Sold
IDEALLY LOCATED RESTAURANT IN PLACERVILLE, CA - SC2101
IDEALLY LOCATED RESTAURANT IN PLACERVILLE, CA - SC2101
Financial Information
- Asking Price: $109,000
- Cash Flow: N/A
- Gross Revenue: N/A
- Down Payment: $109,000
- Financing: Yes
- FFE (Included): $ 70,000
- Inventory: N/A
Business Location
- Placerville, El Dorado
Business Description
This Northern California based restaurant is perfectly placed on Main Street in Placerville, CA and has closed their doors a few weeks ago and they are selling all the Furniture, Fixtures and Equipment along with transferring their lease to a new owner. All equipment is in good working order, and much is relatively new. The business does have a strong following. The previous restaurant served comfort foods and steaks, sandwiches, burgers, salads, etc., and their customer base is eager and waiting for a new restaurant to open.
Financing Description
Seller Financing available dependent on price offer and quality of the Buyer
Competition
Placerville, CA is a significantly growing location in El Dorado County and is a great stopping point for those traveling on Route 50 to Lake Tahoe. While there are other restaurants in Placerville, there is still a need for more and this location is PERFECT for a restaurant to be established.
Support & Training
No training is available as this is just an equipment/asset sale and lease transfer.
Reason for Selling
The Seller is selling as he is exiting the restaurant business and wants to pursue other interests.
Detailed information
- Year Established: 2021
- Home Based: No
- Franchise: No
- Relocatable: Yes
- Required Licenses:
- Is Property Leased: Yes
- Real Estate Included: No
- Real Estate Available: N/A
- Real Estate Value: N/A
- Part-time Employees: N/A
- Full-time Employees: N/A
- Building Size: 2400 sq ft
- Monthly Rent: $4,000
Broker: ProEquity Asset Management Corporation License ID: 01870526
Listed By: Adriana Sargent
Background information
Reference:
SC2101
Year established:
2021
Reason selling:
The Seller is selling as he is exiting the restaurant business and wants to pursue other interests.
Operations
Employees:
N/A
Equipment:
Upon Request
Inventory:
N/A
Premises
Facility:
Building Size:2400 sq ft Is Property Leased: Yes Real Estate Available: No
Square footage:
2400 sq ft
Rent and lease terms:
Monthly Rent: $4,000
Location:
Placerville, El Dorado County
Opportunities
Market:
Placerville, CA is a significantly growing location in El Dorado County and is a great stopping point for those traveling on Route 50 to Lake Tahoe. While there are other restaurants in Placerville, there is still a need for more and this location is PERFECT for a restaurant to be established.
Price and terms
Price:
$109,000
Down payment:
$109,000
Financing:
Seller Financing available dependent on price offer and quality of the Buyer
Training:
No training is available as this is just an equipment/asset sale and lease transfer.