a new lease with landlord. There's a fully equipped kitchen type 1 hood, unit cooler/freezer. It is a good location for different concepts.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$295,000
Posting: 284306 | In Escrow | 3/23/24
This legendary Japanese restaurant is one of the oldest continuously operating Japanese restaurants in California. Its sales have significantly increased since being featured on various social media platforms. The seller is willing to provide support after the completion of the training term.
Asking Price
$295,000
Cash flow
Call/Email
Revenue
$400,000
Down
Call/Email
Posting: 283529 | Available | 1/30/24
For sale is a mochi donut franchise located in a very busy shopping center in Long Beach. The current owner doesn't have enough time to take care of this business and has to let it go quickly. The seller will consider any reasonable offer price.
Asking Price
$99,000
Cash flow
Call/Email
Revenue
$200,000
Down
Call/Email
Posting: 281965 | Available | 8/2/23
This popular Long Beach area live music venue has been a hit with patrons since the middle 1970s. The 2,500+ square foot venue has entitlements for live entertainment, DJs, and dancing.
Asking Price
$390,000
Cash flow
$516,749
Revenue
$2,288,657
Down
Call/Email
Posting: 283208 | Available | 4/26/24
This is a unique opportunity to acquire a profitable, famous bakery in Los Angeles! The bakery serves premium, homemade cakes and cupcakes! The bakery specializes in custom decorated cakes for birthdays, weddings, and more! The bakery has an established reputation for delicious, beautiful cakes.
Asking Price
$1,400,000
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
ServingCity Of San Francisco
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
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I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
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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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Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
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