SBA Approved & Absentee Run American Full-Service Restaurant Franchise in NorCal - SC2256

This casual American full-service restaurant chain is a Northern California C Corporation and has been in operation for the past 24 years under the current ownership. The Franchisor has been in business for over 65 years as a go-to spot for breakfast, lunch and dinner. Known for its comfortable “come as you are” atmosphere, it serves as a popular, often late-night, dining option with a wide, reasonably priced menu. They have almost 1,800 locations across the United States and 13 countries outside of the US. The one ingredient that is always constant – a smile. This business is an absentee owned business.

Financial Information

$690,000 Asking Price
$250,000 Cash Flow
$1,500,000 Gross Revenue
$690,000 Down Payment
$170,000 Adjusted EBITDA

Business Location

City: Northern California
State: California

Reason for Sale

The Sellers are selling to pursue other interests.

Detailed information

Year Established: 2002
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: Yes
Full-Time Employees: 7
Part-Time Employees: 9
Contractors: N/A
Owner Worked Hours/w: 5
Inventory Included: Yes
Inventory Value: $10,000
Monthly Rent: $14,188
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 5000
FF&E Included?: Yes
FF&E Value: $45,000

Training/Support

The Seller is willing to provide training at 30 hours per week for 2 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.

Facilities

This business operates out of 5,000 square feet with a base rent of $14,188 per month and monthly CAM charges of $1,351. The current lease expires in September 2027.

Market Outlook/Competition

Casual dining restaurants hold a staggering 72% market share in the Full-Service Restaurants Market due to their broader cuisine choices, diverse menus, and greater accessibility. These establishments cater to a wide range of tastes, offering everything from comfort food to international cuisine, making them appeal to diverse customer preferences.The North America Full-Service Restaurants (FSR) Market is expected to grow at a 2.5% CAGR during the forecast period 2025 to 2032.

CA 02100708; NV 1003039

Listed By: Clarissa Suratos

Background information

Reference:

SC2256

Year established:

2002

Reason selling:

The Sellers are selling to pursue other interests.

Finance

Sales:

$1,500,000

Operations

Employees:

Full-Time Employees: 7 Part-Time Employees: 9 Contractors: N/A

Equipment:

FF&E Included?: Yes FF&E Value: $45,000

Inventory:

Inventory Included: Yes Inventory Value: $10,000

Furniture fixtures and equipment:

FF&E Included?: Yes FF&E Value: $45,000

Premises

Facility:

This business operates out of 5,000 square feet with a base rent of $14,188 per month and monthly CAM charges of $1,351. The current lease expires in September 2027.

Rent and lease terms:

Monthly Rent: $14,188

Location:

City: Northern California State: California

Opportunities

Market:

Casual dining restaurants hold a staggering 72% market share in the Full-Service Restaurants Market due to their broader cuisine choices, diverse menus, and greater accessibility. These establishments cater to a wide range of tastes, offering everything from comfort food to international cuisine, making them appeal to diverse customer preferences.The North America Full-Service Restaurants (FSR) Market is expected to grow at a 2.5% CAGR during the forecast period 2025 to 2032.

Price and terms

Price:

$690,000

Down payment:

$690,000

Training:

The Seller is willing to provide training at 30 hours per week for 2 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.