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Well Established Jeffery’s Restaurant In Great Santa Cruz Location

Santa Cruz, CA, USA
Updated 1 day ago
Established 1985

PRICE LOWERED TO $120,000. GENEROUS SELLER FINANCING POSSIBLE FOR APPROVED BUYER. Comments/Additional Terms: Temporarily closed. Jeffery's Restaurant in Santa Cruz is an excellent chance to obtain a very established, “go to” family restaurant in a high traffic area in a great Santa Cruz location. Parking? Lots of it, with good ingress and egress. Well established for 40 years, it is time for the current owner to move on and slow down. Bring your own concept, or retain the very complete and time-tested current menu. Breakfast, lunch, and dinner items all prepared in-house by the experienced kitchen staff. The restaurant currently features a variety of omelets, burgers, soups, salads, steaks, as well as vegetarian options. The business stays busy year round, with very little seasonality. A strong and loyal following includes families, seniors, business people, students, locals, and tourists. High employee retention and loyalty is also a plus. Type 41 beer and wine license include as well. Gross sales: $1,724,469. 3 year average SDE: Call.. 2 year average Price: $120,000 + inventory Size: 3850 SF indoors. Buyer to verify. Seating: 125 Type 1 hood ADA compliant restrooms Employee break room 26 ft base refrigerator Walk in freezer 6 ft cold table 5 ft salad station Produce walk-in cooler HIGHLY CONFIDENTIAL. CALL OR EMAIL BROKER DIRECTLY FOR NDA. Ad#:2417512

Financing

Some seller financing possible for approved buyer

Date Added

Added 5 months ago

Listing Id

C4324

Reason for Selling

Owner wishes to slow down and work less

Financials

Asking Price
$120K
RevenueMost Recent Year
$1.7M
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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