About this business
This well-established independent Mediterranean restaurant is located in North Sacramento in a desirable shopping center. The business operates from a standalone building spanning over 6,000 square feet, which includes a large patio area. Under current ownership for five years, the restaurant has built a loyal and repeat customer base and is known for its quality food, inviting environment, and exceptional dining experience. Annual revenue is approximately $1,400,000. The monthly rent is $14,000. There is potential to increase income by adding a bar service. The asking price is $999,000 with a down payment of $200,000. The business is pre-qualified for an SBA loan and comes with training and support for the new owner.
Financial overview
Location
Sacramento, California
Bridge Analysis
Pro featureSee whether this asking price is high or low for its industry, compared to what businesses like it actually sell for.
Bridge's independent estimate of a fair price range, derived from industry multiples.
Industry trends, key value drivers, and the risks to weigh before you make an offer.