SellingRestaurants has a one of a kind opportunity to own a highly rated and Profitable Casual Fine Dining spot in the heart of El Dorado county at a bargain price!
This El Dorado county Favorite just celebrated its 17th successful year in business.
AREA: This is a great area of the Sierra Foothills with ton of outdoor opportunities, shopping and lifestyle enhancements with excellent demographics in this great community. This restaurant has a great relationship with many of the local wineries who recommend this Restaurant as the place to go for Delicious Food, Atmosphere & Wine!
The location is in on a busy main street with lots of foot traffic, yet retains it's cozy and comfortable feel.
Menu: This restaurant has a focus on Fresh ingredients and local wineries. The 150+ wine list features many local El Dorado County wines. The owner has many years of experience and recipes and will include a sufficient menu of favorites, if desired, for ongoing success. Or.......This can be the menu your experience and passion desires. This restaurant can easily accommodate Asian, Indian, American, Fusion, Italian or any combination there of would be welcome.
Revenue: This restaurant is Profitable showing an adjusted net of $78,964 for 2011, while serving Dinners only 5 days per week.
Rent: Rent is reasonable at $2,000 per month.
Upside: If your looking for potential with a solid customer base, great reputation and tons of great relationships( local wineries ect...) ...You will have to look hard to find a better value for your money! This restaurant came in 2nd place in the KCRA "A" List for New-American Restaurants in the whole Sacramento valley with over 94,000 votes. How's that for a bit of Goodwill!
The current owners used to serve lunch which was very profitable and customers routinely ask if lunch will make it's way back on the menu! The owners also have catering opportunities with nice margins as well!
There is a very nice outdoor patio to relax to, while listening to running water in the adjacent creek running below the deck.
The sale includes all the equipment and resources to succeed, including e mail contacts, a blog spot and a Facebook following. They are also highly recommended by the local chamber of commerce, Wineries and Bed & breakfasts associations. The owners are also the landlords and have a interest in your success as your landlord. This is a unique relationship for a restaurant owner that is hard to find these days.
Reason for Selling: The sellers have over 35 years in the business and are ready to retire.
This is a Paramount Restaurant Brokers, Inc. Listing, a California Corporation
Population | 5-mi |
---|---|
2014 Total Population | 35,985 |
Households | 5-mi |
2010 Number Of Households | 14,820 |
2010 Persons Per Household | 2.43 |
Median House Value | $314,300 |
Income Per Household | $57,468 |
Businesses | 5-mi |
2009 Number Of Businesses | 926 |
2012 Number Of Employees | 21,814 |
2012 Total Annual Payroll | $396,386,000 |
DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.