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#967
Sacramento Restaurant For Sale

BBQ/Deli Restaurant Facility Near High School with Low Rent!

$35,000
BBQ/Deli Restaurant Facility  Near High School with Low Rent!
This Listing is Expired
Selling Restaurants presents this unique, fast, casual BBQ Restaurant/Deli facility with two large outside brick BBQ's and two smokers. It is located near government offices, schools and neighborhoods. 2000 sq ft of Dining area and Kitchen with 50 seats plus 800 sq ft of outside patio area able to seat another 25. This Restaurant is fundamentally a BBQ establishment but was a deli not too long ago. The equipment is relatively brand new and could convert to any use without much capital required. No hood system is in place. Interested buyers should have some restaurant experience although it is a fine location for a first time Entrepreneur wishing to own their own business if they have the desire and capital. The demand for this style of restaurant is high and has no competition nearby. There is an established "TO GO" business and a Type 41 Beer and Wine license included in the purchase price. There is a Long lease available at only $0.65 cents per sq ft - can you believe it! - with a 3yr term + a further 5 year option.
A Turn key operation making it ideal for someone to continue and grow this exciting opportunity.

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.
This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires February 2011 + 5 yr option
Total Monthly Rent:
$1,835
Security Deposit:
$2,171

Financials

Last Year's Annual Gross:
$257,000
Last Year's Food Cost %:
40
Last Year's Payroll Cost %:
18
Last Year's Rent %:
8

Operations

Liquor License:
41
# of Full-Time Employees:
1
# of Part-Time Employees:
3
# of Family Employees:
1
Hours Open:
Daily 11.am-7.00pm
Year Established:
2006

Facilities

Indoor Seating:
50
Outdoor Seating:
25
# of Parking Spots:
30
Inside Sq. Ft.:
2,000
Outside Sq. Ft.:
800

Highlights

  • Superb BBQ/Deli facility
  • What an amazingly LOW Lease
  • Good reputation in the area
  • Almost new equipment
  • Turn Key operation
  • Great curbside appeal
  • Located in busy Sacramento Suburb
  • Quality establishment
  • Awarded 3 stars in Sac Bee
  • What an opportunity for first time Buyer
  • Just the Lease alone makes this a must buy
  • Owner retiring from business.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 38,674 95,133 321,131
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,060 39,492 114,615
2010 Persons Per Household 2.42 2.26 2.62
Median House Value $201,400 $263,504 $238,981
Income Per Household $53,432 $53,734 $51,156
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 832 2,932 6,627
2012 Number Of Employees 27,604 87,356 230,638
2012 Total Annual Payroll $623,613,000 $2,069,077,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, 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 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.

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