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#779
Sacramento Restaurant For Sale

Bargain Price & Reduced to Sell!!

$59,000
Bargain Price & Reduced to Sell!!
This Listing is Expired
Buyers Required!!! Huge Price Reduction!!!
What a bargain price for such a beautiful restaurant! You must visit this facility to believe what a great price this is! This restaurant is currently a Franchise but could so easily be transformed into a fast food Chinese, Mexican or American. Situated in a wonderful location surrounded by other large national franchises, making this Mall a magnet for Dining. The owner has developed a great ambiance ready for an owner/operator to really go after the local clientele and there is huge potential for increasing the sales. Just recently a major competitor closed it's doors, which has resulted in a spike in business, which the owner believes will be maintained. Presently the restaurant is operated by absentee owners and this restaurant would benefit tremendously by an owner/operator. The hours of operation are just another great benefit of owning. Menu has been standardized but a good operator could expand this creatively.
The lease has 1 year remaining + a 5 year option. Fabulous opportunity to own a very nice operation with little risk and a huge potential for growth.
TAKE THE NEXT STEP. Select the bright orange button below title "want name and address." Register if you're a new client. Then get the name and address by agreeing to the confidential agreement. This will also place you on our exclusive Buyer's e-mail list, giving you first look at our new listings.
Sacramento Regional Manager Keith Simpson

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires April 27th 2009 + 5 year Option
Total Monthly Rent:
$3,526
Security Deposit:
$4,182

Financials

Last Year's Annual Gross:
$335,919

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
8
# of Family Employees:
1
Hours Open:
Lunch 11.00am - 2.00pm
Dinner 5.00pm - 8.30pm
Year Established:
2004
Hood System Type 1:
Yes

Facilities

Indoor Seating:
49
# of Parking Spots:
100
Inside Sq. Ft.:
1,640

Highlights

  • 2008 HUGE Price Reduction!!!
  • Priced at a 1/4 of the fit out costs
  • Fast food Chinese, Mexican or American
  • Recent Competition nearby closed
  • Very Clean with new equipment
  • New A/C units
  • Ease of operation
  • Looks like new
  • Turn Key and ready for immediately for new owners
  • Hours of operation limitless
  • High visibility form main street
  • DONT MISS THIS OPPORTUNITY

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 64,417 100,195
Households 3-mi. 5-mi
2010 Number Of Households 18,974 28,990
2010 Persons Per Household 3.24 3.24
Median House Value $261,900 $274,473
Income Per Household $77,652 $76,717
Businesses 3-mi. 5-mi
2009 Number Of Businesses 978 1,320
2012 Number Of Employees 19,210 25,126
2012 Total Annual Payroll $300,925,000 $410,901,000

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.

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