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#537
Sacramento Restaurant For Sale

Successful High Volume Seafood Buffet/Mongolian B.B.Q./Sushi in High Traffic Area

$250,000
Sold
Successful High Volume Seafood Buffet/Mongolian B.B.Q./Sushi in High Traffic Area
This Listing is Sold
Here we have a very successful, high volume Seafood Buffet and all you can eat Sushi restaurant with a great lease and location. It is across the street from two newly renovated mall areas with major anchors and established neighborhoods. The inside square footage is 8,489 square feet at an unbelievable $.97/foot. The cams are only an additional $.19/foot. This is an amazingly low cost for an establishment of this size. There is 7 years remaining on this lease and two additional 5 year extensions...this is set up to be a legacy location. The monthly gross is approx $100,000 and is supported by 250 seats inside and 50 parking spaces to facilitate the flow of the business. When you look at the pictures you will see how the build-out is designed to move the customers through multiple buffet tables and into the seating area or back to the large banquet room. The pictures show a huge kitchen with multiple hoods and substantial storage. Walk in refrigeration and a huge dishwashing station round out the complete production facility that makes-up the kitchen. A qualified and experienced Manager and Chef keep this absentee facility running at full speed.
Take the next step to register and complete the online confidentiality agreement to get the restaurant name and address. Also you'll be given previews to our new listings in the future, giving you the greatest chance to �scoop in� the best opportunities as they become available.
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:
7 year remain, two 5 year extentions
Total Monthly Rent:
$8,489

Financials

Last Year's Annual Gross:
$1,133,855
Last Year's Owner's Cash Flow:
$153,125
Last Year's Food Cost %:
374160
Last Year's Payroll Cost %:
14
Last Year's Rent %:
16

Operations

Liquor License:
41
# of Full-Time Employees:
9
# of Part-Time Employees:
4
Hours Open:
Every day 11am to 9pm.
Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
8,489

Highlights

  • Successful High Volume Seafood Buffet/Sushi Bar
  • Very attaractive high traffic location
  • Extensive Kitchen Buildout for high production demand
  • Low Cost per square foot large location
  • Seven Years remain on existing lease with two five year extensions
  • Inside seating for 250 customers and 50 Parking Spaces
  • Multiple hoods and extensive storage compliment the kitchen
  • Large Banquet Room
  • Separate Beverage Station Between main dining room and Banquet Room

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 35,392 93,000 321,630
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 14,529 33,952 120,210
2010 Persons Per Household 2.30 2.56 2.52
Median House Value $244,500 $265,366 $236,294
Income Per Household $38,750 $50,779 $47,890
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 730 1,738 7,242
2012 Number Of Employees 19,206 54,858 234,924
2012 Total Annual Payroll $399,673,000 $1,332,149,000 $4,294,967,295

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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