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#469
Sacramento Restaurant For Sale

Upscale 'A' location Vietnamese Restaurant with Bar located in Heart of Entertainment Area

$75,000
Upscale 'A' location Vietnamese Restaurant with Bar located in Heart of Entertainment Area
This Listing is Expired
This is an upscale restaurant facility right in the heart of Sacramento's busiest area. The restaurant has a bar area serving wine and beer and should easily convert to hard liquor to dramatically increase business. With excellent street visability any good concept will do well here. 9 years remain on the lease with a low base rent for the area of $6,506 for this 4,512sq/ft facility, plus two five year options. There is plenty of easy access parking. The restaurant seats about 110. Seller wants to move back Bay Area.
Agent Steve Lau DRE License #01423652

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
9yrs+ Two 5yrs Renewal Option
Total Monthly Rent:
$6,506
Security Deposit:
$6,317

Operations

Liquor License:
41
# of Full-Time Employees:
3
# of Part-Time Employees:
4
# of Family Employees:
2
Hours Open:
11am to 3pm and 5pm to 10pm every Tuesday to Sunday.
Closed Monday.
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
110
Inside Sq. Ft.:
4,512

Highlights

  • Turn Keys Business with Beer and Wine License.
  • Fashion Decor Dining Room w/Ceiling Fans.
  • Dining Room Surrounded Street Views.
  • Full Kitchen with Most Equipment Likes New.
  • 9 Years Remaining Lease Terms.
  • Base Rent $6,506.30.
  • Rent Scheduled Next 2 Five Years Renewal Options.
  • Land Mark Shopping Center.
  • Conveniences In and Out Parking Lots.
  • The Seller Welcome All Offers.

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 32,914 137,153 368,001
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 14,980 55,839 144,253
2010 Persons Per Household 2.03 2.32 2.40
Median House Value $215,900 $258,300 $254,276
Income Per Household $37,605 $53,931 $48,538
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,690 4,534 9,161
2012 Number Of Employees 53,182 150,110 313,126
2012 Total Annual Payroll $1,287,802,000 $3,458,790,000 $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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