Here is your chance to open your dream concept you�ve always wanted to do. The
Space comes complete with basic tenant improvements of water and power, restroom and a type I hood and walk-in cooler. This was formerly an established European Bakery & Cafe located in an upscale neighborhood on a major street surrounded by schools, hospitals, offices and million-dollar homes doing good numbers. This bakery/cafe did some good numbers in 2005 of over $400,000 in sales according to the profit and lose statement we have from the previous owner. It was sold by that owner about 12 months ago and the new operator quickly lost the client�le for various unknown reasons. The irony when the old owner owned it, there were two dead restaurants in the center. These restaurants were replaced with two restaurants now doing annually multi-million dollar business; one would think the bakery/cafe would have boomed as a result. This is a high traffic location in a very upscale shopping center. Location! Location! Location! This is the key to success. Purchase some used equipment at a fraction of the cost of new, add some furniture, fixtures and your personal touch and you�re in business. The major hassle of the build out process and permitting is done. The landlord will issue a brand new lease.
Take the next step to register and complete the online confidentiality agreement to get the restaurant name and address. Also you'll be given previews to our new listings in the future, giving you the greatest chance to �scoop in� the best opportunities as they become available.
This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Agent Josh Dellar DRE License #01783601
Lease
Region:
Sacramento Restaurant For Sale
Total Monthly Rent:
$3,550
Financials
Last Year's Food Cost %:
36
Last Year's Payroll Cost %:
16
Operations
# of Part-Time Employees:
9
Highlights
- Bakery, Deli and Cafe
- hood system and walkin cooler included
- In fine retail shopping center with other restaurants
- Million Dollar Neighborhood!
- landlord will issue new lease
- Center has easy parking and access
- 1,300 sq feet
- ability to offer outside seating
- Easily expandable catering business opportunity
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
31,156 |
74,781 |
242,684 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
11,704 |
27,560 |
88,960 |
2010 Persons Per Household |
2.51 |
2.55 |
2.58 |
Median House Value |
$332,300 |
$291,107 |
$276,584 |
Income Per Household |
$69,703 |
$64,416 |
$65,598 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
1,610 |
3,329 |
6,313 |
2012 Number Of Employees |
56,264 |
116,926 |
175,588 |
2012 Total Annual Payroll |
$1,607,275,000 |
$3,146,394,000 |
$4,143,219,000 |
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.