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#255
Sacramento Restaurant For Sale

FAST GROWING FOUR STAR BBQ

$365,000
Sold
FAST GROWING FOUR STAR BBQ
This Listing is Sold

This BBQ place is one of our best buys of the year. Sales have increased 15% each year since opening in 1999. The restaurant serves Tri-tip, chicken, fish, ribs and assorted variety of side dishes. The menu is simple making this a smart operation to own. The owners are willing to spend two months training the new owners at no extra cost. This restaurant had the finest equipment (DSC & Wolf) and is in impeccable condition. The owners are retiring to the east coast closer to the new grandson and daughter.

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

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
4.5 yrs remain w/ one 5 yr option
Total Monthly Rent:
$3,394
Security Deposit:
$3,500

Financials

Last Year's Annual Gross:
$707,000
Last Year's Owner's Cash Flow:
$140,000
Last Year's Food Cost %:
43.9
Last Year's Payroll Cost %:
15.1
Last Year's Rent %:
9.3

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
8
# of Family Employees:
3
Hours Open:
Open 5 Days Lunch and Dinner
Year Established:
1999

Facilities

Indoor Seating:
45
# of Parking Spots:
40
Inside Sq. Ft.:
2,800

Highlights

  • 15% Annual Revenue Growth
  • $55,000 Monthly Gross
  • $140k+ Annual Adj. Net if Open 6 Days
  • Restaurant Open only 5 days
  • There is 7 Days of Business
  • Daily sales $2,400+
  • SBA Financing with 20% down
  • Increase business by adding Beer & Wine
  • Family operated business
  • Owners will train for 2 months at not extra cost
  • Great upside, simple business

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
20%
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 47,367 123,819 240,233
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 13,927 40,881 77,699
2010 Persons Per Household 3.23 2.85 2.81
Median House Value $210,200 $181,967 $211,880
Income Per Household $65,779 $55,346 $59,196
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 275 872 2,637
2012 Number Of Employees 4,844 18,736 83,046
2012 Total Annual Payroll $63,799,000 $277,094,000 $1,974,088,000

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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