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Advert Ref: 1163

Upscale Fine Dining with Bar & Hard Liquor For Sale

Details: Asking price:$425,000; Sales revenue:$1m < 5m; Net profit:< $250k; Fixtures value:Undisclosed; Inventory value:$40,000

Business description: Selling Restaurants is proud to present this rare opportunity to own and operate and highly respected upscale Restaurant with decades of history in the Sacramento area. This is an ICON! Many years of consistent sales and profits make this business a must own and a rare opportunity. Owner has other personal interest demanding his time and is retiring and is motivated to sell. This listing is not part of any chain but does require the utmost confidentiality.
Buyers must complete forms stating experience and financial status before the name and address will be revealed.

There is a Bar and seating for 100 and a nice outdoor Patio area. A full type 47 liquor license is included.
The lease is extremely attractive with many years of operation remaining.

General information: Years established:1974; Employees: 25 f/t 25 p/t; Trading hours: Lunch Tuesday-Friday 11.30am-2.00pm, Dinner Tuesday-Sunday 5.30pm-9.30pm; Real Estate: Lease; Financing available?SBA approved, owner carry back 30%