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#559
Chico Restaurants For Sale

Chico Hot Spot w/Type 47 Hard Liquor License in Prime College Location

$130,000
Sold
Chico Hot Spot w/Type 47 Hard Liquor License in Prime College Location
This Listing is Sold

Bar & Grill in a Prime Location offering an excellent menu and Type 47 Hard Liquor License. Located close to the University and Downtown this restaurant is serving a very popular lunch to the business crowd and nightlife for everyone. Recently redone inside and out this restaurant has approx. 2400 Sq.Ft as well as a comfortable patio that seats about 16 people. Current rent is $2400 + $300 NNN. A full cook�s line, 10 beer tap long draw system, walk-in refrigerator & flat panel televisions. Currently doing $33K a month in sales the owner must sale due to personal reasons. This restaurant also has a P.O.S. system and 12Ft. hood. One of Chico's hot spots this place is immaculate and turn-key. The owner has recently refurbished or replaced most equipment & furnishings. Also there is a private parking lot and plenty of off street parking. This is a great opportunity to grow your existing concept or jump on board this already popular Bar & Grill. Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.

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

Lease

Region:
Chico Restaurants For Sale
Lease Term:
4.5 yrs Remaining + 5yr option
Total Monthly Rent:
$2,400
Security Deposit:
$2,700

Operations

Liquor License:
47
# of Part-Time Employees:
12
# of Family Employees:
2
Hours Open:
Mon- Fri Open @ 11:00am
Sat & Sun Open @ 10:00am

Currently an Owner Operator Business
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
65
Outdoor Seating:
16
# of Parking Spots:
16
Inside Sq. Ft.:
2,400
Outside Sq. Ft.:
350

Highlights

  • Prime Location Next to the University
  • Turn-key Bar & Grill
  • Type 47 Hard Liquor License Included
  • 2400 Sq Ft
  • Cozy Outdoor Patio
  • $2400 Base rent
  • Private Parking Lot
  • Lots of New Furniture, Fixtures & Equipment
  • Facility is in Excellent Condition
  • Must Sell for Personal Reasons
  • Approx. 12 Ft Hood & Full Cooks Line
  • Priced for Quick Sale

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,773 73,162
Households 1-mi. 5-mi
2010 Number Of Households 14,480 29,899
2010 Persons Per Household 2.43 2.38
Median House Value $294,600 $281,965
Income Per Household $45,224 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,185 2,197
2012 Number Of Employees 32,876 59,120
2012 Total Annual Payroll $510,887,000 $1,017,997,000

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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