Category:
PH3870 - Food and Beverage
Location:
Northern California - Northern California
Business Description:
Priced to sell. Price reduced twice. Full-Service Family Restaurant & Lounge serving the public for almost 40 years doing almost two million dollars in gross sales with over 260K Adjusted Net is available for sale. This is a 24 hour operation with a very active lounge located in Modesto. Perfect family business. Clean books and records. Sales are 13.7% ahead of last year. Growing Mall location. SBA pre approved. Clean books and records. All lottery games. Full liquor license.Rent is $10,322 with a 5905 Sq. ft. facility
Inventory (included):
$15,000
Financial Data Not Available
| # of Employees | Full Time | Part Time |
| Non-Owners | 10 | 25 |
| Owners | 1 | 0 |
Hours of Operation
24 hour operation
Licenses Required:
Monthly Rent Including NNN:
$12,085
Expires:
5/31/18
Option:
No
Size(sq.ft.):
5,905
Type of Organization:
S Corp
Reason for Sale:
Retirement
Training:
3 weeks 40 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.