MergerPlace

Iconic Bakersfield Restaurant & Catering, with Two Locations

Bakersfield, California (Kern)


  • Asking Price: $235,000
  • Gross Income: $1,304,749
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $100,000
  • Listing ID: #210077
  • Established: 1984
  • Employees:

Business Description

An iconic and profitable business with two locations and three decades of history. Over $1million in annual sales and 10% net profit margins. Reduced lease by $200/ month in one location, new flooring in the other. Management in place. If you’ve ever dreamed of owning a profitable and popular restaurant, here’s your chance.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: California
Metropolitan Area: Bakersfield
County: Kern

Company Information

Year Established: 1984
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $235,000
Gross Revenue: $1,304,749
EBITDA: $133,719
FF&E: $100,000
Seller Financing Available: Yes

Property Information

Reason for selling:

Retirement

Support & Training:

Seller will negotiate a transition period

Contact Business Seller

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Business Listed By:

Russ Allred

Sunbelt Bakersfield