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Nicely Appointed Restaurant With Chef’s Kitchen, Attractive Dining Room & Annual Revenue Of $732,000

Shingle Springs, El Dorado County, California, 95682, United States of America
$285,000

Business For Sale Details

Updated on March 17, 2020 at 4:30 pm

  • Property ID: 3676
  • Price: $285,000
  • Building: 2828 sq. ft.
  • Type: Restaurants, Food & Beverage
  • Status: Business For Sale
  • Revenue (Annual): $500,001-$1,000,000
  • Payroll (annual): $273,804
  • Rent: $4,000 including NNN
  • Lease Expiration: 2020
  • Year Established: 1995
  • Current Ownership: 2015
  • Reason For Sale: Other Interests
  • Employees: 17
  • Revenue (Yearly): $732,719
  • Days/Hours of Operation: Mon - Sat 11am - 9pm
  • Seating: 49
  • Parking: structure and street
  • Licenses: Health, Business, ABC Type 41 Beer and Wine
  • Lease Security Deposit: $4,000
  • Lease Options: Two 5 year options

Description

This is a unique opportunity to own and operate this highly reputed restaurant in the Sierra Foothills. No expense was spared on renovations 2 years ago, modernization for practical purposes while keeping the charm of this historical high street location. Sales have been increasing by $100,000 annually since 2015, in part due to the renovations but also the quality & style. Now complete with a charming interior, comfortable yet elegant setting in this historic downtown. A well known establishment in the local community as well as with many bay area followers traveling toad from South Lake Tahoe. The owner now wishes to pass on his experiences and love for excellent quality to an equal minded new owner. Featuring a seasonal menu plus local beers and wines from the many local wineries across the way. Excellent dining experience serving lunch and dinner, using the freshest ingredients, including locally grown produce whenever possible with established vendor relationships in the area, providing catering to local wineries and wedding venues. Long lease terms & low rent along with a fully equipped kitchen, prep area with walk-in refrigerator, 8 burner/2 oven/flat-top range, double convection oven, large mixer/grinder, blenders and food processors with a list too long to mention. To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long term SBA loan solution please complete the ‘Non Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & full list of equipment included with the sale. We’ll also send you the Broker’s direct contact information so you can discuss this opportunity in more detail.

Business For Sale Location:

  • Location: Shingle Springs, El Dorado County, California, 95682, United States of America
  • City / County: Shingle Springs
  • Country: United States

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