Lucrative American Style Restaurant with an Excellent Reputation
***SOLD***
Listing ID: RESCSC
$1,350,000Cash Flow: 550000
Santa Cruz County, California
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Nestled in picturesque Santa Cruz County, California, this exquisitely maintained restaurant has been a steadfast fixture in the community, earning a stellar reputation over the years. In a prime location, the restaurant has weathered the test of time, maintaining strong and consistent revenue, even amid the challenges of the pandemic when others faltered. Based on the YTD financials, gross revenue and profit for 2024 on track to reach new heights!
This culinary gem has its roots firmly planted in casual American cuisine and is renowned for its award-winning burgers. Here is a golden opportunity. The owners have laid the groundwork for your success, with strong systems, well-maintained and constantly updated equipment, and an excellent team. The restaurant enjoys excellent reviews from Yelp, TripAdvisor, Facebook, and Google.
Beyond its signature burgers, the restaurant’s menu caters to a diverse clientele, offering a variety of options. Sourced with local and organic ingredients, the food quality is superb, which is why locals and tourists become repeat customers. An ABC Type 41 is included, permitting the sale of beer and wine on the premises.
Step inside and you will find a welcoming ambiance with ample seating for patrons. The restaurant not only emphasizes indoor dining, but also taps into the lucrative takeout market. The is also spacious and attractive outdoor seating for patrons to savor their meals in the delightful Santa Cruz County weather. The patio is dog-friendly. The business has its own parking lot plus plentiful street parking, allowing convenient access for guests.
The restaurant is attractively furnished, which includes a well-equipped kitchen. The owners are committed to facilitating a seamless transition by offering training and support to the new owner. The sale is due to a plan for a much-deserved retirement.
If you live or want to live in Santa Cruz County and want a successful, turn-key restaurant that’s immediately profitable, now’s your chance! This is a rare opportunity just waiting for a qualified restaurant operator!
Acquisition is SBA lender pre-approved. Qualified restaurant operators only. In addition to signing an NDA, a Buyer Qualification form must be completed to be considered a qualified candidate to receive information on this opportunity.
Inventory is in addition to the business purchase price. Typical inventory is estimated at $20,000 at cost.
Contact [email protected] or call 831-625-5581 today.