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#3009
Sacramento Restaurant For Sale

Historic Restaurant & Bar in Solano county

$96,000
Historic Restaurant & Bar in Solano county
This Listing is Expired
Here's an opportunity to buy a Historical Bar and Restaurant in Solano County.

Established a 1908 it has retained the business name,and the same phone number since the beginning.
The Building being steeped in history having been built in the early 1900's has had only a few owners in 102 years as well as the oldest liquor license in Solano County.

The Bar and Restaurant is in a great location situated on a corner of a major highway, at a crossroads and a traffic signal in the quaint downtown area of this small town only 45 minutes to the Bay area .

This is your opportunity to operate your own Restaurant, with a type 47 Full Liquor License along with an established, historical Bar.

There is an excellent lease in place at $1,700.00 per month currently for 3,000 sq.ft. In September rent goes to $2,300.00...that's only .77 cents per sq. ft.!

The current Menu is American Traditional, although this place could be any menu or an awesome Sports bar & restaurant if your so inclined.

Current operating hours are mostly confined to breakfast and lunch. Currently owners have created a large following with ‘Taco Tuesday’s’ and upscale steaks for breakfast and lunch.

There is a major calling for dinner in this town, so for the operator who wants to increase sales this is a great opportunity.

Customers have also expressed an interest in catering.
Current owners do some catering, but with UC Davis and other major industry in the area, this is an untapped source of income.

Current owners have opened the lounge up for live music and it has been well received by patrons. During the season, there are bands on Fridays and Saturdays. Karaoke is preformed on a bi-monthly basis as well. This is yet another valuable revenue source that brings sales through the doors.

They have added a regulation size pool table and created room for a band stage and dancing! The stage is portable and can be stored as necessary.

The sales are 60 / 40 with food sales on the heavy side. If the next owners concentrate on dinner they can capitalize on it with a gourmet drink & wine venue too.

Current owners have remodeled the entire restaurant, updated the ‘ansul;’ system to a UL 300.
They have modernized the kitchen & dishwashing area in Stainless steel with a sealed floor and a type 2 hood. There is ample Refrigeration, Freezers and huge Storage.
There is seating inside for 75 plus.

Owner says bring all Reasonable Offers! Due to accelerated Health concerns.

Can you hear the knock on the door...maybe this is the opportunity you have been looking for!
This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
expires Sept. 2016 + 5 years
Total Monthly Rent:
$1,700
Security Deposit:
$2,000

Operations

Liquor License:
47
# of Part-Time Employees:
10
Hours Open:
7am to 2am 7 Days
Year Established:
1944
Hood System Type 1:
Yes

Facilities

Indoor Seating:
75
Inside Sq. Ft.:
3,000

Highlights

  • Historical Bar Established over 100 years ago
  • Includes Full type 47 Liquor License
  • Local Landmark
  • Fully Turn Key
  • Long, Long Bar........
  • Only 5 owners in 100 years
  • Excellent lease
  • Great opportunity!
  • Monthly Groos as stated by Owner is $25,000. Buyer Must Verify.
  • Great Sports Bar potential
  • Owner says bring all Reasonable Offers! Due to accelerated Health concerns.

Financing

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

Demographics

Population 5-mi
2014 Total Population 21,016
Households 5-mi
2010 Number Of Households 6,590
2010 Persons Per Household 3.12
Median House Value $287,700
Income Per Household $71,261
Businesses 5-mi
2009 Number Of Businesses 348
2012 Number Of Employees 10,150
2012 Total Annual Payroll $203,855,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Robert Lee Tade. ("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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