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#777
Chico Restaurants For Sale

Turn Key Restaurant with Type II Hood System

$65,000
Turn Key Restaurant with Type II Hood System
This Listing is Expired
This turn-key restaurant near the High School has just recently been renovated. Open for lunch and dinner this 1100 Sq Ft facility rents for only $1074 a month gross. There are 4.5 yrs left on the lease and a 5 yr option to renew. With 48 seats inside and a small patio seating 10-12 this is a easy to manage restaurant. There is also a type 41 Beer & Wine License included in the sale. Easy conversion to most concepts.

Please select one of the bright orange button below to get the name and address of the restaurant along with more photos.
Regional Manager Steve Demaggio DRE License #01722979

Lease

Region:
Chico Restaurants For Sale
Lease Term:
4.5 yr + 5 option
Total Monthly Rent:
$1,074
Security Deposit:
$1,000

Operations

Liquor License:
41
# of Full-Time Employees:
1
# of Part-Time Employees:
6
# of Family Employees:
1
Hours Open:
Mon -Thur 11-2 & 4-9
Fri -Sat 11-9
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
48
Outdoor Seating:
10
Inside Sq. Ft.:
1,100
Outside Sq. Ft.:
200

Highlights

  • High Traffic Location
  • Approx 1100 Sq Ft
  • $1074 Monthly Rent NO NNN/CAM
  • Close to High School
  • Beer & Wine License Included
  • Recently Renovated
  • Type II Hood System
  • Seats 48 Inside
  • Seats 10-12 on Patio
  • Shared Parking Lot
  • Located in Older Strip Center

Financing

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

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,389 73,162
Households 1-mi. 5-mi
2010 Number Of Households 15,419 29,899
2010 Persons Per Household 2.34 2.38
Median House Value $270,100 $281,965
Income Per Household $39,216 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,012 2,197
2012 Number Of Employees 26,244 59,120
2012 Total Annual Payroll $507,110,000 $1,017,997,000

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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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