History makes this Coffee and Deli Restaurant a great opportunity to thrive in Sacramento. Established in 1985, this extremely attractive location is situated on the hwy with ample parking.
This is your opportunity to operate your very own Coffee/Deli and Catering, with a type 41 Beer and Wine License. There is a nice outdoor Patio with plenty of shade and seating. Presently the owner is mainly absent and would benefit enormously by having an owner present. The Lease is good with 1yr remaining with a further five 3 yr options. 1600 sq ft inside and 1000 sq ft outside for a base rent of $3300 per month is great value. Operational hours presently are from 6:00am - 6:00pm. There is huge potential and plenty of scope to increase the evening sales and profitability. The Financials have been annualized using only 8 months of the 2007 results. The full year's tax returns will be available to buyers very soon. The Building is stepped in history and has been successful for many years. This Coffee and Deli house has been fitted out using quality fixtures and the Kitchen is on show using all Stainless steel. There is ample Refrigeration, Freezers and Storage. Seating inside for 20 plus a further 30 outside is ample as To Go is the majority of business presently. By extending the evening hours there is limitless scope and 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.
Sacramento Regional Manager Keith Simpson
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
Expires Oct 2008 + FIve 3yr options
Total Monthly Rent:
$3,300
Financials
Last Year's Annual Gross:
$239,000
Last Year's Owner's Cash Flow:
$51,000
Last Year's Food Cost %:
45
Last Year's Payroll Cost %:
20
Operations
# of Part-Time Employees:
7
Hours Open:
6.00am - 6.00pm Daily
Highlights
- Historical Coffee and Deli in Sacramento
- On Main Street, High Visibility
- Steady business for years
- Popular, busy "To Go" Coffee House
- Good Kitchen with plenty of space
- Financials are annualized with 8 months of 2007
- Easy to operate
- Owner Will Carry up to 20%.
- Attractively laid out
- Good Size Outdoor Patio
- Beer and Wine License
- Ample parking
Financing
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
20%
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
41,317 |
73,629 |
279,857 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
16,360 |
28,284 |
106,551 |
2010 Persons Per Household |
2.43 |
2.51 |
2.49 |
Median House Value |
$332,200 |
$298,010 |
$250,920 |
Income Per Household |
$73,720 |
$70,040 |
$57,882 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
866 |
1,402 |
4,922 |
2012 Number Of Employees |
12,452 |
20,398 |
147,246 |
2012 Total Annual Payroll |
$172,486,000 |
$299,817,000 |
$3,513,005,000 |
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.