Absentee Seafood Restaurant for Sale or Asset Sale (2nd Gen Space)

Financial summary

Asking Price

$350K

Cash Flow (SDE)

$143K

Gross Revenue

$1.5M

SDE Multiple

2.4x

SBA financeability

Businesses in food services & beverage retail are commonly SBA-financed. The figures below are the industry-category norm from SBA 7(a)/504 lending, a gauge of how financeable a deal like this tends to be.

Food Services & Beverage Retail benchmarks

Active lenders in this category: The Huntington National Bank, U.S. Bank, National Association, Manufacturers and Traders Trust Company.

Based on 52,309 SBA loans · source: SBA 7(a)/504 FOIA, as of 2026Q1 · industry-category level.

Detailed information

Location

Concord, CA

Industry

Food & Beverage

Source

bizben

First indexed

Jun 14, 2026

Data quality

Excellent (95/100)

low multiple and priced below 1.5x revenue.

Key points

• •Seafood restaurant in Concord, CA generating $1.52M sales and ~$143K net income (2025); asking $350K.
• •Currently semi-absentee operated; 4,633 sq ft space with Type 47 liquor license; lease through July 2030 plus one 8-year extension option.
• •Rent + NNN/CAM approximately $12,922 monthly; seller motivated due to focus on other ventures.
• •All-cash or unsecured lending only—no SBA loans or seller financing available.
• •Convertible to second-generation restaurant concept or asset sale structure.

Business description

***MOTIVATED SELLER - ABSENT OPERATED - CONVERTIBLE CONCEPT - TYPE 47 LIQUOR LICENSE*** Currently Absent Operated, this long-standing seafood restaurant is perfect for a more dedicated owner-operator where the profits have more room for growth. This is also priced as a convertible asset-sale/second generation restaurant space with type 47 liquor license. Business Type: Seafood Restaurant or Asset Sale/2nd Generation Restaurant Space City: Concord, CA Asking Price: $350,000 Sales (2025): $1,518,849 Net Income (2025): ~$143,168 Rent + NNN/CAM: ~$12,922 (estimated all-inclusive) Lease Expiration: July 2030 with (1) 8 year option to extend Size: 4,633sf Operations: Semi-absentee Financing: All-cash only; Unsecured Lending available! No SBA loans or seller financing. Reason for sale: Seller is focused on other business opportunities. This is perfect for a more dedicated owner operator.a more dedicated owner operator.

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