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#432
Chico Restaurants For Sale

Restaurant with Large Kitchen & Dining Room Needs Concept

$75,000
Restaurant with Large Kitchen & Dining Room Needs Concept
This Listing is Expired
This restaurant facility is approx. 5000 Sq. Ft. The equipment is in excellent condition and the cooks� line is designed for high volume. This restaurant is designed for buffet style dining or menu order style. There are three hot buffet stations each large enough for 10 full size hotel pans and one large salad bar. All of these buffet pieces are new and valued at over $20K. The brand is 'WELL'. There is a walk-in freezer & walk-in refrigerator. There is a large soda bar in the dining room and plenty of open space to get creative. All the small wares are there from pots & pans to silverware. Currently this facility is not being used. This area is experiencing tremendous growth & re-development; this facility would be one of the largest banquet halls in the area. The restaurant seats approx. 120 people.
Regional Manager Steve Demaggio DRE License #01722979

Lease

Region:
Chico Restaurants For Sale
Lease Term:
5yr +5 option
Total Monthly Rent:
$4,000

Operations

Hours Open:
Currently a non-operating restaurant
Year Established:
2004

Facilities

Inside Sq. Ft.:
5,000

Highlights

  • EXCELLENT OPPORTUNITY TO GROW
  • NEW RESTAURANT
  • WALK-IN FREEZER & WALK-IN REFRIGERATOR
  • APPROX. 5000 Sq. Ft.
  • OPEN FLOOR PLAN
  • GREAT FOR LARGE BANQUETS
  • LARGE SODA BAR IN DINING ROOM
  • AREA OF GROWTH & RE-DEVELOPMENT
  • EXCELLENT CORNER LOCATION
  • IN THE HEART OF DOWNTOWN
  • COOKS LINE DESIGNED FOR HIGH VOLUME
  • 3 LARGE BUFFET LINES & 1 SALAD BAR VALUED AT $20K ALONE

Financing

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

Demographics

Population 5-mi
2014 Total Population 32,539
Households 5-mi
2010 Number Of Households 11,029
2010 Persons Per Household 2.78
Median House Value $154,600
Income Per Household $40,260
Businesses 5-mi
2009 Number Of Businesses 509
2012 Number Of Employees 13,010
2012 Total Annual Payroll $222,652,000

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.

Other Listings in the Area
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    Profitable Mexican Restaurant
    Lease:  
    Expires Oct. 1, 2024 with two 5 year options
    Monthly Rent:  
    $5,600
    Annual Revenues:  
    $824,767
    Annual Adj. Net:  
    $198,338
    Square Feet:  
    3,000
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