Located in one of the busiest shopping centers in town, this store has been in the same location for over 35 years. It is in the heart of the very desirable and picturesque Sierra Nevada foothills, next to a major interstate freeway. The rent is only $1,700 a month with $305 for cams. There are 4 years left on the current lease, and the owner feels confident that they can obtain another 5 year option for the buyer. Annual sales of over $276,000 make this a great store to own. Adjusted net cash flow averages over $46,500 for the last two years. If you want a simple, easy to run business with national franchise advertising and support, take a look at this business!!Please select one of the bright orange buttons below to get the name and address of the restaurant. If you're not a registered buyer, it will ask you to register. It costs you nothing! And you'll get placed on our e-mail list getting first look at our newest listings.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
4 yrs left on 5 year option
Total Monthly Rent:
$1,700
Financials
Last Year's Annual Gross:
$276,223
Last Year's Owner's Cash Flow:
$42,533
Last Year's Food Cost %:
31.8
Last Year's Payroll Cost %:
23
Operations
# of Part-Time Employees:
7
Highlights
- Over 35 years in the same location !!!!
- Located in one of the busiest centers in town
- In picturesque Sierra Foothill town
- Sales in 2007 over $276,000
- Rent only$1700 a month
- Adjusted net averged over $46,500 last two years
- 4 years left on lease
- National advertising and support
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
5-mi |
2014 Total Population |
26,701 |
Households |
5-mi |
2010 Number Of Households |
11,435 |
2010 Persons Per Household |
2.33 |
Median House Value |
$338,191 |
Income Per Household |
$57,607 |
Businesses |
5-mi |
2009 Number Of Businesses |
1,162 |
2012 Number Of Employees |
22,940 |
2012 Total Annual Payroll |
$380,667,000 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.