#282
Chico Restaurants For Sale

BAR WITH REAL ESTATE + APARTMENTS

$765,000

This bar/hotel is located in an area experiencing tremendous growth and re-development. It has multiple potential income streams including a bar business which could easily become a biker bar classic, small restaurant, and either a 7 unit apartment complex or professional office spaces, you decide. One apartment is for the owners and has all the necessities like a bathroom and kitchen. It is perfect for that biker bar you�ve always wanted! The building has nearly 3,800 Sq. Ft. sitting on a 40x160 lot (6,400 sq. ft.) with approximately 25 parking spaces available. It is a two story building in excellent condition as the outside siding is practically new as are the windows. The interior walls were recently finished on the second floor while the bar area has been well maintained and makes one feel warm and comfortable.

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:

Chico Restaurants For Sale

Operations

# of Part-Time Employees:

# of Family Employees:

Year Established:

1940

Facilities

Lot Dimension:

40x160

Lot Sq. Ft.:

6400

Total Building Sq. Ft.:

Residential/Office Sq. Ft.:

Apprx 700

Highlights

Approximately 3,782 Sq. Ft.
Open 7 Days
Type 48 Liquor License Value $40,000
25 Parking Space Available
2 Full-TIme Employees
Potential Rental Income from 7 Units
65 year long history as a bar
Includes Small Restaurant too!
Rent the restaurant out too!

Financing

Will SBA Finance:

Will Seller Lend To Buyer:

Demographics

Population	5-mi
2014 Total Population	32,539
Households	5-mi
2010 Number Of Households	11,029
2010 Persons Per Household	2.78
Median House Value	$154,600
Income Per Household	$40,260
Businesses	5-mi
2009 Number Of Businesses	509
2012 Number Of Employees	13,010
2012 Total Annual Payroll	$222,652,000

click for more demographic info

Disclaimer

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.

Other Listings in the Area

#6426

Profitable Mexican Restaurant

Lease:
Expires Oct. 1, 2024 with two 5 year options

Monthly Rent:
$5,600

Annual Revenues:
$824,767

Annual Adj. Net:
$198,338

Square Feet:
3,000

Available
$175,000
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