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#3246
Sacramento Restaurant For Sale
Chico~Yuba City

Restaurant and Bar w/Real Estate and Hard Liquor License

$375,000
Sold
Restaurant and Bar w/Real Estate and Hard Liquor License
This Listing is Sold
  • Well known Bar/Restaurant in continuous operation since 1930!
     
  • This is more Bar Than Retaurant - A Classic Bar Too!
     
  • Historic area of a small town near Lincoln, Ca...Beal Air Force Base .... just 20 minutes to Roseville.
     
  • Area poised for significant new home growth in the surrounding area.
     
  • Restaurant with a Type 47 and Catering liquor license  included!
     
  • $375,000  Including the Real Estate and Inventory!
     
  • This Bar is full of unique one of a kind items of the area and old west...Lots of history and value hanging on these walls.
     
  • Do you have experience or are just Good sniffing out Opportunity?
     
  • Put the pencil to each of these: Real Estate = ?, Business with two liquor licenses = ?, Furniture-fixtures-equipment = ?, Inventory = ($15K) and Goodwill (Seems like its free at this point)..!
     
  • Creative financing for part of the sales price with a qualified buyer!
     
  • OPERATION: There are 7 part-time employees working the business. Owner works P/T.
     
  • Interior square foot is 2,576 with an outside patio of about 2,000 as well.
     
  • All new concrete Patio with a corral style serving area and plenty of space for large parties. Has handicap ramp built in too.
     
  • The total lot Square Footage is 4,656.
     
  • Owner operator could really enhance sales with social media marketing, promotional opportunities/events, expand the menu and hours!
     
  • Gross Sales: $480K
     
  • If you're interested to learn more about this opportunity, then I need to qualify you first. Select the orange button below to get started.
     
  • Make your offer now before this one is gone!
This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Sacramento Restaurant For Sale
Chico~Yuba City
Lease Term:
Real Estate For Sale

Financials

Last Year's Annual Gross:
$480,000

Operations

Liquor License:
47
# of Part-Time Employees:
7
Hours Open:
10:30am-2:30pm & 5:00pm - 9pm Sunday-Thursday
Friday/Saturday 10:30am-2:30pm & 4:30pm until closing
Year Established:
1933
Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
2576
Outside Sq. Ft.:
2000
Lot Sq. Ft.:
4656
Total Building Sq. Ft.:

Highlights

  • Great Old Fashion Bar with a Restaurant
  • Type 47 Hard Liquor and Catering Liqour License
  • Large Outside Patio for Large Parties
  • Near Major Military Operation
  • Creative Finacing for small part of price with qualified buyer
  • Great Western Feel and Look
  • Lots of old Western Memorbilia and Mounted Animal Heads
  • Wonderful Long History
  • Manager in Place
  • Simple Food Items

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 4,562 9,591
Households 3-mi. 5-mi
2010 Number Of Households 1,670 2,458
2010 Persons Per Household 2.85 2.97
Median House Value $181,200 $161,645
Income Per Household $61,627 $60,182
Businesses 3-mi. 5-mi
2009 Number Of Businesses 50 112
2012 Number Of Employees 1,168 1,970
2012 Total Annual Payroll $16,169,000 $48,015,000

click for more demographic info

Disclaimer

DISCLAIMER: 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 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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