Upscale Restaurant And Bar, SBA Approved For Sale - Business for Sale
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Upscale Restaurant and Bar in San Joaquin County, CA
CA, US
Added today
Upscale Restaurant and Bar
Retiring Owner
Restaurant and bar offering Mediterranean, Southeast Asian, European, and UK-inspired cuisine with craft cocktails, located in San Joaquin County, California, operating from a two-story building with a residential unit.
Key Information
Asking
$899K
Revenue
$2.8M
Earnings
$490K
Multiple
1.8x
Key Highlights
- Established in 2022
- 12 full-time and 6 part-time employees
- Total building size: 6,846 sq ft (restaurant: 5,983 sq ft; residential studio: 863 sq ft, can be rented separately)
- Lease: 10 years with options to renew; total monthly rent: $17,291 (includes $15,556 base rent and $1,735 triple net charges), with a 4% yearly increase
- Seating capacity: main-level dining room 60, lounge 60, bar 20, patio 20, upper-level private dining room & patio 40
- Type 47 liquor, health, and business licenses are transferable
- SBA approved for financing
Contact Info
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