Sacramento Restaurant For Sale
Hot Mid-Town Sacramento Restaurant & Bar
You've been asking for a great mid-town Sacramento location and we've delivered it! THIS IS LOCATION, LOCATION, LOCATION!
The interior is lively and fun with a full liquor bar stationed central to this modern decor space. There is a great sound system for the weekday and weekend crowd.
You can't miss the outdoor patio's on both sides of the restaurant which draws your eyes to the building. The building itself is modern urban and upscale. Above the restaurant are high profile residential lofts...next door is one of the busiest Sushi restaurants in Town.
During lunch you'll have access to state workers and professionals and at night the area is a hot spot with high end restaurants and clubs nearby. This is the area where people with discretionary cash flow like to go and spend it!
If you're a Chef or Restaurateur you'll notice the quality of this build out. The owners state they invested over $1 million in tenant improvements. This is a steal at $249,000 for the quality and the location! The price includes everything you need for a turn key concept or build on the current concept which is gaining steam after only being in existence for 5 months. The previous restaurant concept was there since 2006 and did well, but in 2010 the owners decided to try a new direction, so you decide "create the New Best Place to Dine in Sacramento" or keep the existing concept in place. The current pricing does not include the current concept, but for can be purchased if you desire it. Its designed to be a fun place to dine and be entertained.
The space is 2,800 sqf.with rent @ $3.30per sqf +cams. This is a premium area of restaurants and clubs. Restaurants in the area do millions each year in sales...the better ones do over $3 million in sales.
This listing is private so if you want to get more information you need to have the experience, credit and capital to qualify with the landlord. Buyer must be ready to prove they have the cash in the bank to do this deal!
Don't hesitate if you're ready to see this place it won't last long...the owner is motivated and will look at reasonable offers!
Restaurant Broker Scott Beaton DRE License #01853968
Lease
Financials
Operations
Facilities
Highlights
- Prime Corner Location
- Busy Midtown Area
- Beautiful building
- Tons of Traffic
- Popular High End Restaurants and Bars in the Area
- Perfect for Chef Owner operator
- Full 47 Liqour License
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 15,195 | 105,955 | 271,312 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 9,314 | 46,742 | 105,480 |
| 2010 Persons Per Household | 1.51 | 2.14 | 2.42 |
| Median House Value | $304,970 | $295,035 | $249,460 |
| Income Per Household | $35,074 | $49,238 | $47,847 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 2,264 | 4,385 | 7,885 |
| 2012 Number Of Employees | 62,930 | 129,948 | 275,406 |
| 2012 Total Annual Payroll | $1,672,587,000 | $3,733,567,000 | $4,294,967,295 |
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.
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