Established 2014 - Franchise Italian Restaurant in Modern Strip Mall

Established 2014 - Franchise Italian Restaurant in Modern Strip Mall Located in Merced County

RRC# 4873
Location: Merced County

Description:
The Franchise started in Sacramento in 1987. Now, nearly 30 years later and still under the original ownership, the many restaurants are still successfully serving the original area and locations along central and northern California. This Italian restaurant concept prides itself on serving both classic Italian dishes such as Spaghetti and homemade Meatballs and Tortellini chianti but also modern and equally unforgettable dishes like Salmon balsamic, zesty Cioppino and our famous gluten free and vegetarian "zoodles". The current owners opened this business with the Franchise in 2014 which is a fully equipped 3,000 sq ft restaurant with a 1,700 sq ft outdoor patio. With its 20 long term loyal employees and management, this ‘Owner Absentee restaurant has 10 years of established goodwill and is a favorite amongst locals and visitor alike. Open daily, with an ABC type 41 beer and wine license and all the ease of owning a Franchise. This Franchise concept need not remain as other concept ideas could be introduced. Located on I-99, Merced is surrounded by fields of vineyards and many established wineries and the gateway to Yosemite National Park. The university of Merced is expanding and modernizing with a current enrollment of 10,000 students, while the city is growing with new hotels, restaurants and entertainment. This business would make a perfect owner operator restaurant suitable for first time Buyers to enjoy entrepreneurship. To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

Financial Information:
Monthly Revenue: $91,700
Monthly Cash Flow: Contact for Info
Annual Revenue: $1,100,000
Annual Cash Flow: Contact for Info

General Info:
Ownership: Inc
Established: 1987
Employees: 23
Reason For Sale: Other Interests
Monthly Rent: $7,900 in CAM charges
Expiration: New Lease Negotiable

Facilities:
Square Feet: 3,000 + 1,700 Patio
Seating: 95 + 40 Patio
Parking: Parking lot
Licenses:ABC type 41, Business & Health Permit
Days/Hours of Operation: 11.00am - 9.00pm Daily