Chico Restaurants For Sale
Upscale Southeast Asian Restaurant in Downtown Chico Area
SellingRestaurants has a nice Asian restaurant in Downtown Chico in turn key condition. This is a beautiful restaurant build-out that you've got to see for both location and quality.
Location: Only minutes away from Chico State on one of the busiest streets in the area, all you need to do is bring your new concept here or continue with this Southeast Asian menu. The location is a Excellent !
Kitchen: The Kitchen is very adequate with ample space to work in. All the equipment, small wares, Dining tables and chairs included.
This restaurant can accept many concepts including.... Indian, Asian, Bistro, Italian.....just about any type of restaurant would do well in this culturally rich area in Prime Old Town Chico.
With the right energy and niche this place could be huge because it is located in the heart of Chico's night life with all sorts of restaurants, bars and clubs. There is a type 41 Beer and Wine available for Transfer.
Lease: The rent is currently negotiated at $3,000 per month. Landlord is willing to negotiate new lease terms and deposit for a right tenant and business.
The current owner has a good reputation and was mentioned as 2007 Best Thai food Chico.
Reason for selling: The current owners have been in business over 6 years and want to retire due to the passing of a family member. The business is being operated on part time basis at the current owners discretion.
Financials are not available as the owner is not fully working the business to full potential. Operating costs for utilities are available for a benchmark of current expenses.
The owner is motivated and will consider offers and carry a portion of the balance for a qualified operator.
Make an offer Soon before its gone!
Restaurant Broker Scott Beaton DRE License #01853968
Lease
Operations
Sun, Mon: Closed
Tue - Sat: 11:30am - 2:30pm
Dinner
Mon: Closed
Tue - Thu, Sun: 5pm - 9m
Fri , Sat: 5pm - 10pm
Facilities
Highlights
- Excellent Downtown Locale
- Turn Key
- Upscale tenant improvements
- Owns all equipment
- Beautiful Decor
- Chico State Students can walk to Restaurant
- Super Busy area
Financing
Demographics
| Population | 1-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 36,773 | 73,162 |
| Households | 1-mi. | 5-mi |
| 2010 Number Of Households | 14,480 | 29,899 |
| 2010 Persons Per Household | 2.43 | 2.38 |
| Median House Value | $294,600 | $281,965 |
| Income Per Household | $45,224 | $42,126 |
| Businesses | 1-mi. | 5-mi |
| 2009 Number Of Businesses | 1,185 | 2,197 |
| 2012 Number Of Employees | 32,876 | 59,120 |
| 2012 Total Annual Payroll | $510,887,000 | $1,017,997,000 |
click for more demographic info
Disclaimer
DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.