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#1095
Chico Restaurants For Sale

Full Service Restaurant w/Type 47 Hard Liquor License

$125,000
In Contract
Full Service Restaurant w/Type 47 Hard Liquor License



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Looking for a great opportunity with low rent. Located in Butte County this restaurant seats 40-50 in the private banquet room, 44 in the main dining room, 28 in the front dining room and another 20 in a semi private dining area. The bar/lounge has a separate entrance and seats another 42 patrons. The entire facility is set up with P.O.S. systems, a nice big kitchen with a ton of equipment. The space is approx 5150 Sq Ft and rents for only $3500 a month base. The restaurant was recently closed for family reasons but the bar is still operating. A new owner could really take advantage of the lack of competition in the area, located in the quaint downtown only 30 minutes north of Sacramento this place needs an operator. Seller is motivated and would like to see all offers.

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 3 yr w/3yr option
Total Monthly Rent:
$3,500
Security Deposit:
$3,500

Operations

Liquor License:
47
# of Full-Time Employees:
2
Hours Open:
Saloon Hours 10 hours a day 7 days a week
Restaurant closed
Year Established:
2002
Hood System Type 1:
Yes

Facilities

Indoor Seating:
178
Inside Sq. Ft.:
5150 +-

Highlights

  • Type 47 Hard Liquor Included
  • 5150 +- Sq Ft
  • Only $3500 Month Base Rent
  • Saloon is Open; Restaurant Recently Closed
  • Restaurant Seat 178 Including Banquet Seating of 40-50
  • Saloon has Seperate Entrance
  • Just 30 Minutes North of Sacramento
  • Large Commercial Kitchen in Good Condition
  • P.O.S System Throughout Restaurant & Bar
  • In the Heart of Downtown
  • Seller is Motivated
  • Real Estate Available

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 11,210 12,674
Households 3-mi. 5-mi
2010 Number Of Households 3,640 4,704
2010 Persons Per Household 2.93 2.94
Median House Value $184,400 $178,542
Income Per Household $44,034 $44,007
Businesses 3-mi. 5-mi
2009 Number Of Businesses 179 203
2012 Number Of Employees 3,700 3,956
2012 Total Annual Payroll $56,074,000 $63,110,000

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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.


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