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Upscale Fine Dining Restaurant with Full Bar

Fresno, California Food Services Est. 2020 Relocation

About this business

This is a fully updated, turnkey fine dining establishment located in a desirable northeast Fresno area with excellent visibility and convenient access to established neighborhoods and commercial activity. The restaurant operates in a spacious 2,400 square-foot space with a beautifully updated interior, ADA compliance upgrades, and a full bar backed by a Type 47 alcohol license. All major systems and equipment have been recently updated, including plumbing, electrical, counters, walk-in cooler, ice machine, and three AC units, ensuring the business is ready to operate immediately. Annual gross sales reach up to $914,000, with monthly rent of $5,000 including CAM charges. The business was established in 2020 and is not a franchise, offering buyers the flexibility to maintain the current fine dining concept or pivot to a different restaurant type. Growth potential exists through extended operating hours, addition of a lunch menu, and online delivery integration. The seller will provide support and training to facilitate a smooth transition. This opportunity is ideal for serious buyers with proof of funds.

Financial overview

Gross Revenue $914K
SDE $140K
EBITDA Not disclosed
Fixed Assets Not disclosed
SDE Multiple 3.42×
Revenue Multiple 0.52×
SDE Margin 15.3%
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Location

Fresno, California

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Asking Price $479,000