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#256
Sacramento Restaurant For Sale

PREMIER BAR & NIGHTCLUB IN DOWNTOWN SACRAMENTO

$1,000,000
PREMIER BAR & NIGHTCLUB IN DOWNTOWN SACRAMENTO
This Listing is Expired
We, at SellingRestaurants are proud to offer you this listing. This Bar & Nightclub is quite possibly the biggest hot spot in the Greater Sacramento Nightlife. This is a point of where celebrities and athletes come to meet and relax. A perfect location and atmosphere has been set for patrons to enjoy their different moods. The resident DJs are easily the best that Sacramento & the Bay Area have to offer. Patrons are given a selection of wines and liquors that rival any upscale fine dining restaurant. Semi-Private rooms are offered for patrons. The Bar & Nightclub offers plush lounge seating, state of the art sound and lighting, plasma video monitors, and dancing to live DJ mixes. Annual Gross Revenue of nearly $1.1 million with adjusted net of $444k+. This revenue is also based on the fact that the club is only open Tuesday thru Saturday with limited hours. The sale of this Bar & Nightclub is kept in the strictest confidentiality. All buyers must complete a confidential agreement and Buyer Information Profile in order to obtain more information about this listing.
This is a Stone Path Brokerage Services DBA: selling restaurants San DiegoRob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
6.5 Years Remain + Three 5 yr options
Total Monthly Rent:
$5,474

Financials

Last Year's Annual Gross:
$1,080,000
Last Year's Owner's Cash Flow:
$444,000
Last Year's Food Cost %:
18.4
Last Year's Payroll Cost %:
15.9
Last Year's Rent %:
8.3

Operations

Year Established:
2003

Facilities

Indoor Seating:
150
Inside Sq. Ft.:
2,670
Outside Sq. Ft.:
300

Highlights

  • 2004 Annual Gross $1,082,000
  • Sacramento's Premier HOT SPOT
  • Semi-Private Room Available
  • 2,670 Square Feet
  • Absentee Owner
  • Dance Permit & Type 48 Liquor Included
  • Adjusted Net 2004 $444,000+
  • 7 years Remaining on Lease + Three 5 Year Options
  • Monthly Base Rent - $5,474
  • Management Team in place

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 16,653 145,855 410,336
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,191 61,966 154,685
2010 Persons Per Household 1.66 2.20 2.49
Median House Value $427,800 $287,813 $239,583
Income Per Household $49,953 $46,577 $47,241
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 850 5,727 10,632
2012 Number Of Employees 25,966 195,444 349,690
2012 Total Annual Payroll $837,120,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.

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