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Fine Dining Restaurant For Sale: Superb Sacramento Restaurant with Banqueting

Listing 1611 Add to Favorites Printable Page Bookmark and Share Return to Listings
Selling Restaurants is proud to present this rare opportunity to own and operate this highly respected upscale Restaurant with decades of history situated in the Sacramento area. This restaurant is not part of any chain but does require the utmost confidentiality.
The Owner is also willing to carry a portion of the asking price, but only to extremely qualified, experienced Buyers.

There is a Quaint Bar seating about 30 and the Restaurant seats 85. A must see beautiful outdoor Patio Garden area (probably the nicest in Sacramento) seating a further 100 and a type 47 Full liquor license is included with this sale.

This is a high volume, $1.4 million (2008) independently owned restaurant with years and years of Goodwill that a buyer would be proud to own and operate.
Full Financials are available, but are only released to qualified buyers.
The lease is extremely low at 5% of sales with many many years remaining.
No time wasters please!

TAKE THE NEXT STEP. Select the bright orange button below title "want name and address." Register if you're a new client and sign the online "Confidential Agreement." Then contact the Agent directly via email, submitting your experienced Resume and financial ability to purchase. This will also place you on our exclusive Buyer's e-mail list, giving you first look at our new listings.


General Information
Listing Status: Sold
Price: $495,000
Location: Sacramento
Last Year's Annual Gross: $1,466,855
Lease Information: 21 Years Remaining with options.
Monthly Rent: $4,500
Liquor License: 47
Indoor Seating: 100
Outdoor Seating: 100
# of Part-Time Employees: 25
# of Full-Time Employees: 25
Hours Open: Dinner 5:00pm - 9:30pm. Closed Monday's.
Year Established: 1974
Inside Sq. Ft.: 3000
Hood System: Yes
Highlights
  • Highly respected, Fine Dining establishment
  • Award Winning
  • High Volume $1.4 million Gross Sales in 2008
  • Under present Ownership for over 20 years
  • Beautiful Building in first class condition
  • Owner willing to carry a portion of the sale to Qualified Buyers
  • Turn Key
  • Percentage lease at only 5% of monthly sales!
  • 35 years a restaurant
  • A Beautiful Garden for Weddings and Special Events
  • A must see
  • Full Financials available to qualified Buyers
  • .

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The information contained in this offering profile was provided by the Seller and is believed to be accurate. Selling Restaurants has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents the last year's owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.

 

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