PARADISE IS ONE PURCHASE AWAY: Are you looking to get away to a small quiet city where the weather is a close to Southern California weather as anywhere outside of Southern California where the summer days are warm with low humidity (80's and 90's) and the evenings are perfect with beautiful blue skies and the winters are moderate (50's and 60's) with more sun than Southern California?
If so, then you must look at this commercial restaurant real estate for sale in this city where a military base makes the economy more stable than most other small city in the country.
THE PROPERTY: This restaurant property is in great condition with the owner's pride showing throughout. It is clean and constantly being upgraded and updated. It is currently an Italian restaurant, but the business is not being sold as part of the sale as the price will attest to it. Of course, you continue to operate the business if you like, but you pay nothing for it! There is nearly 4,000 sq. ft. of restaurant space plus more than 500 Sq. Ft. of outside storage space. Where else can one buy a turn-key restaurant for about $125/Sq. Ft.? Nowhere! One can't build one for less than $200/Sq. Ft.! The building is a stand alone building on one of the major highways in the city. The building is a stand-out in the community! There is plenty of parking too. The inside of the building contains a bar area serving hard liquor as well as beer and wine. The bar seat perhaps 8+ people. In the bar area there is dining as well seating about 30 people. There is also a private banquet for parties and overflow.
THE EQUIPMENT: This restaurant is turn-key, particularly if you're going to do Italian food where there are two first class rotary pizza ovens. If you're going to do other food, you may have to change out the pizza ovens, which won;t take much effort.
FINANCING: And to make the purchase of this commercial real state an even more attractive, there is a good chance a local bank will finance the deal with an experienced owner with a proven track record of success. But if bank financing can't be found, the owner would consider carrying 50% of the purchase price for the right buyer with good credit and experience.
STAFFING: What makes this purchase even more attractive is that is comes full staff with an experienced team if you'd like to keep them.
See the video by signing the confidential agreement.
DEMOGRAPHICS:
The demographics in the area are great too!
2009 Average Household Income $59,545
2009 Restaurant Expenditures $53 million
2009 Total Daytime Population 49,365
2009 Hispanic Population 8,480
2009 White Population 38,800
CLIMATE: If you don't believe me about the weather, then here is a chart from Weather.com for the area...notice the cool summer nights
You've got to see this commercial restaurant property to realize you're stealing it from the owner. It is a great location!
This is a Paramount Restaurant Brokers, Inc. Listing
Population | 3-mi. | 5-mi |
---|---|---|
2014 Total Population | 15,429 | 23,797 |
Households | 3-mi. | 5-mi |
2010 Number Of Households | 6,207 | 9,933 |
2010 Persons Per Household | 2.46 | 2.48 |
Median House Value | $229,300 | $207,206 |
Income Per Household | $79,790 | $70,069 |
Businesses | 3-mi. | 5-mi |
2009 Number Of Businesses | 149 | 232 |
2012 Number Of Employees | 2,116 | 2,838 |
2012 Total Annual Payroll | $29,230,000 | $38,161,000 |
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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 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, 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. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of 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. DRE License # 01339409.