Coffee & Pancakes Nets $170,000 yr. $85,000 Dn. Assume 3.75% - Business for Sale
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Breakfast and Lunch Café in Sonora, CA
Sonora, CA, US
Added 16 days ago
Food & Beverage, Retail Stores
36 years in business
Absentee / Semi-Absentee
Breakfast and lunch café operating for over 35 years in Sonora, CA, serving customers daily from 7:00 am to 3:00 pm.
Key Information
Asking
$430K
Revenue
$1.9M
Earnings
$170K
Multiple
2.5x
Key Highlights
- Annual net income: $170,000
- 36 years in operation
- Open 7 days a week, 7:00 am to 3:00 pm
- Staff includes 6 cooks, 4 dishwashers, 8 waitresses, and 5 hostesses
- Buyer injects $85,000 down (includes $10,000 inventory) and assumes approx. $345,000 EIDL loan at 3.75% interest
- Payroll runs over 37%, food cost recently reduced to 21.67%
- Seller currently only involved in banking two days per week
- Seller willing to stay on for up to 4 months post-sale
Contact Info
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