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#1578
Sacramento Restaurant For Sale

Family Pizza Parlor in High Visibility Location - Absentee Operated

$69,000
In Contract
Family Pizza Parlor in High Visibility Location - Absentee Operated



ADD TO FAVORITE

If you want an easy to operate restaurant business with good sales base of $430k in a tough year like 2008, then Selling Restaurants present this great opportunity. This is the perfect family style pizza parlor geared toward the community with a private banquet room, a small game area, a bar and plenty of seating area to support large parties. If you like getting involved in a small and quickly growing community and you don't like all the strings attached to a franchise, then please look at this deal. Or if you are a franchisee looking for a new location to convert, then this is a great opportunity. The basic improvements are worth the $89,000 let alone the existing business. The seller purchased this restaurant 2 years ago to have a Placer County type 47 liquor license mature that he won in a lottery. The license matured and now he is taking the license and leaving a great business behind for someone like you to continue to grow. Hard liquor sales were a negligible percentage of the sales. The new owner will need to get a new beer and wine license for this location at a cost of about $700.

Select one of the orange buttons below and you'll be on your way into the restaurant business. This is a steal of a deal.
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:
New Lease
Total Monthly Rent:
$3,500

Financials

Last Year's Annual Gross:
$430,000
Last Year's Owner's Cash Flow:
$75,000

Operations

Liquor License:
New
# of Full-Time Employees:
2
# of Part-Time Employees:
7
Hours Open:
Open 7 Days 11am-8pm.
Year Established:
2007
Hood System Type 1:
Yes

Facilities

Indoor Seating:
99
# of Parking Spots:
100
Inside Sq. Ft.:
3,000

Highlights

  • Strong Business Sales Even in Tough Times.
  • 2008 Sales were $430,000.
  • New Lease with favorable terms of 5+5.
  • High Visibility Location.
  • Type 47 Liquor License NOT included in sale.
  • 2008 Profit was $75,000.
  • Needs an operator to work the community kids programs
  • New Beer and Wine license needed at a cost of $700 or so.
  • Major illness Forces Fast Sale!

Financing

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

Demographics

Population 5-mi
2014 Total Population 51,597
Households 5-mi
2010 Number Of Households 18,133
2010 Persons Per Household 2.60
Median House Value $330,600
Income Per Household $71,713
Businesses 5-mi
2009 Number Of Businesses 615
2012 Number Of Employees 16,870
2012 Total Annual Payroll $304,713,000

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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