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#285
Sacramento Restaurant For Sale

ASIAN RESTAURANT IN STAND ALONE BUILDING

$100,000
Sold
ASIAN RESTAURANT IN STAND ALONE BUILDING
This Listing is Sold

This Vietnamese restaurant facility is located in the heart Folsom, near the Historic District. Keep this restaurant Vietnamese or convert to a new concept except Japanese. The equipment is in excellent condition and it state-of -the-art. There are 3,150 sq/ft and seats up to 99 with a plenty of parking. The base rent is $4,725 plus $1, 164 CAM. 9 years remaining on the lease with an option to renew for 5 years. The Seller will finance 20% of the Purchase Price.

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
9 yrs + 5 yrs option
Total Monthly Rent:
$4,725
Security Deposit:
$4,725

Operations

Liquor License:
41
# of Full-Time Employees:
3
# of Family Employees:
2
Hours Open:
1100 to 2100 every day
Year Established:
2005

Facilities

Indoor Seating:
98
Inside Sq. Ft.:
3150

Highlights

  • State-of-the-art equipment
  • Near the Historic District
  • Seller finance 20% of the Purchase Price
  • Long term lease
  • Stand free building with a lot of parking.
  • Asian Restaurant or Convert ot New Concept

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
60%
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 70,184 145,145
Households 3-mi. 5-mi
2010 Number Of Households 24,935 50,101
2010 Persons Per Household 2.62 2.70
Median House Value $385,500 $376,613
Income Per Household $98,547 $96,068
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,911 3,439
2012 Number Of Employees 61,904 91,934
2012 Total Annual Payroll $2,125,271,000 $2,869,832,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, 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 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.

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