Chico Restaurants For Sale
Rare 48+ Neighborhood Bar + Real Estate
Opportunity to Own a Bar with Real Estate in Yuba County.
Seller may carry with Large down with a qualified buyer!
This is an older building with Character that was Built in 1946. The Bar has been in place for many years with plenty of fun & games with Karaoke, shuffleboard, pool table, 3 dart boards, giant Jenga, jukebox & more!
Zoned C-3 on .06 acres
Building legal sqf. 2,995.....Seller stated Interior sqf with upstairs approx.3,051
Keep it's current use or tap into Kitchen potential and increase sales with an investment in bringing the kitchen back to life. Additional bar seating and gaming area could be separate dining from bar or dual purpose. This place is setup currently as a Bar with Music and Entertainment on one side and the main Bar on the other. Many concepts would work well here including Steak House, Bistro, Italian ect...
2015 Sales $246K
2016 Sales up in 2016 $290,245
Showing a small net cash flow, but an Owner Operator with expereince could amplify the cash flow accordingly.
Owner will consider serious offers.
This is an "AS IS" and WHERE IS" sale.
Reason for selling: Seller Retiring!
Go to SellingRestaurants dot com listing # 4220.
Restaurant Broker Scott Beaton DRE License #01853968
Lease
Financials
Operations
Friday and Sat. 10am-1pm
Facilities
Highlights
- 48 ABC license - 21 and Over
- Real Estate included
- Kitchen Hood system needs upgrading, but would make a great Bar/Restaurant concept
- Lots of Parking
- Sales are up over last year
- Newer Roof and HVAC
Financing
Demographics
| Population | 5-mi |
|---|---|
| 2014 Total Population | 32,539 |
| Households | 5-mi |
| 2010 Number Of Households | 11,029 |
| 2010 Persons Per Household | 2.78 |
| Median House Value | $154,600 |
| Income Per Household | $40,260 |
| Businesses | 5-mi |
| 2009 Number Of Businesses | 509 |
| 2012 Number Of Employees | 13,010 |
| 2012 Total Annual Payroll | $222,652,000 |
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.