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#862
Chico Restaurants For Sale

Family Restaurant on Busy Street with Live Music Permit

$60,000
Family Restaurant on Busy Street with Live Music Permit
This Listing is Expired
Live Music Permit already in place. This is a high traffic location just built out last year. That�s right, all the equipment is fairly new. Currently a Mexican Restaurant the owners have other interest and are motivated to sell this place. The Type I Hood is almost 17 feet long and there is a ton of kitchen space for prep. The Sq Ft is 2600 with a gross rent of only $1863 month. Located in a boutique/well maintained strip center this is the only restaurant and has the best location in the center. The space seats 80 people including a semi-private banquet area. The hard work is done, you can keep it a Mexican Restaurant or bring in your own concept.

Please select one of the bright orange buttons below to get the name and address of this business along with more photos. It requires one to register, which costs nothing. All that's needs is an e-mail address, name, address and phone contact to register. Simple as that!
Regional Manager Steve Demaggio DRE License #01722979

Lease

Region:
Chico Restaurants For Sale
Lease Term:
New Lease
Total Monthly Rent:
$1,863

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
2
Hours Open:
Lunch and Dinner 7 Days a Week
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
80
Inside Sq. Ft.:
2,600

Highlights

  • Great Location
  • Equipment Only a Year Old
  • 15 + Foot Hood System
  • Large Walk In Refer
  • Seats 80 Patrons
  • Live Music Permit
  • 2600 Sq Ft
  • $1863 Gross Rent
  • Converts to Most Concepts
  • Large Kitchen
  • Beer & Wine License Included
  • Owner Motivated

Financing

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

Demographics

Population 5-mi
2014 Total Population 33,842
Households 5-mi
2010 Number Of Households 12,498
2010 Persons Per Household 2.62
Median House Value $216,600
Income Per Household $44,017
Businesses 5-mi
2009 Number Of Businesses 1,027
2012 Number Of Employees 25,610
2012 Total Annual Payroll $415,863,000

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.

Other Listings in the Area
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    #6426
    Profitable Mexican Restaurant
    Lease:  
    Expires Oct. 1, 2024 with two 5 year options
    Monthly Rent:  
    $5,600
    Annual Revenues:  
    $824,767
    Annual Adj. Net:  
    $198,338
    Square Feet:  
    3,000
    Available
    $199,000

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