Chico Restaurants For Sale
Chico Restaurant in Great Location on Major Street
LOCATION: This restaurant in a busy retail area with a great mix of college students and neighborhood residents. There are several restaurants in the area to cater to the wealth of traffic in this busy area near a major college.
THE RESTAURANT: The current concept is Crepes made with fresh ingredients and cooked to order, therefore no hood is necessary. A hood system could be installed, if your concept requires it. This space could easily convert to any food concept. The owners operate currently as a husband and wife team and serve a menu unlike any in the area. All the equipment and furnishings are nearly new and look great!
THE NUMBERS: The restaurant has only been open for 11 months and already does an average of $750 a day in sales 7 days a week according to the owner. Sales figures are owner stated and need to be verified by the buyer. Broker only represents what the seller has communicated to us.
THE LEASE: The rent is very reasonable at $2,520 including cams. The restaurant is 1,800sqf. and has been built out nicely. It's new and Very comfortable with plenty of seating, both booth and tables.
WHY ARE THEY SELLING: Family obligations. The owner is motivated, so act fast...all serious offers considered from qualified buyer. Bring your ideas...this could be the opportunity you're looking for!
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Restaurant Broker Scott Beaton DRE License #01853968
Lease
Operations
Facilities
Highlights
- New restaurant
- Plenty of traffic
- Ample parking
- Nice interior
- Great area with lots of traffic
Financing
Demographics
| Population | 1-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 36,389 | 73,162 |
| Households | 1-mi. | 5-mi |
| 2010 Number Of Households | 15,419 | 29,899 |
| 2010 Persons Per Household | 2.34 | 2.38 |
| Median House Value | $270,100 | $281,965 |
| Income Per Household | $39,216 | $42,126 |
| Businesses | 1-mi. | 5-mi |
| 2009 Number Of Businesses | 1,012 | 2,197 |
| 2012 Number Of Employees | 26,244 | 59,120 |
| 2012 Total Annual Payroll | $507,110,000 | $1,017,997,000 |
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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.