Advert Ref: 5135

Successful Restaurant Brand With 2 Locations For Sale

  • Healdsburg/Santa Rosa, California - North
Asking price:
$765,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

Wildly popular restaurant brand features classic, regional cuisine in a well-kept, beautifully designed environment. The flagship location has always enjoyed profitability with revenue growth year after year. The second location was opened in mid 2017 and was showing profitability prior to the pandemic. Under pre-Covid conditions, both restaurants operated 7 days/week for breakfast and lunch. Owner is currently operating the Healdsburg location with outdoor seating and take-out. Both locations enjoy below market rent with long term leases and both are licensed with a Type-41 Beer & Wine license. This opportunity is ready for a new owner to hit the ground running as both locations are in immaculate condition and seller will provide necessary training.

HEALDSBURG LOCATION:
- Restaurant is 1800 sqft (approx.) and located in a beautiful and unique building with great street visibility with an inside occupancy of 45 (approx.) and seating for 70 outside as well as a 400 sqft (approx.) office and storage area

- Current Rent $3,100 per month. Current term expires February 28, 2027 with a 10-year option

- Founded in 2012, the restaurant operates 5 days per week: Thursday-Monday 11:00am-3:00pm

- Ample private parking onsite

SANTA ROSA LOCATION:
-Restaurant is 2,020 square foot (approx.) & located in the heart of downtown with an occupancy of 73 (approx.) and a dedicated 2-stall parklet for outside dining during Covid restrictions

-Rent $3,662.26 per month plus $523.60 CAM per month. Current term expires May 31, 2027 with two, 5-year options

-Pre-Covid, owner worked full-time between the 2 locations with 8 full-time and 4 part-time at this location

-Ample parking with access directly to the restaurant from large, public lot

-Restaurant opened at this location in June 2017 and is not currently operating

Price Includes: Furniture, fixtures and equipment, leasehold improvements brand, trade name (which is trademarked), menu and recipes, goodwill and the leasehold interest are included in the sale. Some personal items may also be excluded.

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers with regard to this information.

Property:
Leasehold

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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