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The best burger stop in the valley with Prime Real Commercial Estate

Listing 436 Add to Favorites Printable Page Bookmark and Share Return to Listings
This is the best place to get a burger in the central valley in a very high traffic area. The Commercial Real Estate it sits on is the only piece like it in the area. A major recreational site is located within walking distance and the neighborhood surrounding it is one of the best around. This drive up burger spot is profitable to about 50K/year but there are many concepts that would thrive on this hard to beat location. Owner has plans to build out major full service restaurant with office space on top that has full city compliance and complete engineering specs. These plans have cost over $100K to produce and could become part of the negotiations. This area has many things to offer and thriving industry al around it. A major industrial plant is nearby keeping lunch consistantly busy. Buyer willing to finance at 200K down, will carry residual of 595K for 5% over 20 years with net due in 10 years.


General Information
Listing Status: Sold
Price: $795,000
Location: Sacramento
Lease Information: N/A
Liquor License: N/A
Outdoor Seating: 18
# of Part-Time Employees: 6
# of Full-Time Employees: 3
Year Established: 1966
Inside Sq. Ft.: 400
Hood System: No
Highlights
  • One Third Acre lot with a Land Mark Restaurant
  • Located next to the best recreational site in Lodi
  • Brisk lunch is a product of near by facilities
  • Valuble Commercial property near high demographic neighborhoods
  • Lot status is seen by the local governmental entities as very developable
  • Very Popular menu served in classic summertime setting
  • Recreational site close by has gone through major renovation
  • Very well appointed and designed quick serve restaurant
  • Buyer willing to finance with 200K down, will carry residual at 10% net due in 10.
  • .

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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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