Business Overview
About the Company
For sale is a well-established franchise restaurant & bar for sale located in a most active location in an affluent area of Roseville, California. This franchise restaurant is located on one of the busiest streets surrounded by offices, banks, and residential homes. This restaurant is known for large private dining for corporate meetings. The current menu serves American dishes which include great burgers, pizzas, salads, sandwiches fries, and wings with an American-style full bar, fully staffed with very high-quality employees. The current owners are running this restaurant as absentee owners.
This is a very popular franchise in California and new owners can operate themselves and extend the hours of the restaurant and increase dining and deliveries. It is a golden opportunity for a hands-on owner-operator to take this business to the next level. It has very consistent reviews & a significant following in the community, making this business a must-have for restaurant buyers. This restaurant has a full bar and types 47 licenses and just alone the license value is over $300,000. Also, this restaurant has two full kitchens and the current owners are using only one kitchen it is a great opportunity for a new owner to use both kitchens.
Yearly sales are over $2,400,000 and the restaurant is over 5700 sq. ft. Including the two patio areas with ample parking and rent is $16000 per month. The lease expires on 12/2029. There are two (5) five years renewal options available. There are ample dining room seats, much outside seating on both patios, 30 seating in the bar, and a large seating area with a separate room for private meetings. So, the total seats are over 350.
The licenses required are an ABC liquor license 47 & 58 & health permit. The hours are from Mon-Thu: 11-8 pm, Fri-sat: 11-9 pm & Sunday: 10-8 pm. There are 3 full-time and 36 part-time employees. The asking price is 800,000 plus inventory and this business is pre-qualified for an SBA loan with a 30% down payment.
All information contained in this offering memorandum resulted from representations by the seller. The listing broker Narinder Singh cannot and will not verify the accuracy or completeness of any information. Sellers and purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process. To get more information about this franchise American restaurant sign the NDA.
To get more information about this American Restaurant And Bar Franchise business for sale in Roseville please phone Narinder Singh (Intermediary, Agent - BRE License #:01719546) at 916-240-4700 Cell and 916-240-4700 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #278712 on BizBen.com. In addition to phoning Narinder Singh, make sure you email Narinder Singh above to get more info about this American Restaurant And Bar Franchise, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01719546. Nationwide Homes & Lending.
