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#4970
Redding Restaurants For Sale

Busy Breakfast & Lunch in Tehama County

$149,000
Busy Breakfast & Lunch in Tehama County
This Listing is Expired

Here is a Breakfast and Lunch 5 days a week and Dinner Friday & Saturday. This Restaurant Opportunity would works well for an Owner Operator.

This is a nice area of northern California with a 2014 population of around 14,000 residents. Lots of nearby activities in this Northern California With Shasta County just down the road . This is a family friendly city with the city established right on the Sacramento River.

Dining is Casual and Comfortable with a Country style theme.... There is a large dining area with lots of natural light & a semi private dining area for large parties and overflow as well.

Nice large Office upstairs.

Great location on Min Street in Town.

Plenty of parking in large lot in rear.

Kitchen has all the equipment you need with newer FF&E Includes Upright &  Walkin coolers, Char Broiler, Stove, Fryers, prep stations.

Lease:Low Rentat $2,800 for 4,000 sqf.

Sales are up over last year.

Financials available only upon buyer qualification.

This listing requires complete confidentiality as the seller does not want employees informed or questioned at this point in the process yet.

Reason for selling: owner has other existing business.

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Redding Restaurants For Sale
Lease Term:
Expires Dec. 31st 2019
Total Monthly Rent:
$2,800

Operations

Liquor License:
41
# of Full-Time Employees:
8
# of Part-Time Employees:
6
# of Working Owners:
1
Hours Open:
Sun.-Thurs. 6a-3p
Friday and Saturday 6a-8p
Year Established:
2000
Hood System Type 1:
Yes

Facilities

Indoor Seating:
152
Inside Sq. Ft.:
approx 4,000

Highlights

  • Low Rent
  • The place to go for Breakfast and Lunch!
  • Good Reviews
  • Popular Dinner Venue Friday and Saturday.
  • End Cap...with Windows everywhere!
  • Favorite with Locals and Travelers off I-5

Financing

Down Payment:
$100,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 30,344
Households 5-mi
2010 Number Of Households 11,156
2010 Persons Per Household 2.53
Median House Value $182,600
Income Per Household $39,934
Businesses 5-mi
2009 Number Of Businesses 604
2012 Number Of Employees 15,276
2012 Total Annual Payroll $296,139,000

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.

Other Listings in the Area
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    Lease:  
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    Annual Revenues:  
    $758,150
    Annual Adj. Net:  
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    Available
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