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#2247
Sacramento Restaurant For Sale

Casual Upscale Dining Restaurant in El Dorado County w/Beer and Wine

$55,000
Sold
Casual Upscale Dining Restaurant in El Dorado County w/Beer and Wine
This Listing is Sold

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

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
New Lease 5 + 5 year option
Total Monthly Rent:
$2,000

Financials

Last Year's Annual Gross:
$284,117
Last Year's Owner's Cash Flow:
$78,964
Last Year's Food Cost %:
32
Last Year's Rent %:
8

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
9
Hours Open:
Tues.- Sat. 5-9 pm
Year Established:
1995
Hood System Type 1:
Yes

Facilities

Indoor Seating:
48
Outdoor Seating:
30
Inside Sq. Ft.:
1,220
Outside Sq. Ft.:
1200

Highlights

  • Profitable!
  • Great owner operator opportunity
  • Busy street location
  • Historic Gold Rush! Town
  • Outdoor dining with creek running along side
  • Huge wine selction and sales
  • Well known Local favorite
  • Seller will consider owner financing with at least 60% down
  • Comfortable and Casual Atmospere in Fine Dining

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

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

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, 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.

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