Category:
SF10114 - Restaurants
Location:
Northern California - Central Coast
Business Description:
This destination vegetarian restaurant has been serving the Central Coast for over 40 years. The current owner has been operating the restaurant since 2005 and has continued to provide quality vegetarian and vegan food to the community. The business has consistently produced $1.7mm+ in revenue and $180K+ in SDE. This is a proven concept that can be duplicated if a new owner is interested in expansion or franchising. The restaurant has a full-time manager and assistant manager in place that handle the day-to-day operations. A new owner does not have to cook or manage the day-to-day if they wish to concentrate on growth and admin responsibilities.
6 Months Ended
6/30/2019
$797,672
(Sales)
$93,657
(Adjusted Cash Flow)
12 Months Ended
12/31/2018
$1,702,628
(Sales)
$206,336
(Adjusted Cash Flow)
12 Months Ended
12/31/2017
$1,777,229
(Sales)
$220,418
(Adjusted Cash Flow)
12 Months Ended
12/31/2016
$1,793,091
(Sales)
$266,447
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 4 | 20 |
| Owners | 0 | 1 |
Hours of Operation
Mon-Sun: 9am-12am
Licenses Required:
Monthly Rent Including NNN:
$11,320
Expires:
3/31/2020
Option:
No
Size(sq.ft.):
3,285
Type of Organization:
S Corp
Reason for Sale:
Open something closer to home
Training:
2 weeks 20 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.