This unique, fast casual restaurant concept has a long history of profitable success in the Sierra Foothills area, with consistent growth year after year. This is a rare opportunity for a buyer to take over this "Grassroots idea" that has been in business for 10 years.
So don't miss it!
The Landlord is also the creator of this idea and comprehensive training will be given to experienced, highly motivated individuals willing to work hard to expand this simple to operate business opportunity.
Interested buyers should have some restaurant or management experience, an entrepreneurial spirit and be passionate, fun, hard working and interact well with the general public.
Initially the Seller is looking for owner operators that will be involved in the day to day operations of this business.
The demand for this product is high and much of the past years of success can attributed to the simplicity of operation.
There is seating for 40 inside this comfortable restaurant, along with an established "TO GO" business. There is a Type 41 Beer and Wine license included in the purchase price. The Long lease is a dream at only $1.20 per sq ft which INCLUDES NNN and has a 5yr term + 2 further 5 year options.
This is a Turn key opportunity with years of Goodwill making it ideal for someone to continue to grow and expand this exciting concept.
TAKE THE NEXT STEP. Select the bright orange button below title "want name and address." Register if you're a new client and sign the online "Confidential Agreement." Then contact the Agent directly via email, submitting your experienced Resume and financial ability to purchase. This will also place you on our exclusive Buyer's e-mail list, giving you first look at our new listings.
Sacramento Regional Manager Keith Simpson
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
Expires January 2013 + 5 + 5 yr options
Total Monthly Rent:
$2,100
Financials
Last Year's Annual Gross:
$434,030
Last Year's Owner's Cash Flow:
$121,506
Last Year's Food Cost %:
36
Last Year's Payroll Cost %:
21
Operations
# of Part-Time Employees:
10
Hours Open:
Daily 11.00am-9.00pm
Highlights
- Price Reduction for this Unique Restaurant Concept
- Highly profitable year after year
- Fast Casual Restaurant
- Extremely simple to Own and Operate
- Low Low Rent
- Location is highly visible from hwy
- Owners will carry a portion of the sale
- Full Training included in purchase price
- Shows huge sales growth
- Profitable from Day One
- Fabulous Lease
- SBA Approved Loan with 20% Down @ 8% for 10 years
Financing
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
15%
Demographics
Population |
5-mi |
2014 Total Population |
35,985 |
Households |
5-mi |
2010 Number Of Households |
14,820 |
2010 Persons Per Household |
2.43 |
Median House Value |
$314,300 |
Income Per Household |
$57,468 |
Businesses |
5-mi |
2009 Number Of Businesses |
926 |
2012 Number Of Employees |
21,814 |
2012 Total Annual Payroll |
$396,386,000 |
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.